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State & Local Taxation

Hot Topics / Insights
January222021
Market-Based Sourcing vs. Cost of Performance for Apportioning Receipts from Services

By Richard Goldstein, J.D. 1.22.21 | Client Alert Market-based sourcing is now a ubiquitous method for state income tax apportionment of receipts earned from the performance of services. In many […]

December222020
Having a Pied-À-Terre in New York City May Result in Higher Real Property Taxes

Wayne Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D. 12.22.20 | Client Alert Identical bills are currently in committee in the NYS Assembly and Senate (S. 44, A.B. 4540). These […]

December102020
Inbound USA – Knowing the Tax and Legal Requirement and Avoiding the Unexpected

12.10.20 | Webinar For non-U.S. businesses and investors, the allure of establishing or expanding a U.S. presence remains strong even amid the global discord of 2020. Any successful venture into […]

November182020
DC Eliminates the Terminating Business Gain Exclusion for the UBT Effective January 1, 2021

Sarah Kim, J.D., LL.M. and Ken Maeng, J.D. 11.18.20 | Client Alert The District of Columbia Budget Support Emergency Act of 2020 (the “Act”) eliminates the Terminating Business Gain Exclusion […]

October072020
New Jersey Enacts Millionaires Tax – Immediate Action Required

Sarah Kim, J.D., LL.M. and Ken Maeng, J.D. 10.7.20 | Client Alert New Jersey Governor Phil Murphy recently signed the fiscal 2021 budget which includes a so-called “millionaires tax.” The […]

September032020
New York City Interest Rate Reduction for Late Payment of Real Property Taxes

Richard Goldstein, J.D. 9.3.20 | Client Alert – COVID-19 Update New York City recently enacted legislation (Local Law 62 and Local Law 63) which reduces the late payment interest rate […]

July302020
NYC Unincorporated Business Tax – Impact of Telecommuting on Allocation of Income from Taxable Services

Richard Goldstein, J.D. 7.30.20 | Client Alert – COVID-19 Update Due to the COVID-19 pandemic, the allocation of income from taxable services, and the associated NYC Unincorporated Business Tax (UBT) […]

June262020
NYC Council Approves Bill to Reduce Interest Rate for Late Payments of Certain Property Tax Payments Due July 1, 2020

Wayne Berkowitz, CPA, J.D., LL.M. and Richard Goldstein, J.D. 6.26.20 | Client Alert – COVID-19 Update On June 25, 2020, the New York City (NYC) Council approved a bill to reduce […]

June222020
COVID-19 State & Local Tax Impact on Individuals and Businesses

6.22.20 | Webinar COVID-19 State & Local Tax Impact on Businesses:   State and Local Tax Nexus and Income Apportionment Issues in the Age of the Pandemic The COVID-19 pandemic […]