Blog

Discussing the Lender Attorneys’ Role with Chris Delisle, Esq.

One thing that all real estate loans have in common, regardless of the type of property or size of the loan, is that the lender will be represented by an attorney.  Knowing what the lender’s attorney does, the limits of their responsibility to the borrower and how best to coordinate with them will go a long way towards ensuring a smooth loan closing.   This month Long Island real estate attorney Joseph Beige is joined by Christopher Delisle, Esq. of Puleo Delisle, PLLC to discuss the lender’s attorney role and tips for making your next loan closing an enjoyable one.

Discussing the role of the Lender's Attorney

 

IRS Warns of Increase in Text Scams

The Internal Revenue Service announced today that the agency is seeing a tremendous increase in text message-based scams aimed at taxpayers.  IRS Commissioner Chuck Rettig referred to this increase as “phishing on an industrial scale” and warned that thousands of taxpayers may be at risk of receiving these scam messages.

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Discussing Security Systems with All Action Alarm Company

Perhaps no industry related to home or business ownership has undergone as much of a dramatic change in recent years than that of the security industry.  Gone are the days of a simple burglar alarm comprised of a few sensors and a ringing bell.  Today’s modern home security system is tech heavy, efficient and encompasses options well beyond theft prevention.  Watch as Long Island Real Estate attorney Joseph Beige discusses modern security systems with Craig Mele of All Action Alarm Company.

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IRS Announces Penalty Relief

The Internal Revenue Service announced that taxpayers affected by COVID-19 will receive relief from penalties for late filing of 2019 and 2020 tax returns.  The relief from late filing penalties is expected to apply to most individuals and businesses who filed late returns.

The IRS isn’t forgetting about those who have already been assessed a penalty and paid it either.

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Superstorm Sandy Tax Exemption

NYS has recently enacted legislation that extends the deadline to apply for a tax exemption for renovations or reconstruction of residential properties effected by Superstorm Sandy.

The deadline was extended by two years to March 1, 20024.

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Are More IRS Audit On The Way?

The Internal Revenue Service recently announced that it is in the process of hiring 470 new Revenue Agents.

These newly hired Revenue Agents will specialize in performing individual and business tax return audits and will be assigned to the agency’s Small Business Self Employed (SB/SE) division.  Here the Revenue Agents will use their knowledge of accounting and tax law to tax to audit returns, determine liability for both individual and business taxpayers including small corporations, partnerships, and fiduciaries. The Revenue Agents will also be responsible for identifying potential fraud, tax schemes and abusive tax shelters.

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Discussing Water Heaters with Scott Kolin of Waterheaters.com

Water heaters…possibly the most forgotten and ignored systems in our homes and businesses. That is until something goes wrong or a potential buyer raises questions about it.  Scott Kolin of Waterheaters.com joins Long Island real estate attorney Joseph Beige to shed some light on this often ignored but vital sub-system.

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Discussing Reverse Mortgages with Ralph Taylor of UNMB Home Loans

Reverse mortgages. One of the most misunderstood and maligned financial tools available to homeowners. Yet for those who know the facts about reverse mortgages they are one of the most consumer friendly and flexible financial tools available to homeowners. In this podcast Long Island Attorney Joseph Beige discusses Reverse Mortgages with Ralph Taylor of UNMB Home Loans and addresses the facts and dispels the myths of Reverse Mortgages

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The IRS is Hiring!

The IRS is looking to increase its’ workforce in 2022 and has announced that it is looking to hire over 4,000 new contact representatives!

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IRS Interest Rates Increased

The Internal Revenue Service recently announced the increase in interest rates for the coming third quarter or 2022 which begins on July 1, 2022.

Whether you owe taxes or made an overpayment will determine if this is welcome news or not.

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