The Appellate Division of the New York State Supreme Court confirmed a contractor’s purchase of concrete was not exempt from the New York State sales and use tax. M & Y Developers, Inc....
Continue ReadingThe Appellate Division of the New York State Supreme Court confirmed a contractor’s purchase of concrete was not exempt from the New York State sales and use tax. M & Y Developers, Inc....
Continue ReadingYet another unpleasant side effect of the COVID-19 pandemic and the ongoing battle with its variants is the potential state income/franchise, sales, and payroll tax consequences related to...
Continue ReadingSALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York Effective for tax years beginning on or after January 1, 2021, The New York State pass-through entity tax (PTET)...
Continue ReadingUnder a new provision that was recently added to the New York State Tax Law, a marketplace seller is relieved from liability for the collection of New York State sales tax when it receives...
Continue Reading“If you ask one question, it will lead you to another, and another, and another. It's like peeling an onion.” ― Lemony Snicket, The End In efforts to increase revenue and to tax...
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