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DACA Program May Resume in 90 Days    A federal court in Washington D.C. ruled yesterday (4/24/18) that the Department of Homeland Security (“DHS”) has ninety (90) days to justify its rescission of the Deferred Action for Childhood Arrivals (“DACA”) program or the recession will be vacated in full.  The case can be found here:…

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Are You Underinsured? S.U.M. 3 simple letters. Supplementary Underinsured Motorist Coverage. Four complicated words that can strike fear into an injured driver and many a personal injury attorney. This blog talks about a case where an insurance company wanted to deny our client insurance coverage he paid for, but J&G went to court and won…

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Bet you didn’t know that DWI could cost you up to $7,500 As a Hudson Valley criminal defense attorney, I am often asked about Driving While Intoxicated (“DWI”) cases.  Hudson Valley residents have an array of questions regarding DWI that they can’t wait to pose to an attorney.  The questions include those about whether to…

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Press Release Navigating the Home Buying and Selling Experience:  A Free Workshop April 26, 2018 5:30 PM WALDEN, NY – Jacobowitz and Gubits has partnered with Walden Savings Bank, Marion Bruhns from Better Homes and Gardens Rand Realty, and Claudia Jacobs of Claudia Jacobs Designs to provide a one-stop-shop for the information needed to make…

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WHAT THE NEW TAX LAWS MEANS TO HOMEOWNERS The Housing Market Could Shift Under the New Tax law Home Buyers and Sellers Are Affected The New Law Will Affect The Tax Incentives of Owning a Home The Housing Market Could Shift Under the New Tax Law The economy is booming, take home pay is rising…

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SIMPLIFYING THE QBI DEDUCTION TAX BREAK  Last year’s sweeping tax overhaul, the Tax Cuts and Jobs Act of 2017 (TCJA), introduced a new tax break for owners of many pass-through businesses. Individuals who are sole proprietors, partners in partnerships, members in LLCs taxed as partnerships (hereafter, “partners”), or shareholders in S corporations, may be able…

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Erroneous and Malicious Information Returns W-2 and 1099 As a CPA and attorney who concentrates in tax law, I receive calls from individuals from January through April who explain that they received either a W-2 or Form 1099 from someone that they either did not work for or that the form was false, malicious and…

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The Tax Cuts and Jobs Act and Retirees By Mark A. Krohn, Tax Attorney & CPA, Jacobowitz and Gubits LLP Most retirees will not be affected by the provisions of the new 2017 Tax Cuts and Jobs Act (the”Act”). Those that are affected, however, may benefit by discussing their options with an experienced tax advisor….

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TRUMP ISN’T THE ONLY PERSON WHO CAN SUE OVER HIS TAX PROPERTY BILL The Associated Press recently reported that the President of the United State sued the Palm Beach Tax Appraiser saying his Mar-a-Largo golf course was actually worth much less than its assessment. His lawyers argue that the nearly $400,000 property tax bill is…

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Estate Planning 101 The most common misconception about estate planning is that it requires a substantial “estate.” For many, the word “estate” conjures an image of vast wealth, like that of John D. Rockefeller or Howard Hughes. However, in reality, nearly everyone leaves an estate behind when they die. It could be millions or it…

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