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State & Local Taxation
Hot Topics / Insights
Application for the COVID-19 Capital Costs Tax Credit Program is Open

Berdon State and Local Tax Team 11.10.22 | Client Alert On April 28, 2022, New York State enacted the 2022-2023 Budget Bill, which included the COVID-19 Capital Costs Tax Credit […]

NYC Resident Owners of a Pass-through Entity May Benefit from the New York City Pass-Through Entity Tax

In the past year, many states adopted pass-through entity tax legislation as a workaround for the federal $10,000 state and local tax deduction cap. Currently, more than half of the […]

NYS Enacts Amendments to the NYC Pass-Through Entity Tax and NYC Business Taxes

BERDON STATE & LOCAL TAX TEAM 9.22.22 | Client Alert New York City PTET (NYC PTET) Eligible taxpayers can now elect to pay the NYC PTET for 2022. The election […]

More About CRT—Small Business Tax Credit & Voluntary Disclosure

In my previous blog, I talked about the basics of the New York City Commercial Rent Tax (CRT). In today’s article, I want to talk about two issues that were […]

Extended Due Date Reminder – 2022 New York Pass-Through Entity Tax Deadlines on September 15

BERDON STATE & LOCAL TAX TEAM 8.25.22 | Client Alert As discussed in our previous alert, eligible pass-through entities (PTEs) that missed the original March 15 New York Pass-Through Entity […]

New Yorkers: Determining State Residency Can Have Substantial Tax Consequences

If you have been reading Berdon blogs regularly, you may be familiar with the importance of state residency for state income tax purposes. Determining residency matters because a resident is […]

NYS Says A Vacation Home is Not a Permanent Place of Abode, and Refunds Could Follow

Wayne K. Berkowitz, CPA, J.D. LL.M. 7.12.22 | Client Alert A New York State Appellate Division ruling1 may present a refund opportunity for certain New York City/State residents with vacation […]

Important Pass-Through Entity Tax Deadlines

Following up on my earlier blog Pass-Through Entity Tax Election – Don’t Wait Until Next Year to Decide, here are quick reminders for upcoming deadlines for the Pass-Through Entity Tax […]

2022 PTET Election Deadline Extended – A Second Bite at The Apple

BERDON STATE & LOCAL TAX TEAM 5.19.22 | Client Alert New York Governor Hochul signed into law amendments to the previously enacted changes to the New York State Pass-Through Entity […]