New York issues pass-through tax guidance ahead of filing deadline
New guidance and dedicated website provide instruction to taxpayers electing into the pass-through entity tax workaround.
Resources
Resource Gallery
Search Results
New York to increase income tax rates; enact SALT workaround
Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.
IRS simplifies partnership tax capital reporting rules
In lieu of an in depth analysis, partnerships may utilize one of three ‘snapshot’ methods to comply with tax capital reporting requirements.
2020 year end tax considerations for businesses
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.