MARCH 1, 2023 DEADLINE IS APPROACHING FOR REAL PROPERTY TAX EXEMPTION Deadline approaching: If you own commercial, industrial, agricultural or other real property, you may be entitled to a full or partial real property tax exemption. The March 1, 2023 deadline for filing real property tax exemptions is quickly approaching in most jurisdictions. Exemptions are…




NEW YORK CANNABIS DISPENSARY LICENSES ARE NOW AVAILABLE The Office of Cannabis Management has opened the application process for New Yorkers interested in opening a cannabis dispensary. Initially, 150 licenses will be issued throughout New York State, 17 of which are available for locations in the Mid-Hudson region. The license authorizes the license holder to…




BUSINESS OWNERS CONSIDERING SUCCESSION MIGHT WANT TO ACT SOON Successful business owners are eventually faced with the challenge of passing on their business. There are many options, in fact, it may seem that there are too many options. The business could be sold to a competitor. It could be sold to a junior employee. It…




MEETING WITH YOUR ESTATE PLANNING ATTORNEY Congratulations, you have decided to be a responsible adult and protect your family by making a will or trust. It never ceases to shock us that more than half of the adults in the United States do not have wills. Perhaps it is because of the business we are…




485-b COMMERCIAL REAL PROPERTY TAX EXEMPTION Section 485-b of the New York Real Property Tax Law provides the basis for a 50% reduction of the increase in assessed value due to certain qualifying new construction, alterations, installations or improvements for the purpose of commercial, business or industrial activity, thus reducing real property taxes and some…



