In case you missed it, watch as Sax’s in-house experts provide valuable information regarding international and state and local tax, including: Residency – How is residency is determined for individuals…
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In case you missed it, watch part one of our Estate Planning webinar series that will tackle the issue of grantor trusts and the burdensome income tax. Listen in as…
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On July 14, 2022, California released Legal Ruling 2022-02 that now recharacterizes the gain resulting from the sale of partnership interest as ordinary income and therefore taxable by the state.…
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Published in conjunction with S2 Technology Solutions and Sax’s State and Local Tax (SALT) Practice To state the obvious, the business world has undergone a substantial change relating to reliance…
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The deadline to make the revised New York State (“NYS”) pass-through entity tax (“PTET”) election and remit estimated tax due is quickly approaching. Generally, the due date for the election…
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In today’s financial landscape, uncertainty is at the forefront of most people’s minds. This is ever so true when it comes to guidance related to convertible virtual currency. Generally, technical…
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The IRS is providing tax year 2021 Schedules K-2 and K-3 filing relief for certain domestic partnerships and S corporations. If a partnership or S corporation qualifies for this exception,…
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At Sax, we strive to assist our clients in ways that position them for long-term success. As we begin the 2022 tax season, there are important need-to-knows and helpful information…
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The Infrastructure Investment and Jobs Act (Infrastructure Act) ends the Employee Retention Credit (ERC) for wages paid after September 30, 2021 for many employers. Recovery startup businesses, however, may continue…
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Employers who took advantage of the CARES Act employer payroll tax deferral in 2020 are reminded that 50% of the deferred taxes must be paid no later than December 31,…
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