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When working on an estate plan, most of the focus is on “stuff.” It is easy to make a list of financial assets, heirlooms, real estate and other physical items acquired, and put together how you want to dispose of those items in a will or in a trust. One important thing not to overlook

As COVID-19 spread across the globe, most museums were forced to close their doors to the public to comply with “stay at home” orders and social distancing requirements. Like many other businesses, museums are cutting pay and furloughing workers in an effort to deal with the financial hardships caused by the pandemic. Others have taken

In a previous article we discussed various financial assistance programs available to small businesses in New York City due to the COVID-19 pandemic. This article focuses on the financial assistance programs available to not-for-profit organizations in New York City as a result of the pandemic.
FEDERAL ASSISTANCE
The Coronavirus Preparedness and Response Supplemental Appropriations (CARES)

As the US battles the COVID-19 pandemic, there are numerous stories from both the famous to everyday people, who had family members placed into medically-induced comas and put on ventilators to survive. However, once someone is unable to communicate with their doctors about treatments and make decisions about their health care, who decides and

[Updated: April 2, 2020]
As the COVID-19 pandemic continues to impact the regular lives of U.S. citizens and New Yorkers, it also has a significant impact on the 2020 tax season as well. Both the U.S. federal government and New York State Department of Taxation and Finance are making important adjustments to ease taxpayers’ burden.