Topics

American Families Plan

Cash in Hand, Tax Deferral, Monetized Installment Sales: No, You Can’t Have It AllThe President’s Recent Tax Proposals: What Do They Mean for Business Owners?Tax Highlights: The American Families Plan

Business

Taxes and Corporate “Formalities” – Timing May Be EverythingThe Reanimation of The Corporate Transparency Act – Frankenstein’s Monster Has a Regular PulseThinking About Borrowing from “Your” Charity? Think Again

COVID

The President’s Recent Tax Proposals: What Do They Mean for Business Owners?

Crypto

Tax Losses Realized During the Crypto Winter

Estate

Taxes and Corporate “Formalities” – Timing May Be EverythingWith Tax Increases Lurking Just Over the Horizon, and With Large Dispositions of Wealth Underway, Now’s the Time to Identify and Correct Earlier MisstepsEstate Tax Collection: An Illustration of Payment Options, Decisions, and Consequences

Federal

Proposed Regs, Discrimination by Private Schools, and The Loss of Tax-Exempt StatusCongress’s Continuing Quest to Restrict Executive Compensation at Charitable Organizations, With a TwistWith Tax Increases Lurking Just Over the Horizon, and With Large Dispositions of Wealth Underway, Now’s the Time to Identify and Correct Earlier Missteps

Federal Budget

Qualified Small Business Stock – Be Mindful of the 'Acquisition Dates' When Applying OBBBA's Enhanced Gain Exclusion RuleCannabis Business and the QBI DeductionEstate, Gift, GST & Related Income Tax Proposals – What is the White House Doing?

Gift Tax

“Hey Mom, Can I Have A Few Bucks?” Is It A Loan? A Gift? A Little of Each?Moving to the U.S.? Have You Planned for the Estate and Gift Taxes?One Step Closer to “Building Back” – Where Do Federal Transfer Taxes Stand?

Income Tax

The Sometimes Unexpected Difficulty of Securing a Refund of Income TaxRemote Work, Economic v. Physical Nexus Where Are We Heading?When is the Receipt of “Value” Includible in Gross Income?

Investing

Will New York Increase Taxes On Investment Income?Capital vs Ordinary Loss When An Investment Goes South

LLCs

Purchasing Residential Property in NYC: Coordinating State Tax and Beneficial Ownership RulesTax Compliance: Self-Assessment, Transparency, and Enforcement

Loan

Writing Off A Loan – Simultaneous COD Income and Bad Debt Deduction? Not NecessarilyShared Appreciation Interest: Debtor-Creditor or Partners?Bona Fide Intercompany Loan – Are you Sure?

New York State

Remote Work, Economic v. Physical Nexus Where Are We Heading?Applying New York’s Convenience Rule to a Former Resident, Truly Remote Non-Resident EmployeeWhen is a Remote Employee Not Remote Enough to Escape New York Tax?

Real Estate

Purchasing Residential Property in NYC: Coordinating State Tax and Beneficial Ownership RulesTax Considerations for Individuals Targeted by New York’s Assault on Real Property OwnershipEscape from New York – It’s Not That Easy

State Tax Issues

When is a Remote Employee Not Remote Enough to Escape New York Tax?The “Mandated” New York S Corporation Election – Does Investment Income Include Gain from the Sale of Goodwill?Escape from New York – It’s Not That Easy

Tax Exempt Organizations

Proposed Regs, Discrimination by Private Schools, and The Loss of Tax-Exempt StatusCongress’s Continuing Quest to Restrict Executive Compensation at Charitable Organizations, With a TwistOBBBA and the Self-Imposed Tax Known as Charitable Giving

Uncategorized

Does the Pied-a-Terre Tax Apply to Real Property Owned by a Statutory Resident of NYC?Identifying “Limited Partners” for the Exclusion from Self-Employment Tax – The Fifth Circuit Changes its Mind...Sort ofStanding at 21