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SOME TAX CONSIDERATIONFS FOR PEOPLE WHO ARE SEPARATING OR DIVORCING
Amongst some of the considerations to make when separating or divorcing are tax considerations.
10 TIPS TO DEVELOP CYBER SECURITY KNOWLEDGE WITHIN ORGANIZATIONS
With hybrid work arrangements on the rise, the concern for cyber security and related risk also continues to grow. For that reason, developing a robust cyber security within an organization is pivotal.
COLLEGE PREPARATION
Besides the normal preparations for your child to attend college, you should have your child execute a Power of Attorney, Health Care Proxy, and a HIPAA Release Form. When young adults go off to college and venture out into the real world for the first time on their own, they may continue to need the assistance you always provided to them growing up.
HERE'S WHAT BUSINESSES NEED TO KNOW ABOUT THE ENHANCED BUSINESS MEAL DEDUCTION
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…
ESTATE PLANNING FOR DIGITAL ASSETS – INTANGIBLE, BUT IMPORTANT:
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.
10 TIPS TO DEVELOP CYBERSECURITY KNOWLEDGE WITHIN ORGANIZATIONS:
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.
THESE ARE THE THREE LANDLORD INSURANCE POLICIES YOU MUST HAVE:
Landlord Insurence Policies you MUST have and should not do without? Read on!
IMPORTANT TAX REMINDERS FOR PEOPLE SELLING A HOME
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:
NOW THAT NY HAS PASSED THE ADULT SURVIVORS ACT, EVERY COMPANY SHOULD BE PREPARED
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.
HOW AN IRS CHANGE COULD HURT YOUR HEIRS
The IRS is weighing a change that could leave your heirs poorer than you might hope.
THE ELECTRONIC MONITORING NOTICE LAW
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
SEALING OF MARIJUANA OR HASHISH RECORDS IN NEW JERSEY EXPANDS:
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