Downsville, New York is a hamlet and former village within the town of Colchester in Delaware County, New York. It is the site of the Downsville Bridge, a covered bridge and the historic Union Free School. Downsville is located on the East Branch of the Delaware River. A dam on this portion of the river, at Downsville, was completed by New York City in 1954, creating the Pepacton Reservoir, which is part of the New York City water supply system. Downsville Central School, located on Maple Avenue, serves families from the surrounding areas, including municipalities as far away as East Branch. Downsville Central School's colors are purple and white and their mascot is the Eagle.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in New York

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...