Hot Topics / Insights
December212022
2022 NYC PTET—Portal for Estimated Tax Payments Now Open
Berdon State and Local Tax Team 12.21.22 | Client Alert The New York City Pass-Through Entity Tax (NYC PTET) estimated tax payment portal is now open. A NYC PTET electing […]
December132022
2023 Payroll Tax & How NY Employees Can Mitigate the Cost
Berdon State and Local Tax Team 12.13.22 | Client Alert The New York State Senate is considering a bill (S9082) to establish A New York Long-Term Care Fund (the “Fund”). […]
December082022
Planning With the Increased Exemption Amounts While They Last
Berdon Tax Team 12.8.22 | Client Alert Estate, Gift, and Generation-Skipping Transfer Tax Considerations The 2017 Tax Cuts and Jobs Act (TCJA) included increased estate, gift, and generation-skipping transfer (GST) […]
December062022
Estimated Tax Payments for the NYS and NYC PTET Due Soon
Berdon State and Local Tax Team 12.6.22 | Client Alert This is an important reminder for the 2022 New York State and New York City Pass-Through Entity Taxes (“PTET”) estimated […]
November102022
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 […]
October192022
2022-23 Tax Planning Guide – Claim Opportunities That Fit Your Circumstances
10.19.22 | Client Alert Tax Planning Guide Updates in Real Time This year’s Inflation Reduction Act, the still impactful Tax Cuts and Jobs Act of 2017 (TCJA), and ongoing chatter […]
September222022
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 […]
August252022
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 […]
August172022
Tax Changes in the Inflation Reduction Act
Ken H. Maeng 8.17.22 | Client Alert President Biden signed into law the Inflation Reduction Act (the Act), which is a significantly pared-down version of previous proposals. On August 12, […]