Business Tax Archives

New York Governor Kathy Hochul recently passed several pieces of legislation in connection with the New York 2023 fiscal year…

On February 16th, 2022, the IRS updated its FAQs relating to Schedules K-2 and K-3. The objective of this update…

Robert EwanisFebruary 17, 2022

The Urban Enterprise Zone (UEZ) Reform Bill was signed into law recently after a re-evaluation requested by the New Jersey…

The Infrastructure Investment and Jobs Act, signed into law in November 2021, retroactively removed the employee retention credit (“ERC”) for…

In 1959, the federal government enacted P.L. 86-272, which protects an out-of-state company from a state’s net income tax if…

As part of the ongoing discussions regarding proposed tax law changes, the recent proposal regarding the exclusion for the sale…

Lauren LandolfiSeptember 15, 2021

The Internal Revenue Service (IRS) has recently issued Notice 2021-49 which provides some answers to questions that have been raised…

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021 (“the Act”) into law. In addition…

On March 1, the IRS issued Notice 2021-20 which provides guidance on how to treat wages that may be eligible…

The Taxpayer Certainty and Disaster Tax Relief Act of 2020 (“TCDTRA”) that was passed on December 27, 2020 contains several…