LMC - Resources

December 8, 2022 | News

NYC Pass-Through Entity Tax Application Now Open

By David Neuman, JD The New York City Pass-Through Entity Tax (“NYC PTET”) online application is now available, allowing individuals eligible to opt in to the NYC PTET on behalf of an eligible…

December 8, 2022 | News

IRS raises interest rates for Q1 2023

There are occasions when taxes are paid late and the IRS computes and interest amount on the late payment. We are often asked how the IRS computes interest. As reported by…

November 4, 2022 | News

Student Loan Forgiveness Update

By David Neuman, JD Last week, President Biden announced that the application process for the new, one-time, student loan forgiveness initiative is fully live and active. Over 12 million borrowers have…

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