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New York State has approved their Pass through Entity Tax (PTET)

The New York PTE tax follows several other states in availing itself of the IRS’ guidance in Notice 2020-75, which permits the use of PTE tax regimes like New Jersey and Connecticut previously. With the new PTE tax in place, eligible entities that elect to be taxed at the entity level will now be able

By |2025-01-10T06:19:52+00:00May 5th, 2021|Categories: Business, Individuals|Tags: , , , , , , , , |

Tax Extensions – Federal, State and Local

In this period of uncertainty and chaos, we strongly believe that informed individuals take better decisions. These are some updates available as of 3/21/2020. For any additional questions, please, reach out to our office. Federal IRS extends the filing tax deadline and payment to July 15, 2020 (90 days) https://www.irs.gov/coronavirus Payment Plan IRS - There

By |2025-01-12T16:50:20+00:00March 22nd, 2020|Categories: Individuals|Tags: , , , |
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