Purchase, New York is a hamlet of the town of Harrison, in Westchester County. Its ZIP code is 10577. Its name is thought to be the result of land bought by the British from Native Americans living in the area. The land was put on a map as "Purchase". The name was never changed. Purchase is also home to a number of corporate headquarters including PepsiCo, Inc, MasterCard Worldwide and Atlas Air Inc.. Morgan Stanley has a large office in Purchase which serves as the headquarters for its commodities trading and wealth management businesses, as well as a backup site for the firm's Manhattan employees. The State University of New York at Purchase is located in the hamlet. The Donald M. Kendall Sculpture Gardens at the PepsiCo headquarters and the Neuberger Museum of Art at SUNY-Purchase are two significant art collections found in the community. The Westchester County Airport is located in Purchase. As is the case with much of Westchester, Purchase is home to much valuable real estate. This, as well as its quiet setting, has attracted many new residents in recent years. Many of Purchase's older streets have golf themes .

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...