Taxes

The federal and New York governments have taken immediate steps to mitigate the economic fallout from COVID-19, including the passage of tax measures designed to provide businesses and individuals with much-needed financial relief. Accordingly, as the pandemic unfolds and tax season ushers in, businesses and individuals find themselves facing complex compliance issues in uncharted territory. Our team remains dedicated to providing updates as to the latest news in tax law, and to providing the legal advice that individuals and businesses need, both to ensure compliance and to take advantage of all new financial opportunities.

Taking Advantage of Tax Free Gifting Opportunities Amid Economic Downturn (April 3, 2020)

The Logistics of Refundable Tax Credits Under the FFCRA (March 30, 2020)

A Summary of Relief Available to Businesses Under the CARES Act (March 30, 2020)

Tax Filing Deadlines Extended as a Result of COVID-19 (March 30, 2020)