Legal Updates & Commentary for Tax & Estate Planning
The Democratic Party’s “virtual” convention last week seems to have gone pretty well. All the stars of the Party’s firmament were on hand and spoke in “virtually” one voice in their assessment of the individual who currently occupies the White House and of his performance in carrying out the duties of the nation’s…
“The board is set. The pieces are moving. We come to it at last.”
With these words, Gandalf the White acknowledged that the decisive battle for control over Middle Earth had been joined.[i]
So it is now for the U.S. Presidential election scheduled for November 3, with both major parties having identified their respective…
Many business owners who reside in New York, and whose business is headquartered in the state, pay income taxes not only to New York, but to other jurisdictions as well.
For example, the resident owners of a business may operate through a corporation that has elected to be treated as an S corporation,…
We frequently hear about the many wealthy foreigners who acquire investment interests in New York real property, and the complex tax considerations relating to such investments. Yet, we sometimes forget that there are many US persons outside of NY (New Jersey is still part of the US, right? Oh well) who are drawn to an…
