by clover_1xhypr | Jan 13, 2026 | Governance, Non-Profits, Proposed Legislation, Taxation
Tax-Exempt Organizations and Political Activity As the 2024 election nears, now is a good time for your tax-exempt organization to review the rules and regulations regarding political activity. A 501(c)(3) tax-exempt organization can engage in limited amounts of...
by clover_1xhypr | Jan 13, 2026 | Estate Planning, In the News
Announcement: Proud Member of PurseStrings! We are pleased to share that Jennifer V. Abelaj has been admitted to the membership of Purse Strings. With the motto “Be Financially Fearless,” Purse Strings focuses on giving women access to easy-to-use resources and...
by clover_1xhypr | Jan 13, 2026 | Closely-Held Businesses, Estate Planning, Special Bulletin
Federal and New York State Corporate Transparency Act; Act Now! The Corporate Transparency Act (“CTA”) is effective January 1, 2024. FinCEN now requires that all LLCs, corporations, limited partnerships, or other similar businesses file information about the company’s...
by clover_1xhypr | Jan 13, 2026 | Estate Planning, Taxation
Updated Estate and Gift Tax Values for 2024 Effective January 1, 2024, the applicable values for estate and gift tax purposes increased in accordance with inflation. Federal Lifetime Estate and Gift Tax Exemption The federal lifetime estate and gift tax exemption is...
by clover_1xhypr | Jan 13, 2026 | Closely-Held Businesses
January 2024 Bulletin: FinCEN Access to Private Information Corporate Transparency Act Authorizes Access to Government and Financial Institutions The United States Department of the Treasury along with the Financial Crimes Network (FinCEN) implemented the Corporate...