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The Hidden Dangers of Gifting to Family Members As people get older and retire, many express an interest in gifting to younger family members and sharing their savings with those who need help. A common misunderstanding about gifting stems from the IRS annual gift exclusion. Many of my clients correctly identify that any individual may…

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Are you ready for the new smoke detector requirements? Beginning on April 1, 2019, all new and replacement smoke detectors must be hard wired or have a non-removal battery with a minimum battery life of 10 years. Now would be a good time to update your old smoke detectors and to check to see if…

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Estate Planning and Asset Protection Free Seminar – June 25, 2019 You and a guest are invited to join us for this free Estate Planning and Asset Protection Seminar on June 25, 2019 at 6:00 PM at J&G, 158 Orange Avenue in Walden, NY. Register Here – Seating is Limited so reserving your spot is…

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Are you really an independent contractor? There is often a lot of confusion surrounding whether someone is an independent contractor or an employee. The correct classification is determined by each given specific situation, but there are a number of factors that can be used to help guide the determination. The analysis hinges on the level…

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DACA Update  With all the litigation surrounding the termination of the Deferred Action for Childhood Arrivals (“DACA”) program, you may be wondering, “what is the status of DACA now?”  This brief article will give you a comprehensive update. As of February 5, 2019, the full DACA program remains at a standstill but the government is…

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Home Buying Seminar – April 25, 2019 Join us for a free Home Buying Seminar on April 25, 2019 at 5:30 PM at J&G, 158 Orange Avenue in Walden, NY. Register Here – Seating is Limited – Raffles – Refreshments If you are looking to buy or sell a home in the near future, then…

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The DREAM Act is Finally Passed in New York On January 23, 2019, both the New York Assembly and Senate passed the DREAM Act (the “Act”), which provides financial aid and scholarship opportunities as well as in-State tuition rates for undocumented students in New York State.  Similar bills have been proposed in the State legislature…

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10 Sure Ways to Lose Your License As a Hudson Valley DWI defense and criminal defense attorney, my clients are often concerned about how a Driving While Intoxicated charge will impact their driver’s license. For most of us in the Hudson Valley, getting to work, doctors appointments, and other necessary locations all depends on being…

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HAVE YOU RUN OUT OF TIME TO BRING YOUR LAWSUIT? When a client approaches our office about a possible personal injury lawsuit, one of THE very first questions is: when did the accident happen? In the rare case, if it is more than a certain period of time, the statute of limitations has run out…

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How the New Tax Law May Affect Seniors For the 2018 income tax year, the fairly new Tax Cuts and Jobs Act (“Tax Act”) provides some important changes that will save seniors (or their accountants) money and aggravation while completing their 2018 income tax return. New Tax Brackets. To begin, the Tax Act keeps the…

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Jacobowitz and Gubits Counselors at Law