Many people in New York make a point of donating to charity each year. There is a wide range of tax-exempt organizations in the United States, whether they engage in educational and cultural programs, support charitable deeds or promote religious activity. However,...
Tax planning in New York isn't just for the rich. Regardless of your socioeconomic status, there are ways for you to save on your taxes. While you save on your taxes, you could begin investing to improve your socioeconomic status. Max out your 401(k) The more you...
New York wills are comprised of various clauses and parts that are all required to clearly state someone’s wishes after they pass. It might be confusing to understand all the different parts of a last will and testament, but most are relatively straightforward. What...
Giving money to a New York charity has long been one of the very best ways to make a reliable deduction on your taxes. The rules for this sort of giving have been revised to reflect the latest tax standards. There are two new rules that you will need to pay close heed...
A person who passes away with a will transfers their property to the beneficiaries named in the will under testate. A person who passes away without a will has their property distributed through a state's intestate succession laws. The laws define which relatives...
Many New Yorkers enjoy riding bicycles as a cheaper, healthier alternative to getting in a car. If you get into an accident, it’s important to know what to do afterward. Call 911 for help A bicycle accident that involves a motor vehicle can be serious. If you’re...
For high-net-worth individuals in New York who are preparing to file their taxes, trying to minimize the tax burden without running the risk of an audit or other bad outcome. There are a lot of strategies that they can employ to meet these goals. Tax planning Many of...
