BLOG FOR JOHN SWEENEY - ELDER, WILLS, ESTATES, TRUSTS, SPECIAL NEEDS, BUSINESS, & TAX LAWYER IN CT AND NY

You can move to Connecticut or New York while on Medicaid but it will not be easy. You will have to move to Connecticut or New York and then reapply for Medicaid. Since each state evaluates its applicants independently from […]

You’re Probably Going to Need Medicaid, New York Times 6-13-17 “Roughly one in three people now turning 65 will require nursing home care at some point during his or her life. Over three-quarters of long-stay nursing home residents will eventually be […]

Medicaid has updated the SSI and Spousal Impoverishment Standards for 2017. These updates are effective 7-1-17. The new Minimum Monthly Needs Allowance increases to $2,030 and the Community Spouse Monthly Housing Allowance increases to $609 in Connecticut and New York and […]

In today’s agile and gig economy, more people are working as independent contractors.  How does the IRS determine whether a person is an employee or independent contractor? They use a six factor test.  The factors, “should not be applied in […]

The New York Times details how Warren Buffett believes it is Health Care, not Taxes, that is hurting US competitiveness which should be a concern to businesses in New York and Connecticut. “If you go back to 1960 or thereabouts, corporate taxes were about […]

The Organization Justice in Aging Summarized the effect on seniors of the American Health Care Act (AHCA) which passed the House recently. “Last week, the American Health Care Act (AHCA) passed the House by a vote of 217 to 213. The […]

The IRS is going to start using private debt collectors to pursue overdue taxes. This is probably not a good development.  The collection efforts have a tendency to t disproportionately impact low-income, senior, and vulnerable taxpayers, The private collectors can […]

The Connecticut law governing LLC’s has had a major revision and it is effective July 1, 2017. This is the first revision of the Connecticut Limited Liability Company Act since its passage in 1993. The new law is called the Connecticut Uniform […]

The IRS recently posted the 2017 mileage rates. These are the rates at which the IRS permits a deduction if you drive for business, medical, and charity.  They are also used by many employers as the reimbursement rate for mileage you drive […]

Everyone needs a Power of Attorney and it is one of the core documents executed in addition to a Will. Essentially, it gives someone the power to take care of your stuff if you can’t. Of course, we all see […]