News & Analysis as of

Wealth Tax Coronavirus/COVID-19

Cozen O'Connor

Cozen Cities - October 26, 2022

Cozen O'Connor on

CHICAGO — Chicago Offering 12 Weeks of Paid Parental Leave to City Employees; New Policy Applies to Birthing, Non-Birthing Parents- In yet another pre-election sweetener, Mayor Lori Lightfoot announced that the city is...more

Cozen O'Connor

Broad Street Brief: Mayor Kenney Gives Budget Address

Cozen O'Connor on

Mayor Kenney Gives Budget Address- Today, Mayor Kenney will outline his vision for the upcoming fiscal year’s budget, which will officially kick off budget season. His proposal does not include tax increases, but it...more

Rivkin Radler LLP

New York Is Poised For Some Significant Tax Increases

Rivkin Radler LLP on

Are the rich making enough of a contribution to society? Are they bearing their fair share of taxes? Many New York legislators don’t think so. Following the elections of November 2020, the State’s Democratic party secured...more

Farrell Fritz, P.C.

New York’s Proposed “Billionaires’ Tax” – Bad Idea

Farrell Fritz, P.C. on

Will They Leave? Over the years, the Democrats in Albany have regularly made noise about increasing the rates at which New York State taxes the income of its wealthier residents. With the election of Governor Cuomo in...more

Farrell Fritz, P.C.

New York’s Post-Election Tax Environment For Business Owners

Farrell Fritz, P.C. on

Something Is Rotten- There’s a gray pall hanging over New York that has clouded the judgement of many politicians, and has left many of its residents feeling anxious and off-balance. No, it’s not the smoke from all the...more

Greenbaum, Rowe, Smith & Davis LLP

Wealth Transfer Strategies to Consider in the Age of COVID-19

The COVID-19 pandemic has disrupted our lives and shifted our priorities in an unprecedented manner.  Against this backdrop of uncertainty, though, opportunities in estate planning abound.  Basic planning documents, such as...more

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