The Impact of the PlayStation 5 on Inner-City Youth and Sony’s Educational Philanthropy

The Impact of the PlayStation 5 on Inner-City Youth and Sony’s Educational Philanthropy

By Brian Figeroux, Jr. | Editorial credit: Rokas Tenys / shutterstock.com  The PlayStation 5 (PS5), Sony’s latest gaming console, has significantly influenced the gaming landscape since its release. Beyond entertainment, gaming consoles like the PS5 have profound implications for inner-city youth, offering both potential benefits and challenges. Simultaneously, Sony Corporation has demonstrated a commitment to […]

Handling a Decedent’s Final Federal Income Tax Return, Estate Income Tax Returns, and Postmortem Elections

Handling a Decedent’s Final Federal Income Tax Return, Estate Income Tax Returns, and Postmortem Elections

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 […]

The Wealth Gap: Why Economists Argue It Will Never Narrow and Its Consequences for Humanity

The Wealth Gap: Why Economists Argue It Will Never Narrow and Its Consequences for Humanity

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 […]

ICE Makes Sweeping Arrests in Chicago, Endangering City’s Livelihood

ICE Makes Sweeping Arrests in Chicago, Endangering City’s Livelihood

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 […]

Why Low-Income Single Parents in New York Should File for Divorce ASAP to Protect Their Children’s Best Interests

Why Low-Income Single Parents in New York Should File for Divorce ASAP to Protect Their Children’s Best Interests

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 […]

How Estate Planning Can Give You Peace of Mind

How Estate Planning Can Give You Peace of Mind

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 […]

Estate Planning: If Not Now, When? Start the New Year Right

Estate Planning: If Not Now, When? Start the New Year Right

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 […]

Managing Your Debt in 2025: Tips and Strategies

Managing Your Debt in 2025: Tips and Strategies

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 […]

The High Cost of Child Care

The High Cost of Child Care

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 […]