365 Route 59, Suite 231 ~ Airmont, New York 10952
(845) 425-3900 info@haaszaltz.com

Use It Before It’s Gone

April 20, 2021 by Steve Hartnett The current estate tax exemption is $11.7 million. This is a record high. The “permanent” exclusion is $5 million and is adjusted for inflation from a 2011 base year. Then the Tax Cuts and Jobs Act temporarily doubled it. At the end of 2025, the doubling…

Rockland Resident Victim Of Grandparent Scam: Ramapo Police

Plus there’s a new twist. Tell the senior citizens of your acquaintance to beware. Lanning Taliaferro, Patch StaffPosted Mon, Apr 19, 2021 at 2:44 pm ET RAMAPO, NY — A Ramapo resident was recently the victim of the now-classic grandparent scam, police said. The con artist took a significant amount from a senior…

How an Irrevocable Trust Is Superior to Gifting

If you would like to pass on your assets during your lifetime, you may want to consider an Irrevocable Trust. While simply giving something now to someone you love sounds best, an Irrevocable Trust has proven to be a better way to preserve those assets for the future.  Trust Me…

IRS Announces That Face Masks and Related Purchases Are Tax Deductible

The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus.  If you have significant medical expenses, you may be able to deduct them from your taxes. Many types of medical expenses are…