Skyline photo of Manhattan, NY
Cyclists ride along the pedestrian path of the Brooklyn Bridge in New York City on a clear day. The bridge’s iconic stone towers and suspension cables frame the scene, while the Manhattan Bridge and East River are visible to the left. City buildings rise in the background, and several pedestrians walk in the distance.
everyday people crossing at intersection in NYC
Street scene in New York City’s Little Italy, with a man on a bicycle in the foreground riding through an intersection. Pedestrians cross the street near outdoor tables at Caffe Napoli, which is decorated with holiday lights and greenery. Nearby, the restaurant Puglia and a row of historic buildings with fire escapes line the background under a pale sky.
NY Skyline at dusk
December 27, 2017

Legal News

LEGAL UPDATE
December 27, 2017

January 2018 Newsletter

Dear valued clients and supporters: Governor Cuomo has signed an emergency Executive Order that will allow New Yorkers to pre-pay next year’s property taxes this year, before the new tax law takes effect.

This is an opportunity for those with liquidity and expect to pay more than $10,000 towards state and local income, sales and property taxes in 2018 to consider, however, time is of the essence as payments have to be made by December 31. The order authorizes localities to issue warrants for the collection of early property tax payments and to accept partial payment — allowing New Yorkers to pay a portion or all of their 2018 property taxes before the end of the year to keep the deductibility. (https://www.governor.ny.gov/news/governor-cuomo-takes-emergency-executive-action-deliver-property-tax-deductibility-new-yorkers). The Governor's office advises contacting the tax collector for your county for additional information.

Over the coming months, as more clearer details emerge regarding the new tax code, we will provide periodic updates that may impact you personally, professionally and your business.

We wish all of our clients and supporters the best in the coming new year and thank you for your continued trust in our counsel. Happy holiday!

Readers are encouraged to follow us on Twitter (@OutsideLegalLLP) and Facebook to receive updates on these and other issues throughout the month.

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Disclaimer: Nothing on this website is or should be construed as legal advice. An attorney-client relationship does not exist with our firm unless a signed retainer agreement is executed, and we do not offer legal advice through this site or any of the content located on it. For legal advice for your particular circumstances, please contact us directly.