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The Real Property Taxable Status of New York Limited Liability Companies There are a number of troubling issues concerning the taxable status of New York limited liability companies (“LLCs”) for purposes of Real Property Tax Law (“RPTL”) sections 420-a and 462 exemptions.  Holding title to real property in the form of an LLC is a…

Navigating Custody Battles:  Understanding Legal and Physical Custody  For most parents who find themselves in the unfortunate situation of fighting over custody of their children in court, it can be one of the most emotionally taxing experiences of their lives. On top of an already draining experience, it can be overwhelming for any non-attorney to…

Gary M. Schuster, Esq. Recognized by Community Foundation of Orange and Sullivan Counties Press Release For more information, contact: Michele Babcock, Managing Partner J&G Law, LLP 845-778-2121 FOR IMMEDIATE RELEASE The law firm J&G Law, LLP (J&G) is pleased to announce that Gary M. Schuster, Esq. a partner concentrating in business and nonprofit law, has been recognized by the Community…

Disclosures of Beneficial Owners of Domestic and Foreign Business Entities: Uncle Sam Wants To Know You! As of January 1, 2024, the United States Treasury Department, through its Financial Crimes Enforcement Network (“FinCEN”) requires all business entities such as corporations, LLC’s and LLPs to submit personal identifying information about their company owners. This collection of…

Thirteen Attorneys Selected as Top Attorneys by Hudson Valley Magazine The law firm J&G Law, LLP (J&G) is thrilled to announce that thirteen attorneys have been recognized as Top Attorneys by Hudson Valley Magazine. In its March 2024 edition, Hudson Valley Magazine published the Hudson Valley’s leading attorneys. J&G attorneys have been selected in seven…

New York Enacts Law Prohibiting Credit Card Surcharges Without Proper Disclosure  Starting on February 11, 2024, a new law take effect for New York State businesses charging an additional fee to customers paying with a credit card. As stated in the newly amended §518 of the New York General Business Law, merchants will be expressly…

August 17, 2023 is National Nonprofit Day J&G Law, LLP (J&G), is excited to announce that August 17, 2023, marks National Nonprofit Day.  This serves as a reminder of the remarkable contributions nonprofit organizations make to communities and the world. In celebration of this significant day, Gary M. Schuster, Esq., a partner at J&G concentrating…

  PRESS RELEASE:  For more information, contact: Michele Babcock, Managing Partner J&G LLP, 845-778-2121 FOR IMMEDIATE RELEASE J&G Presents Two Nonprofit 101 Live Presentations WALDEN, NY – J&G, LLP (J&G), the Hudson Valley’s premier full-service law firm, is proud to announce that Gary M. Schuster, Esq., Partner concentrating in nonprofit, business, arts, and entertainment law,…

NEW YORK HAS CREATED A NEW PROPERTY TAX CREDIT FOR HOMEOWNERS New York has created a new property tax credit for homeowners who make less than $250,000 a year and whose property tax bill exceeds 6% of their annual income.  The credit will be between $250 and $350. You must live in your New York home…

COURT CASE CONFIRMS RIGHTS OF NONPROFIT WHISTLEBLOWERS A recent New York Appellate Court decision confirmed the rights of nonprofit whistleblowers. Ferris v. Lustgarten Foundation has two features of interest to nonprofits and their employees. For nearly 10 years, Ferris was employed by the Lustgarten Foundation, a charitable organization closely affiliated with the cable television company…

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