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State & Local Taxation

Hot Topics / Insights
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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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) […]

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 […]

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 […]