This holiday season, be on high alert for gift card scams. Remember . . . The IRS will NEVER ask for gift cards as payment for a tax bill. Scammers often impersonate officials and use fear tactics to trick taxpayers.

New York Employers . . . Are you ready for the Paid Prenatal Leave Law? Starting soon, eligible employees must receive up to 20 hours of paid prenatal leave annually for essential health care services related to pregnancy.

Kick off the year by revisiting key policies in your employee handbook. Read the full blog here for actionable steps!

Navigating a 1031 like-kind exchange can be challenging. With strict deadlines, multiple parties involved, and substantial tax liability at stake, real estate investors need strategic planning—and sometimes a solid Plan B. Options like the Delaware Statutory Trust (DST) or Qualified Opportunity Zone investments can be lifesavers in the right situations.

New rules under the Mental Health Parity and Addiction Equity Act (MHPAEA) will require most employers—including nonprofits—to act by January 1, 2025. These updates ensure that mental health and substance use disorder (MH/SUD) benefits are in parity with medical and surgical benefits.

Big changes are here for employers conducting criminal background checks in New York! The Clean Slate Act introduces automatic sealing of eligible convictions, new notice requirements for employers, and protections against certain negligence claims. Is your business prepared for these new obligations?

Thinking about how to structure your single-member LLC for tax savings? Did you know it can be taxed as an S Corporation? This switch could reduce personal tax liability—but there are deadlines and steps you need to follow.

Estate planning is essential for couples to protect each other and ensure their wishes are honored!

An up-to-date Will, along with carefully managed beneficiary designations and powers of attorney, can prevent unexpected outcomes—especially for blended families or those facing life changes like marriage or divorce.

The rapid evolution of Artificial Intelligence has introduced a range of risks—some discovered daily—that businesses must consider. 

The EEOC recently issued a reminder to employers regarding the use of physical exams. Whether it's during the hiring process or for current employees, employers must ensure assessments are job-related and consistent with business necessity.

Starting in March 2025, significant updates are coming to Form NYS-45, affecting how you file quarterly withholding, wage reporting, and unemployment insurance returns. Here’s a quick rundown of the changes.

Starting January 1, 2025, there’s a new requirement on your to-do list: Paid Prenatal Personal Leave (PPPL). All employers will need to provide pregnant employees with 20 hours of paid leave for physical exams, medical procedures, and more. This is in addition to paid sick and safe leave.