Month: June 2023

Month: June 2023

Financial planning can reduce your tax liability

Paying taxes in New York is a reality for every home and business owner. The loss you feel when forking over the required earnings can be almost too much to bear. This is why you should be aware that there are ways to mitigate your total level of tax. You can do this...

Key steps to take at the scene of an auto accident

With the fear and concern following an auto accident in New York, people often forget the basics. However, there are vital steps that need to be taken in the immediate aftermath while still at the scene of the crash. Remember what should be done right after the...

How a DIY will can impact your estate plan

Planning your estate may seem like a simple do-it-yourself (DIY) task in New York, but you risk making costly mistakes and suffering unintended consequences by choosing this route. You may not know the intricate details and legal considerations in setting up a will...

Consider the best option for estate planning and probate

When leaving an inheritance to a family member in New York, you must set up the appropriate estate planning and probate parameters to ensure the wealth transition goes smoothly. You can use three options if you're doing so with adult children. These include breaking...

Distracted driving is never worth the risk

Many New York residents fall into the bad habit of doing certain things behind the wheel that can take their focus off the road. Distracted driving can happen to anyone; unfortunately, it’s a practice that can lead to severe accidents. These are some of the facts and...

What do you need to know about charitable giving in New York?

In New York, you can take tax deductions for charitable giving on your income taxes, but there are several conditions in place. Before donating, it is essential to understand what these conditions are and plan accordingly. Limits on donations In most situations, you...