Attention FAE Customers:
Please be aware that NASBA credits are awarded based on whether the events are webcast or in-person, as well as on the number of CPE credits.
Please check the event registration page to see if NASBA credits are being awarded for the programs you select.

State Taxation

  • A Test of New York State’s Infamous Convenience Rule

    By:
    Brian Gordon, CPA
    |
    Nov 1, 2024

    The case of Scott and Elizabeth Bryant was heard in the Division of Tax Appeals by Administrative Law Judge Alexander Chu-Fong. The determination was dated Sept. 12, 2024, DTA number 830818.

    This case addresses New York State’s convenience rule for telecommuting employees during the COVID-19 pandemic. This can also apply to other forced office closures.

  • Does a Transfer on Death Deed Live up to the Hype?

    By:
    Anthony J. Enea, Esq.
    |
    Nov 1, 2024

    Effective July 19, 2024, the Heirs Property Protection and Deed Theft Prevention Act of 2024 became law in New York. With the enactment of a new Section 424 of the Real Property Law (RPL), a Transfer on Death Deed (TODD) was authorized. One of the stated objectives of a TODD is to avoid probate for real property without having to use a costlier living trust. This purportedly simplifies and reduces the expense of conveying real property for persons of modest means and lower income.

  • Long Term Care and Asset Protection Planning

    By:
    Brian Miller, JD, CELA
    |
    Oct 1, 2024

    It is estimated that 70% of adults aged 65 years and older will require long-term care at some point in their lives. Long-term care includes a variety of services designed to meet an individual’s health or personal care needs, allowing them to live as independently and safely as possible when they can no longer perform daily activities on their own.

  • Multi-Entity Structures in the Not-for-Profit Context

    By:
    Peter Egan, Esq. and Anita Pelletier, Esq.1
    |
    May 1, 2024
    The formation of affiliate organizations in the not-for-profit world is a consideration that surfaces during the lifetime of many not-for-profit organizations as a strategy to expand operations, address tax implications of unrelated business income, shield itself from liability and expand on overall capacity to deliver more on an organization's charitable mission. 
  • Taxation of the Mobile Workforce – An Employer’s Perspective

    By:
    Mark S. Klein and Brandon J. Bourg
    |
    Mar 1, 2024
    It’s 2024. No longer is working from home merely a fad brought on by the pandemic (unlike baking sourdough or watching Tiger King). Studies suggest that nearly 30% of employees have adopted some type of hybrid work arrangement or combination of in-office working with the flexibility to work from home. Remote work is becoming increasingly popular, and by all indications is here to stay.                                                                                                                

  • The Inflation Reduction Act: Clean Energy Tax Credits and Deductions

    By:
    Don L. Warrant, CPA
    |
    Mar 1, 2024

    The Inflation Reduction Act of 2022 marks a pivotal moment in the realm of clean energy investments, offering tax incentives for businesses and individuals to employ sustainable practices. The Act serves to incentivize taxpayers to invest in clean, renewable energy property by providing incentives in the form of tax credits and deductions. Certain incentives provided by the Act are discussed below. 

  • 2023 New York Tax Update – Year in Review

    By:
    Daniel Kelly
    |
    Feb 1, 2024

    2023 was another busy year for New York taxes.  Highlights included: a Budget with new appeal rights for the Tax Department, enhanced disaster relief, and important—but narrow—tax increases; final and adopted regulations, tracking updates and various changes brought about by New York’s 2014 corporate tax reform; continued pressure on the allocation of wage income from remote work and a recent nonresident wage allocation decision; new tools on the New York Tax Department’s website for taxpayers and tax practitioners; and numerous other updates.

 
Views expressed in articles published in Tax Stringer are the authors' only and are not to be attributed to the publication, its editors, the NYSSCPA or FAE, or their directors, officers, or employees, unless expressly so stated. Articles contain information believed by the authors to be accurate, but the publisher, editors and authors are not engaged in redering legal, accounting or other professional services. If specific professional advice or assistance is required, the services of a competent professional should be sought.