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New Jersey Estate Tax Debate Thickens: Higher Threshold or Five-Year Phaseout?

April 22 2016 The Garden State is one of just two states—the other is Maryland—with both an estate tax and an inheritance tax. Unlike with federal estate tax rules…

Estate Planning and Administration - Be Prepared for the Year That Follows the Death of a Loved One

April 6 2016 The loss of a loved one is a traumatic event and it can be among the most challenging of times to make important financial decisions. Proactive...

Should I be a C Corp? Choice of Entity after Tax Reform

January 22 2018 The recently enacted 2017 Tax Act (originally called the Tax Cuts and Jobs Act - "Tax Reform") made major changes to the US tax system. Because C…

Moved to Florida, but still can’t let go of New York - Will your estate be subject to New York estate tax?

April 11 2016 Many New Yorkers who want to move to Florida still desire to retain a home, an apartment, or some other type of property in the place where they grew…

Opening a Restaurant in New Jersey - A Liquor License Q & A

May 2 2017 If you have plans to open a restaurant in New Jersey and would like to serve alcohol, you should be aware of the longstanding rules related to liquor…

SCOTUS Blocks OSHA Vaccine and Testing Mandates, Leaves in Place Similar Requirements for Healthcare Workers Nationwide

January 14 2022 The United States Supreme Court yesterday blocked the Biden administration‘s enforcement of a requirement that employees at large businesses be…

New Chapter 11 Filing - Seadrill New Finance Limited

January 12 2022 On January 11, 2021, Seadrill New Finance Limited (“NSNCo”), issuer of Seadrill secured notes due 2025, and several affiliates filed a petition for…

New York Adopts Final Regulations for State Sick Leave Law

January 10 2022 On December 22, 2021, the New York State Department of Labor (“NYDOL”) issued the final rules (the “Rules”) implementing the New York State Sick…

2022 Changes to Estate and Gift Tax Exclusions

December 29 2021 The IRS released Revenue Procedure 2021-45 which announces the increase in 2022 of the estate, gift and generation-skipping transfer tax applicable…

Vaccine Mandate Puts Enforcement on NYC Employers

December 28 2021 A universal vaccine mandate comes to New York employers courtesy of New York City’s Department of Health and Mental Hygiene. Compliance in Your…