TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

Why Estate Taxes Aren’t the Only Inheritance-Related Costs to Consider

Estate planning discussions often focus on the federal estate tax exemption, but most families face different challenges when transferring wealth. Probate fees, state-level taxes, capital gains exposure, and administrative complexity can all erode inheritances – even for estates well below the federal threshold. A comprehensive estate plan addresses these hidden costs, not just headline tax numbers.

Staying Ahead of New York’s Construction Law Changes in 2026

As the new year begins, New York State enacted several important legislative changes that will directly affect businesses operations for contractors doing business in the state. These include Senate Bill S2536A, which relates to the inclusion of certain off-site custom fabrication as public work for the purposes of payment of prevailing wage, as well as… [keep reading…]

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