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State Taxation

  • 2016 New York Tax Update: Highlights and Lowlights

    By:
    Timothy P. Noonan, JD
    |
    Oct 1, 2016

    This article covers recent updates and developments in the New York State and City tax areas.

  • New York State Releases Its Throwback Tax Form (and It Is Unduly Complex)

    By:
    Kevin Matz, Esq., CPA, LLM
    |
    Feb 1, 2016
    The New York State Department of Taxation and Finance has posted on its website Form IT-205-J, New York State Accumulation Distribution for Exempt Resident Trusts (Schedule J).
  • IRS, States, and Tax Industry Implement New Safeguards

    By:
    Damon Asper
    |
    Jan 1, 2016
    Protecting taxpayers against fraud is a top priority for the IRS. But recent years have proved challenging, as criminals gather increasing amounts of personal data. The IRS, however, has made real progress in the past several years.
  • Final Regulations on F Reorganizations

    By:
    Michael Schonig, CPA
    |
    Jan 1, 2016
    On Sept. 21, 2015, the Treasury Department and IRS released final regulations providing clarification on the qualification of transactions as “F Reorganizations” under IRC section 368(a)(1)(F). 
  • New York State and New York City Business Allocation: What Has Changed, and What Has Not

    By:
    Brian Gordon, CPA
    |
    Nov 1, 2015
    In the past few years, there have been vast changes to the landscape of corporate allocation in the world of state and local taxes.  
  • Newsmaker: Diana Leyden, New York City’s First Taxpayer Advocate

    By:
    Chris Gaetano, Trusted Professional Staff
    |
    Nov 1, 2015
    In July, Diana Leyden became New York City’s first-ever Taxpayer Advocate, a new office within the city’s Department of Finance from which she will help taxpayers navigate the city’s tax code, while also working to address systemic issues that impede taxpayer compliance. 
  • Deconstructing Maryland v. Wynne: A Big-Time Development in the State Tax Area

    By:
    Timothy P. Noonan, CPA and Ariele R. Doolittle, Esq.
    |
    Oct 1, 2015
    It was a big year for the U.S. Supreme Court, which issued decisions on hot-button social issues and Obamacare.  But for us tax folks, no case was of more importance than the Court’s May 2015 decision in Comptroller of the Treasury of Maryland v. Wynne, which struck down an aspect of Maryland’s personal income tax scheme related to resident credits. 

 
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.