• Identify and comprehend key recent New York tax legislation

• Address and monitor key proposed New York tax legislation and Tax Department policy shifts

• Be aware of income tax extensions and their expiration

• Understand recurring New York residency issues and key areas of focus in the Tax Department’s audit program

• Identify possible state tax traps for New Yorkers temporarily residing in other states during the Covid-19 crisis

• Navigating PPP forgiveness process.

• Identifying state tax issues arising from telecommuting employees

• Understanding state and federal guidance and proposals to address state tax problems arising from telecommuters during COVID

• Understand New York State corporate tax reform

• Understand eligibility for specialized industry rates and credits

• Identify key issues facing New York State businesses moving physical locations out from New York State

• Identify potential sourcing treatment for the sale of business assets such as intangibles such as goodwill.

• Understand the nuances of New York State and City business tax decoupling legislation.

• Comprehensive understanding of the applicable economic nexus provisions in force in each state

•  Learn the data and information the NYS Tax Department is reviewing to find audit targets so as to better help your clients avoid mistakes that place them on the state’s radar

• High-points of the Governor’s 2020 – 2021 budget bill (what passed and what didn’t)

• Key proposed New York tax legislation, and planning for possible upcoming changes

• New York residency update & hot topics

• New Yorkers in other states: Residency issues to consider

• Discussion of recent PPP developments regarding eligibility, forgiveness, audits and other issues.

• Overview of state tax issues related to telecommuting in the COVID era

• Challenges for employers and employees arising from telecommuting employees

• State and federal responses to state tax issues for telecommuters

• Corporate Tax Reform Draft Regulations

• Qualified Rates and Credits

• Apportionment issues related to the sale of a business 

• New York State and City Decoupling Legislation

• Recent Cases and Legislative Developments