This tax pocket guide is an essential resource that will help you evaluate and estimate your 2025 tax obligations. It is your first step so that we can help you create a strategy to minimize taxes for the coming year, as well as develop a long-term tax strategy to benefit your retirement plan, family, and heirs.
Stay Tuned – The 2026 Tax Pocket Guide will be released in early 2026!
Select the expand arrows icon in the bottom right of the PDF preview to view full screen.
The goal of minimizing tax liability likely drives a desire to discover new advantages in the tax law. If this sounds familiar to you, when planning for the upcoming tax year, a great place to start is with the basics. We can help.
As you navigate our complicated tax code, you need a partner and important information in order to make the appropriate adjustments. Our 2025 Tax Pocket Guide, which provides valuable updates and information including a chart of the most common tax rates for individuals and businesses, is a concise snapshot that provides the basics to help you start the tax planning process.
For many New Yorkers, estate tax planning has felt like something that could wait. Under current law, that reaction is understandable. New York’s basic exclusion amount for 2026 is $7.35 million, which means many families and business owners still feel comfortably outside the state estate tax conversation. That is why the recent proposal linked to…
Estate of Galli v. Comm’r, T.C., No. 7003‑20 and 7005‑20 involves an intra‑family loan that the Court determined was a valid, interest‑bearing obligation rather than a disguised gift, recognizing that a note issued at the Applicable Federal Rate (AFR) with proper documentation and timely interest payments can be respected as a bona fide loan while…
A recent federal court decision may reopen the door to refunds of COVID-era tax interest and penalties that many taxpayers assumed were lost for good. In Kwong v. United States, No. 23 267 (Fed. Cl. Nov. 25, 2025), the U.S. Court of Federal Claims held that the COVID-19 disaster declaration triggered a mandatory suspension of…
