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Mahopac

Taking Care of Business

As grim as the number is, it also shouldn’t come as a shock that it’s reported 2020 saw about 100,000 small businesses shut down—for good, which obviously is very bad.

A survey by WalletHub of the states whose small businesses have the best prospects for recovery does not bring especially encouraging news for New York State—or for the state of New York small ...

Is now the time to gift your commercial real-estate holdings?

As has been well documented, the current federal estate and gift tax exemption of $11.7 million per person is scheduled to sunset (expire) on Dec. 31, 2025.

Unless the current exemption is made permanent on or before Dec. 31, 2025 (which is highly unlikely because of the present political environment in Washington), on Jan. 1, 2026, the new federal estate and gift tax exemption will be ...