Did you know that in 2021 and 2022, only businesses can generally deduct the full cost of business-related food and beverages purchased from a restaurant? Otherwise, the standard limit is 50% of the meal's cost. Of course, there are the finer details that can be found in the blog! Click here…

As our society becomes more reliant on digital technologies, the world of estate planning faces new challenges. Many people today, whether they realize it or not, own substantial digital assets. Names, blogs, bitcoin, and non-fungible tokens (NFTs) are examples of digital assets that must be considered when creating an estate plan. If the proper authorizations are not in place, passwords, data encryption, criminal laws on "exceeding authorized access," and data privacy laws may prevent a decedent's family members from accessing their loved one's digital assets. It is more important than ever to have an up-to-date estate plan that complies with the law, expresses your intentions regarding all of your property, digital or not, and reduces emotional and financial burdens on loved ones after death. Digital property should not be overlooked.

Cyber security is not a "one-and-done" task. The landscape is changing so quickly that keeping up requires almost constant attention. With the implementation of new laws, organizations must collaborate closely with employees to ensure adequate knowledge and transparency in the event of monitoring.

Landlord Insurence Policies you MUST have and should not do without? Read on!

Taxpayers who are selling their home may qualify to exclude all or a portion of the gain from their income when filing their tax return. Here are some considerations for homeowners when selling a home:

On May 24, 2022, Governor Hochul signed the Adult Survivors Act into legislation. Much like the Child Victims Act, the Adult Survivors Act creates a one-year lookback window for survivors of sexual assault, but this time the window applies to anyone who was 18 or older. Individuals will now be permitted to sue abusers, as well as employers or institutions associated with the abuser, even if the statute of limitations on those claims have previously expired.

The IRS is weighing a change that could leave your heirs poorer than you might hope.

Any private employers with a place of business in New York that “monitors or otherwise intercepts” any employee's telephone conversations, emails, or internet access or usage by “any electronic device or system” must give written notice of this activity to all employees subject to such electronic monitoring

This Directive promulgates the process for sealing records from public access on order of the court at the time of sentencing for a criminal conviction or juvenile adjudication of certain marijuana or hashish offenses in accordance with the statutory amendments

Not much has changed since 2021. While possession of cannabis is legal in New York and New Jersey, there will not be any legally operating dispensaries in either state.

When considering whether to contest a decedent's Last Will and Testament, an individual should consider whether red flags might be present, which may point to a successful basis to challenge a disputed Will. These red flags tend to be the most frequently encountered issues concerning improperly drafted and/or executed Last Wills and Testaments.

While it's not an easy conversation to have, bringing up prenuptials early on – ideally before getting engaged, even if only hypothetically – can help.