The Treasury and Internal Revenue Service announced on March 18 that taxpayers can delay paying their income taxes for up to 90 days, which includes income taxes up to $1 million.
Korsinsky and Klein, LLP is monitoring these changes closely and understand the confusion that clients may have regarding the new tax filing procedures. » Read More
On March 5, 2020, the New York State Department of Health issued and posted GIS 20 MA-03: “Clarification of GIS 19 MA/04, “Clarification of Policy for Treatment of Income Placed in Medicaid Exception Trusts” with an effective date of March 3, 2020. The GIS states:
“The purpose of this General Information System (GIS) message is to inform local departments of social services (LDSS) of a clarification to GIS 19 MA/04, » Read More
New York now has numerous confirmed cases of coronavirus (COVID-19), a highly contagious respiratory infection that has been spreading worldwide. While experts say the risk of infection is relatively low, there are some populations that may be more vulnerable, including seniors and people with pre-existing conditions. As officials work toward a solution to this threat, adults should take this opportunity to ensure that their estate plans are up-to-date and include advance directives. » Read More
Daniel Lieberman, Esq. of Korsinksy & Klein, LLP will be speaking at the “Condo & Coop Due Diligence” event on Wednesday, October 30, 2019. The event is being hosted by First Class Education at One Penn Plaza, Suite 3406, New York, NY 10119. » Read More