Banking & Finance

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Didn’t File Your New York Tax Return? Confess To Avoid Penalties

By Karen Tenenbaum Tax season is always stressful and it’s worse when you owe back taxes. If you are behind in filing your tax returns and paying your taxes to New York State, the state’s Voluntary...

Don’t Lose Your Driver’s License Or Passport Due To Unpaid Taxes

By Karen Tenenbaum Few individuals realize New York State can suspend the driver’s license of a delinquent taxpayer and the IRS can take away a taxpayer’s passport. In order to avoid losing a license or passport,...

Nassau County Comptroller Audit Finds $6 Million In Lost Funds

An audit by the Nassau County Comptroller uncovered more than $6 million in lost revenues owed to Nassau County because of expired or terminated Payment in Lieu of Taxes (PILOT) agreement properties that weren’t restored...

How Much Do Your Kids Know About Money?

With consumer debt on the rise and many failing to adequately save for the future, experts say that financial illiteracy is a major problem for Americans—and one that communities and parents have a joint responsibility...

Don’t Lose Your Restaurant Because Of Unpaid Sales Taxes

By Karen Tenenbaum Every year, restaurants get shut down for nonpayment for sales or withholding taxes. Based on an analysis of media coverage, restaurant seizures seem to be more common than other types of business seizures....

Paying For College While Saving For Retirement

Saving for retirement and college simultaneously is a balancing act that many families face. However, experts say these goals don’t have to be in competition with each other. To manage both priorities, consider the following...
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