Most workers attend to their federal income taxes once a year, when tax returns are due on or about April 15. For regular employees, the payment of taxes is made…
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$12,060,000 per person. That's the Federal Estate and Gift Tax Exemption for 2022, and you have until 2025 to take advantage of it. In three years, the exemption will drop…
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As we wrap up 2021, it’s important to take a closer look at your tax and financial plans. This year likely brought challenges and disruptions that significantly impacted your personal…
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Don't leave your heirs up in the air — let an experienced estate planning attorney protect your final wishes. A Last Will and Testament is an essential document that covers…
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Planning for what happens after you die might not be the most pleasant of tasks. However, it's undoubtedly among the most important. Without an estate plan in place, those you…
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New York State enacted changes to its power of attorney law on December 15, 2020. This bill was signed into law by Governor Cuomo, taking effect on June 13, 2021.…
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Summer vacation is a busy time for the family — the prospect of sun, sea, and sand is enough to excite anyone. In between booking hotels and packing luggage, it…
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Estate planning is the process of determining how your assets will be distributed after you die. It's not a fun task, but it is essential. Without a will, your estate…
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The Committee for a Responsible Federal Budget is an independent, non-profit, and bipartisan organization that scrutinizes federal budgets and fiscal plans. When it examined President Biden’s tax plans, the Committee…
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In 2017, estate tax thresholds were at $5.49 million. In 2018, the threshold more than doubled to $11.18 million and now sits at $11.7 million. This increase is currently set…
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