If you have been reading Berdon blogs for any time now, you are probably familiar with use tax, the other side of sales tax. Use tax is imposed on the […]
Leading up to March 15, I spent a lot of time advising clients in connection with the pass-through entity tax (PTET) election for the 2021 tax year—whether and how to […]
State governments offer tax credits and incentives to attract new businesses and retain business operations within their jurisdictions. States sometimes create their own versions of federal credits (e.g., Research and […]
Looking back on 2021, I would say the most noteworthy development of the year in state and local tax was the pass-through entity tax (“PTET”). The Tax Cuts and Jobs […]
As a state and local tax professional, I often advise clients on their state tax filing requirements from a prospective perspective (i.e., analyzing the state tax implications of potential business […]
If you receive income from a pass-through entity (PTE) such as a partnership, an S Corporation, or a multi-member limited liability company, you could potentially lower your federal personal income […]
You are planning to open a business location in Manhattan. You find a great space in the heart of Manhattan and quickly sign the lease agreement. By doing so, you […]
Due to the COVID-19 pandemic and the stay-at-home orders that followed, many employees telecommuted for substantial portions of 2020, and worked from places different from their regular work locations. When […]
Now may seem like the perfect time to head to the open waters and experience the feeling of fresh air on your face and wind in your hair. But before you […]