LMC - Resources

May 4, 2022 | News

Tax Changes in New York State’s 2022-23 Budget

On April 9th, 2022, New York Governor Kathy Hochul signed the state’s Fiscal Year 2022-23 budget bill. Among the various tax provisions in this historic bill, there are two noteworthy changes to…

May 4, 2022 | News

Biden Issues Executive Order on Cryptocurrencies

President Biden signed an executive order on March 9, 2022, titled “Ensuring Responsible Development of Digital Assets.” The document details the U.S. government’s strategy regarding digital assets, including cryptocurrencies, central bank digital…

May 4, 2022 | News

The IRS and Facial Recognition

The IRS, which was dealing with a lot of controversy over its decision to use facial recognition software, has reversed course, and in February 2022, announced it would allow taxpayers to use…

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