Deducting Long-Term Care Costs On Income Tax Return

Long Island estate planning lawyerLong-term care includes the ongoing medical and social services that address the needs of those living with a chronic illness, disability or lack of mental capacity, such as Alzheimer’s disease. Long-term care involves assistance with daily tasks, such as bathing, dressing or eating. It may also include assistance with daily living activities, such as house cleaning and transportation. Continue reading Deducting Long-Term Care Costs On Income Tax Return

Buying A Foreclosed Property May Lead To Eviction

New York real estate lawyerIn New York State a foreclosure is a legal action in which the mortgage holder obtains title to a property due to a borrower defaulting on a loan. Once a judgment is obtained, the foreclosed property is auctioned off. A deed, known as a “Referee Deed,” is then created, which transfers title of the real property to the highest bidder. Continue reading Buying A Foreclosed Property May Lead To Eviction

Job Applicant’s Salary History Off the Table in the Interview Process

Recently, Mayor Bill de Blasio signed a bill into law that prohibits all New York City employers from inquiring about a job applicant’s salary history. The bill, Intro 1253, is an expansion of the Mayor’s original Executive Order 21 that was signed in November 2016 and includes both private and public employers. According to Mayor de Blasio this legislation seeks to combat the discriminatory pre-hiring procedures that negatively impact women and minorities. Continue reading Job Applicant’s Salary History Off the Table in the Interview Process

New York Law to Protect Freelance Workers Goes Into Effect

Freelance Isn't Free Act business lawyerNew York City is the first city to implement a law to protect its 1.3 million freelance workers against nonpayment. The Freelance Isn’t Free Act (FIFA) mandates that employers sign a contract for freelance work that is valued at $800 or more, either for a single job or total services contracted within a 120-day period. The contracts must include the date the freelancer will receive payment; if they do not include the date of payment, businesses must compensate the freelancer within 30 days of completing the work. FIFA seeks to protect freelance workers against employer retaliation and can increase financial consequences for employers who violate the new rules. Continue reading New York Law to Protect Freelance Workers Goes Into Effect

Determining Maintenance in New York

determining maintenance in New YorkMaintenance, formerly called alimony, is financial support one spouse provides for the other during and/or after divorce proceedings. Maintenance is used to allow the supported spouse to maintain the lifestyle to which he or she is accustomed and to provide him/her with an opportunity to ‘rehabilitate’ and develop the skills or undergo the training necessary to be financially self-sufficient. Continue reading Determining Maintenance in New York

How a Government Shutdown Can Affect New York Businesses

government shutdown affects businessesIt was recently announced that, if Congress does not pass a spending bill by April 29, 2017, the federal government will run out of money and shut down. Congress has yet to present a spending bill and, without one in place, the federal government is not authorized to pay its expenses. The last government shutdown lasted 16 days in October 2013 and cost American taxpayers $2 billion for lost productivity, according to the Office of Management and Budget. When the federal government shuts down, it not only affects federal government workers, but also businesses and the U.S. economy overall. Continue reading How a Government Shutdown Can Affect New York Businesses

Will a Divorce Affect My Last Will and Testament?

New York divorce lawyerAfter an individual executes a Last Will and Testament, there may be changes in their life that could affect the way their assets are distributed under their last will and testament. One of the more common changes that may affect a Will is a divorce. A divorce can be an overwhelming experience, and often times, people do not think about the important estate planning implications that a divorce may have. Continue reading Will a Divorce Affect My Last Will and Testament?

New York City Sues Verizon in Contract Dispute

Long Island business contract lawyerNew York City’s continued wait for access to Verizon’s FiOS service has resulted in a lawsuit. Verizon promised the city in a 2008 contract to provide access to its fiber-optic FiOS service to all New York City residents by the year 2014. Three years later, Verizon has not come close to meeting the goal. The original contract was agreed upon by the parties in order to provide New York City residents more options for receiving affordable cable television service. Continue reading New York City Sues Verizon in Contract Dispute

New York Employer Guidelines for Wage Garnishment

Wage Garnishment New YorkWhen an employee does not pay off his or her debt, a creditor may turn to wage garnishment as a means of collecting the money that is owed. Under New York State law, creditors are restricted in the amount that they can garnish from an employee’s wages for repayment of debt. It is important that New York employers accurately and appropriately manage wage garnishment while remaining in compliance with the law. Continue reading New York Employer Guidelines for Wage Garnishment

Estate Planning and Your Digital Assets

As our world becomes more virtual, so do the assets we own. Therefore, when making an estate plan, it is important not to overlook the digital assets you own as well. These assets include intellectual property, social media profiles, emails, credit card points, smartphones, or online storage and hardware. Most of these are locked using a password that only you know, so planning who will be able to gain access in the future is important. Continue reading Estate Planning and Your Digital Assets

Blodnick Fazio & Associates
1325 Franklin Ave.
Suite 555
Garden City, New York 11530
Tel: (516) 280-7105
Fax: (516) 280-7102