by Jennifer Abelaj | Aug 7, 2026 | Closely-Held Businesses, Estate Planning, Taxation, Trusts
New York City has implemented a new Non-Primary Residence Surcharge, commonly known as the “pied-à-terre tax,” on certain high-value residences that are not used as a qualifying primary residence. If you own a condominium, cooperative apartment, townhouse,...
by Jennifer Abelaj | Jan 20, 2026 | Non-Profits, Taxation
Does Your Organization Meet The Criteria For An Educational 501(c)(3)? Section 501(c)(3) is a part of the United States Internal Revenue Code that allows nonprofit organizations to apply for tax exemption if they meet certain requirements. The organization must meet...
by Jennifer Abelaj | Jan 20, 2026 | Estate Planning, Taxation, Trusts, Wills
Inherited Property: What is Step Up in Basis? Discussion with Cherie Williams, CPA of The Little CPA Jennifer collaborated with Cherie Williams, CPA, founder of The Little CPA, on the topic of inheriting assets. Cherie created The Little CPA to empower purpose-driven...
by Jennifer Abelaj | Jan 20, 2026 | Closely-Held Businesses, Estate Planning, Taxation, Wills
Creating A Business Succession Plan Starting and building a business is a work of a lifetime that requires making unsaid compromises and facing unknown hardships. Yet, when it comes to planning a future for their businesses, most business owners do not have a legal...
by Jennifer Abelaj | Jan 20, 2026 | Closely-Held Businesses, Estate Planning, Taxation, Trusts, Wills
Valuation Of Hard To Value Assets It is difficult to determine the value of hard to value assets, hence their name. Hard to value assets, also referred to as HTVAs, can make appraisals in estate planning and business valuation more complicated and time-consuming....
by Jennifer Abelaj | Jan 20, 2026 | Non-Profits, Taxation
The IRS Now Mandates Electronic Filing For All Non-Profits Even though the Internal Revenue Service (IRS) has long accepted electronic tax filings, tax-exempt organizations have been able to rely exclusively on paper returns and filings until recently. The IRS now...
