When a tax problem arises it is not uncommon to become overwhelmed and sometimes even paralyzed by the situation. No doubt, much of the anxiety is due to the uncertainty of whether the problem can be solved and how to go about doing so. Over the past few years there has been a proliferation of Read More »
The Obama Administration has provided welcome transition relief to mid-sized employers (those with 50 or more full-time employees and full-time equivalent employees ("FTEs") but less than 100 full-time employees, including FTEs, ("Mid-Sized Employers") by delaying the effective date of the "Employer Mandate" required under the Affordable Care Act. Generally, the Employer Mandate requires that most Read More »
Table of Contents: Reporting Companies Large Operating Company Exemption Beneficial Owners Required Information to Report Due Date What If Information Changes? Penalties for Violations How to Report More Information Getting Started Contact an Attorney Effective January 1, 2024, many existing corporations, limited liability companies, partnerships and similar entities became subject to Federal requirements to report Read More »
Effective January 1, 2024, many Homeowners Associations (HOAs) became subject to new Federal requirements to report personal information of individuals who are their senior officers and other beneficial owners to the Financial Crime Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department. New HOAs created on or after January 1, 2024, will only have Read More »
When people and businesses are facing an overwhelming legal issue, trying to navigate the often-murky waters of the law – any law – is a daunting proposition. To get peace of mind, and get clear, direct answers from an experienced legal professional, people seek Julia Martin’s counsel for sound guidance, knowledgeable counsel, and the reassurance Read More »
Following New York's enactment of temporary COVID-19 emergency paid sick leave benefits in March, New York enacted permanent paid sick leave legislation on April 3, 2020. Governor Cuomo signed the State Budget (Senate Bill S7506B) into law, which includes a provision that amends the New York Labor Law to require employers to provide paid sick Read More »
The information presented on this website is for general information purposes only and not intended, and should not be taken, as legal advice on any particular set of facts or circumstances. You should contact an attorney for advice on specific legal issues. No attorney-client relationship is created by the use of this website. Neither your Read More »
We are facing a rapidly changing environment. The challenges affect every aspect of life and every member of our communities. We have set up this webpage to provide up-to-date information on legal matters as well as health, financial, tax and business resources, as well as CARES Act information, that may be useful to you in handling your Read More »
Bousquet Holstein PLLC is pleased to announce that Christy Vouri-Misso has joined the Tax Practice Group at the firm. As a former Attorney Advisor to Judge Robert A. Wherry, of the United States Tax Court, Christy focuses her practice on all aspects of federal and state tax controversies and planning. This background gives her the unique ability Read More »
The Treasury Department and the Internal Revenue Service announced that the filing due date for federal income tax returns would be automatically extended to July 15, 2020. The extension applies to "all taxpayers" including: individuals, corporations, trusts and estates, and other filers. Additionally, payment of income tax due has also been extended to July 15, Read More »