Call Now: 212-235-1817
Call Now: 212-235-1817
New York City and Long Island Tax Attorneys
Since 1983, our tax firm has skillfully represented individuals and corporations in New York City and Long Island, across the country and throughout the world.
Taxpayers generally have to pay taxes to at least two authorities: the Internal Revenue Service (IRS) for their federal tax obligations and state authorities for whichever state they call home. But what is home? Why does the definition of “home” even matter? To put it...
The Internal Revenue Service (IRS) recently announced that, as of 2020, it would prioritize high-income non-filers for additional review. The agency appears to be putting its money where its mouth is, shifting funds to resources that focus on aggressively pursuing...
Technology advances have arguably made the ability to start a business easier than ever before. We can start our own websites and expand our markets throughout the country, and even globally, with little more than a push of a button. Taking these steps may seem...
The federal estate tax, in 2020, is set to tax the transfer of estates valued over $11.58 million, or $23.16 million for a married couple. Although most families do not need to take steps to help preserve this level of wealth, there is still the possibility of a state...
The Internal Revenue Service (IRS) must follow guidelines when it comes to the collection of taxes. What does this mean? A general rule of thumb: the IRS 10 years to collect taxes. Of course, this general rule does not always apply. There are exceptions and other...
An evening at the casino is an entertaining way to spend time. In some cases, those who stop in may leave with big winnings. Those who win at the casino may wonder if they can simply walk away with a little extra money lining their pockets, or if they need to report...
Merger and acquisition deals (M&A) can help entrepreneurs set their businesses up for growth. These deals can allow for expansion into a new marketplace in a number of ways. Two key examples include: Physical. An M&A transaction can allow a business to expand...
The Internal Revenue Service (IRS) has a time limit on when they can collect taxes. This time limit, referred to in the legal world as a statute of limitations, is generally set at ten years from the date the federal government assess the taxpayer’s tax bill. It is...
Federal prosecutors recently charged Texas billionaire Robert Brockman with multiple tax crimes. Officials state this is, to date, the largest tax evasion crime the country has seen. Mr. Brockman, arguably one of the nation’s most prominent philanthropists, now faces...
COVID-19 continues to make life difficult for taxpayers throughout the country. In response, the Internal Revenue Service (IRS) recently published a notice outlining new relief options for taxpayers who are struggling due to COVID-19. The agency is also encouraging...
