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”). […]
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 […]
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 […]
July122022
NYS Says A Vacation Home is Not a Permanent Place of Abode, and Refunds Could Follow
Wayne K. Berkowitz 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 homes. The ruling […]
May192022
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 […]
April282022
NYS 2022-2023 Budget Covers a Broad Field: Expanded NY PTET, New NYC PTET, Extended Brownfield Credits, Middle Class Tax Cut, Small Business Relief, & More
BERDON STATE & LOCAL TAX TEAM 4.28.22 | Client Alert On April 9, 2022, New York Governor Kathy Hochul signed the State’s fiscal year 2022-2023 budget bill into law. Below […]