By Brian Figeroux, Esq. When an individual passes away, their financial and tax obligations do not automatically disappear. Instead, various tax returns must be filed to ensure compliance with federal tax laws. The process involves handling the decedent’s final federal income tax return, the estate’s income tax returns, and evaluating postmortem tax elections that can […]
By Brian Figeroux, Esq. The growing gap between the rich and the poor has been a central issue in economic discourse for centuries. Many economists argue that due to the fundamental rules of wealth accumulation, this divide will never significantly narrow. Structural advantages enjoyed by the wealthy—such as capital appreciation, access to financial instruments, political […]
By American Immigration Council Staff, Immmigration Impact | Editorial credit: Johnny Silvercloud / shutterstock.com The American Immigration Council does not endorse or oppose candidates for elected office. We aim to provide analysis regarding the implications of the election on the U.S. immigration system. Chicago has been bracing for immigration raids since the presidential inauguration, following […]
By Brian Figeroux, Esq. Divorce is a complex and emotional decision, but for low-income single parents in New York who are separated from their spouses, filing for divorce as soon as possible can be crucial to ensuring stability, financial security, and the well-being of their children. Under New York State Matrimonial Law, remaining in a […]
Estate planning is crucial in securing your financial future and ensuring your loved ones are cared for after you’re gone. While many avoid thinking about it, creating a well-thought-out estate plan can provide peace of mind for you and your family. It allows you to control your assets, ensure your wishes are followed, and reduce […]
By Chris Tobias As we move into a new year, many of us set resolutions to improve our lives through better health, financial goals, or personal growth. But amidst all these plans, one crucial solution often gets overlooked: estate planning. It’s easy to put off such a sensitive topic, but the truth is, there is […]
By www.311bankruptcy.com As we move into 2025, managing debt effectively continues to be a critical financial concern for many individuals. With rising costs of living, fluctuating interest rates, and unforeseen circumstances such as job loss or medical emergencies, finding ways to manage and reduce your debt is more important than ever. Here are some practical […]
A Message from the Comptroller Dear New Yorkers, As we start the new year, job growth has continued nationwide. That’s true in New York City as well, although local numbers are flatter and lag behind national ones in sectors other than health care and social assistance. The city’s tourism industry has rebounded to pre-pandemic […]
By Brian Figeroux, Esq. Applying for Social Security Disability benefits in 2025 involves a structured process designed to help individuals who cannot work due to a severe medical condition. While the application can be complex, understanding the steps involved can help applicants navigate the system efficiently and improve their chances of approval. This article provides […]
As we step into the new year, many people find themselves considering the exciting yet challenging prospect of buying their first home. Whether you’re tired of renting, looking to build equity, or simply ready to put down roots, purchasing your first home is a significant milestone. However, the process can be overwhelming, especially if you’re […]