New York ‘Works Around’ Tax Cuts and Jobs Act of 2017

On the surface, high tax states such as New York seem to be hardest hit by a new limitation on the State and Local Tax (SALT) deduction. For previous tax years, taxpayers had the ability to write off all of their SALT payments against their ordinary income. This deduction has now been limited to $10,000 …

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Client Corner: Swezey Fuel

Swezey Fuel is the largest family owned full-service fuel oil company in Suffolk County. Founded by Nat Swezey in 1918, the company sold feed for horses before purchasing Dayton Hedges Coal and Feed Co. in 1921. This year, Swezey Fuel celebrates its 100th anniversary as a family-owned business. They kicked off the celebration with a customer …

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Client Corner: Seacoast Enterprises Associates, Inc. (S.E.A.)

S.E.A. was established in the 1970s by Richard “Dick” Mendelman and his business partner Leland “Buck” Burnett. Today, the company operates four marinas and two full-service boatyards in Three Mile Harbor, East Hampton, NY. The marina enterprises also include a waterside restaurant and services that range from watercraft rentals, gas and diesel fueling, boat and …

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Learn how a business valuation can determine the market value of your business.

As a business owner, why would you want or need a business valuation report prepared by a certified business appraiser? By preparing a report, the appraiser is giving you a professional opinion as to what a willing buyer, with all relevant facts, would consider the value of the business. The true market value will only …

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