NY Cooperative Application Fees are not Limited by New Law
New York State has clarified that the Housing Stability and Tenant Protection Act does not restrict Cooperative boards from charging...
Association Document Handling – Avoids Court Sanctions but Leaves Serious Concerns
The cooperative at 118 East 60th Street in Manhattan got lucky. Its books and records including alteration records were maintained...
New Law – 6 Year Statute of Limitations Applies to Martin Act Claims by the NY Attorney General against Developers
The New York Court of Appeals' decision that a shorter 3 year statute of limitations applies to New York Attorney...
Using Personal Email Accounts for Business is Problematic
A business entity's business records can be discoverable in lawsuits. When employees or board members of a business entity are...
Attorney-Client Privilege is essential for Tax Audits
Over the last few months, the IRS and prosecutors have been ramping up efforts to go after tax violators. In...
NY Tax Preparer Arrested for Preparing False Returns
Eversley Barrett owns a tax preparation business, Eversley Tax, in New Windsor, New York where he prepared over 700 tax...
Tax Preparer Faces 36 years in Prison for False Client Tax Returns
Ana Nunez, of Naugatuck, also known as Ana Pagoaga has been indicted by a federal grand jury with 12 counts...
Tax Crimes usually start with a Simple Audit Notice
On March 22nd, a landscaper from Guilford Connecticut, Louis Pocograno, pled guilty to tax evasion and will be sentenced on...
Manhattan Appeal Court’s Decision has some Silver Lining for Title Insurers
The Manhattan Appeal Court's just issued a decision that Title Insurers will not be happy about. What is understandably being...