Endowments at private foundations saw double-digit growth in both 2020 and 2021, rising $1.7 billion last year. Private and family foundations opened their pocketbooks wide again in 2021, following a
Late Portability Election: New Relief Available The IRS has just changed the timeframe for filing a late portability election for federal estate tax purposes. This is extremely important to those
Our Partner Stuart Schoenfeld joined Kris Flammang, Co-Founder & Financial Advisor at LPF Financial Advisors, for a one-on-one conversation on The Confident Retirement podcast. Stuart specializes in special needs, elder
Calling all non-filers and late filers: you may be eligible for penalty abatement pursuant to recent IRS guidance for the 2019 and 2020 tax years. See Notice 2022-36. Recognizing the
In January, we wrote about new laws that Governor Kathy Hochul signed in November 2021, that permanently gave New York not-for-profit corporations and religious corporations the ability to hold virtual
New York residents relocating to lower or zero income tax states like Florida could be in for a shock at tax time. It’s not enough to simply rent an apartment
Practitioners interested in seeking innocent spouse treatment for their clients should be aware of the current law with respect to the scope of review. For appeals to the U. S.
By Gregg Greenberg Last week, the Financial Industry Regulatory Authority censured and fined J.P. Morgan Securities $200,000 for failing to reasonably supervise Evan Schottenstein when the former registered representative made a
By Brendan J. O’Reilly Featuring Yvonne R. Cort, Esq., Partner at Capell Barnett Matalon & Schoenfeld LLP A new court decision is welcome news for Hamptons real estate owners who
On May 19, 2022, the Court of Appeals, New York’s highest court, ruled that doctors and other health care providers who were insured by Medical Liability Mutual Insurance Company (“MLMIC”)
