Background on NFTs -
With the market for nonfungible tokens (NFTs) exploding, NFTs attached to art, music, video clips, tweets and other digital collectibles have sold for significant sums: An NFT of an animated flying...more
The first order of business for many state tax authorities in response to COVID-19 was deciding whether to extend their respective income tax filing and payment deadlines for the 2019 tax year, either automatically by...more
4/8/2020
/ Apportionment ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal v State Law Application ,
Filing Deadlines ,
Income Taxes ,
IRS ,
Net Operating Losses ,
Nexus ,
Remote Working ,
State of Emergency ,
State Tax Equalization Boards ,
State Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Incentives ,
Tax Relief ,
Telecommuting ,
Time Extensions ,
Withholding Requirements
On March 30, 2018, the New York Legislature passed the 2018–2019 Budget Bill (SB. 7509-C/A 9509-C) (Budget Bill), which addresses several provisions of the newly enacted Tax Cuts and Jobs Act (P.L. 115-97) (TCJA) and...more
4/10/2018
/ Carried Interest Tax Rates ,
Charitable Trusts ,
Controlled Foreign Corporations ,
Corporate Taxes ,
Federal Taxes ,
Foreign Corporations ,
Foreign Derived Intangible Income (FDII) ,
GILTI tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Local Taxes ,
Payroll Taxes ,
Proposed Legislation ,
State Budgets ,
State Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Transition Tax ,
Trust Funds