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IRS Issues Tax Inflation Adjustments for Tax Year 2022

The Internal Revenue Service recently issued Revenue Procedure 2021-45 providing calendar year 2022 inflation adjustments for more than sixty tax provisions. Two of these adjustments are of particular interest to estate...more

Federal and State Governments Extend Tax Filing, Payment Deadlines for Certain Taxpayers

Responding to the COVID-19 pandemic and the federal national emergency declaration, both the federal and New York State governments have extended tax filing and tax payment deadlines for certain taxpayers. Federal Tax...more

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