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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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New Tax Law Makes Maintenance Payments Non-Taxable The Tax Cuts and Jobs Act enacted at the end of 2017 included changes to the treatment of maintenance payments in a divorces with marital dissolution agreements that are entered into or modified after December 31, 2018. Under the “old” law, which is now repealed, the maintenance paying…

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Taxes, Pot and Your Business Taxes, Pot and Your Business. If you run a legal business selling medical marijuana, can you take federal tax deductions for business expenses allowed for any business? Out west, the answer is no and here is the explanation. Let’s start with an important caveat: Selling marijuana for recreational use in…

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Avoid a DWI:  How much alcohol is too much? Several years ago the New York State STOP-DWI Association, Inc. launched the “STOP-DWI Crackdown Weekends” to better coordinate and promote county efforts to achieve greater visibility of DWI enforcement activities.  The Association has found that when there is visible and reported heightened watch; drivers are less…

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It’s Always the Right Time for Estate Planning Each year of my practice as an attorney, I meet hundreds of people without a will or any estate plan in place. The most common reason they give me is timing. Young people—20’s to 50’s depending on who you talk to—tend to feel that they’re healthy and…

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Cannabis For Veterans With Chronic Pain or Post Traumatic Stress Disorder H.R. 5520 -The VA Medicinal Cannabis Research Act of 2018 was introduced by Congressional representative Timothy J. Walz on April 16, 2018. The bipartisan bill authorizes the Department of Veterans Affairs (VA) to conduct and support research on the efficacy and safety of certain…

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Marihuana in NYS   We are working on being your source for information about the change in the marijuana laws in New York. Here is an update. Of course, legislation and bills change, the process can be messy and the final product might be different from what we know as of this writing. First, in…

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Renewable Energy Solutions  One would only need to take a quick look at recent international, national and local news to understand the need to support and promote efforts to provide renewable energy sources in our region, our country and the world. Internationally, Europe is facing one of the hottest, if not the hottest, summers on…

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STAR WARS Changes to the Administration of the Enhanced STAR exemption draws criticism from the New York State Assessors’ Association. Without input from the New York State Assessors’ Association, Governor Cuomo’s 2018 budget made it mandatory to register on-line with New York State Department of Taxation and Finance, not your local assessor, to file the application…

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Pot in New York? NYS wants to Legalize Marijuana If you are interested in why New York State wants to legalize marijuana, you should read on. It is our intention to become your source for information in this brave new world. In July, 2018, a report was issued by the New York State Department of…

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Jacobowitz and Gubits Counselors at Law