RE: Peconic Bay Preservation Fund Tax Update – (Supplements notice dated 12/29/22) After discussions with the towns and state, the Suffolk County Clerk has decided to push back the implementation of all changes made to the Peconic Bay Community Preservation Fund until April 1, 2023. The new allowances and increased tax rate will take effect […]

RE: Peconic Bay Preservation Fund Tax Effective 1/1/23 and 4/1/23 there will be changes to the the New York State Tax Law regarding the Peconic Bay Preservation Fund Tax. These changes will include an exemption cap effective 1/1/23 and a tax rate increase effective 4/1/23. The effective dates apply to the date of conveyance only. […]

Remote Notarization Approved in NY Effective February 25, 2022, remote notarization is authorized in the State of New York pursuant to section 135-c of the executive law. “Remote notarization” is a form of notarization where the notary officiates the document remotely through audio-visual technology and other security protocols. Remote notarization can be performed by a […]

New York State Tax Law Section 1404(a) has been amended effective as of July 1, 2021. This amendment applies to transactions dated on or after July 1, 2021 with the exception of conveyances made pursuant to binding written contracts entered into on or before April 1, 2021, provided that the date of execution of such contract […]