News & Insights: jennifer prendamano
16 Tips for Sales and Use Tax Audits
By Jennifer Prendamano | January 24, 2022
Sales and use taxes are a significant revenue source for state budgets. In the wake of COVID-19, states are looking for ways to increase revenues and one approach is to boost the number of sales and use tax audits. Unfortunately for taxpayers, sales and use taxes can present significant exposure.
Remote Workers May Owe New York Income Tax, Even If They Haven’t Set Foot in the State
By Jennifer Prendamano | James (Jay) M. Brower, Jr. | October 1, 2021
Taxpayers who work for a New York-based company may be surprised to find they still owe New York State income taxes even after a successful domicile change.
Updated Guidance: The Pass-through Entity Tax in New York State: Overview and FAQ
By James (Jay) M. Brower, Jr. | Jennifer Prendamano | August 26, 2021
On Wednesday, August 25, 2021, the New York Department of Taxation and Finance issued its first round of guidance on the new Pass-Through Entity Tax. Read our updated guide and find answers to frequently asked questions for the latest on the PTE tax.
New York City Commercial Rent Tax – Don’t Be Caught Unaware
By Jennifer Prendamano | August 20, 2021
Commercial tenants in Manhattan may not know that they are subject to New York City’s Commercial Rent Tax (“CRT”) law. But they should inform themselves – and examine their lease agreements – or risk being hit with unexpected penalties.
Qualifying for Home Office Deduction in Current Times
By Jennifer Prendamano | Laura E. LaForgia | July 28, 2021
State Residency and Tax Issues During COVID-19
By Jennifer Prendamano | November 12, 2020
Due to COVID-19, many individuals have decided to, at least temporarily, move out of more populated areas to take up residence in vacation homes or other dwellings that are located in other states. This has the potential to cause a dual residency issue for these individuals as both the state they left and the state they moved to may consider them residents for income tax purposes.