New York State Governor Kathy Hochul continues to sign legislation emanating from a busy legislative session, including legislation rendering contractual assignment-of-inventions provisions unenforceable, prohibiting employers from accessing employee social media account log-in information, and more.

Real estate investors seeking to minimize capital gains taxes and depreciation recapture can employ two powerful tax strategies – a 1031 Exchange and a Section 121 Exclusion.

While typically used independently due to differing property requirements, there are instances where these strategies can be combined for an even greater tax advantage.

In 2023, significant changes are reshaping the non-compete landscapes in the United States, and employers need to stay informed to protect their interests.

Several key developments are unfolding; read more for a summary of what you should know.

Are you ready to turn your entrepreneurial dreams into reality? Starting a new business is an exciting journey, but it requires careful planning and execution.

New York City adopted changes to its sick and safe time regulations, effective October 15, 2023. The changes clarify coverage issues for telecommuters and hybrid employees, employer headcount and coverage thresholds, and advance notice and documentation requirements.

Navigating the world of IRS communications can be confusing and sometimes even alarming, especially when personal valuable information is at risk. To ensure that you stay protected against identity theft, follow these guidelines here!

Beginning January 1, 2024, businesses that file 10 or more information returns must e-file Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. For those with fewer information returns, e-filing Form 8300 is still optional. To file electronically Form 8300, a business must set up an account with the Financial Crimes Enforcement Network's BSA E-Filing System. The IRS will ensure the privacy and security of all taxpayer data.

Estate planning is often perceived as a concern exclusively for the wealthy, but in reality, it's a crucial endeavor for individuals and families from all walks of life.

Regardless of your financial status, there are essential considerations to ensure your assets are managed and distributed according to your wishes.

New York employers have another reason to ensure that all employees are properly paid – the risk of criminal prosecution.

According to the New York Penal Law, "a person steals property and commits larceny when, with intent to deprive another of property or to appropriate the same to himself or to a third person, he wrongfully takes, obtains or withholds such property from an owner thereof." N.Y. Penal Law § 155.05(1)

What is a Revocable Trust? A trust is a legal arrangement that allows one person (a trustee) to hold and manage property for the benefit of one or more beneficiaries. What are the Advantages of a Revocable Trust? Is a "Lifetime" or Revocable Trust for You?

This checklist provides a comprehensive overview of key considerations for assessing readiness for cyber insurance. It covers five critical areas: 1. Identifying your risk, 2. Protecting your assets, 3. Detecting risk and breaches, 4. Responding to cyber attacks, 5. Recovery after an attack.

Starting from January 1, 2024, businesses are mandated by the Internal Revenue Service (IRS) to electronically file Form 8300, Report of Cash Payments Over $10,000, instead of submitting paper returns.