Ideas & Insights

IRS postpones certain filing, payment and other deadlines for taxpayers affected by Hurricane Ida in New York and New Jersey.

New guidance and dedicated website provide instruction to taxpayers electing into the pass-through entity tax workaround.

A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.

The newly enacted optional tax may provide significant opportunity to taxpayers, and in particular, owners of financial service firms.

Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.

A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending March 31, 2021.

New York enacts legislation further decoupling New York City corporate and UBT taxes from certain CARES Act provisions.

The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.

The bills address the state's IRC conformity as it relates to new federal section 163(j) limitation rules, among other provisions.

Widespread availability of credits and economic incentives during the COVID-19 pandemic may help businesses increase cash flow.

Three states have prescriptions for opioid taxes on manufacturers and distributors. Here’s what you need to know.

Budget bill address GILTI, qualified manufacturers, sales tax nexus, personal income tax rate extensions and property tax rate caps.

New life sciences businesses can earn up to a maximum tax benefit of $1.5 million in tax credits over three years.

Sales and use tax registration and collection are required when a remote seller exceeds $300,000 of sales in over 100 transactions.

Responding to federal tax reform, New York addresses the state and local tax deduction and the new federal international tax provisions.

Commercial Rent Tax benefits include increase in tax exemption threshold amount and credit for certain lower rents and incomes.

Taxpayers and preparers may be required to provide state driver’s license information as an increasing number of states include the mandate in ...

Recently, the New York State Comptroller quietly revised the 2017 unclaimed property voluntary compliance agreement reducing the reportable period ...

New York tax tribunal determines that a taxpayer with extensive Florida connections did not change domicile for 2007 tax year.

New York advises seller that the sale of a tablet-based product that remotely accesses software is taxable as a sale of canned software.