New York State imposes one of the most punitive estate tax structures in the United States, featuring what tax professionals call an "estate tax cliff." This harsh reality catches many families off guard, potentially costing them millions of dollars in…
Navigating the tax implications of inheriting property can be complex and overwhelming. If you have recently inherited property in Armonk, New York, you may have questions regarding estate taxes, inheritance taxes, capital gains, and rental income tax. Understanding these concepts…
Estate planning can be a complex and emotionally charged process, but it is essential for anyone who wants to protect their wealth and provide for their loved ones after they’re gone. For residents in Great Neck, New York, understanding the…
Navigating the complex world of taxes can be daunting, especially when faced with terms like "tax audit" and "tax litigation." Understanding these processes is crucial, particularly for Brooklyn, NY residents, who may find themselves in need of legal assistance. This…
Do-it-yourself projects continue to increase in popularity, especially when you can go online and find helpful videos and guides to accomplish just about anything. However, dealing with the Internal Revenue Service and figuring out all the tax statutes that apply…
A recently passed Inflation Reduction Act provided the Internal Revenue Service with an $80 billion cash infusion. The IRS says it plans to use the influx of money to develop new data management systems and provide Americans with “world-class” customer service…
A new IRS proposed regulation brings welcome news to beneficiaries of estates and non-grantor trusts. Beneficiaries will now be able to deduct expenses in excess of income in the final year of the trust or estate. The deductibility of these…
Both Chapter 13 and Chapter 7 bankruptcies give New York residents a clean slate upon which to build a secure financial future. A Chapter 7 filing can also help debt-strapped people get out from under some of their tax obligations. This…
Hiding assets to avoid paying taxes can come with a hefty price as it is considered tax fraud. A former University of Rochester professor learned that. He already paid fines totaling more than $100 million for failing to disclose income…
The Internal Revenue Service has taken a considerable number of steps in the past few years to combat tax fraud and identity theft. Losses due to fraud in 2013 and 2014 totaled nearly $9 billion. These added precautions will cause…
Great Neck Office
98 Cuttermill Road
Suite 384N
Great Neck, NY 11021
Phone: 866-637-7300
Melville Office
445 Broadhollow Road
Suite 25
Melville, NY 11747
Phone: 866-637-7300
Rockville Centre Office
371 Merrick Road
Suite 303
Rockville Centre, NY 11570
Phone: 866-637-7300
Brooklyn Office
8804 4th Avenue
Brooklyn, NY 11209
Phone: 866-637-7300
Armonk Office
80 Business Park Drive
Suite 207
Armonk, NY 10504
Phone: 866-637-7300
London Office
Carrington House
6 Hertford Street
London, UK W1J7RG
Phone: 866-637-7300
London: 44-7307-155-001
