Compliance Issues New York Nonresidents Tax Compliance

New York Utilizing Electronic Data Records for Tax Audits

Taxpayers claiming residency outside of New York while maintaining ties to New York, such as an apartment, room, or other ties in New York, may be exposing themselves to a…

FBAR Miami New York Tax Compliance

FinCen Expands Geographic Targeting Orders

On July 27th, the Financial Crimes Enforcement Network (FinCEN) announced Geographic Targeting Orders (“GTO”) that will temporarily require U.S. title insurance companies to identify the natural persons behind entities used to pay…

New York Tax Compliance

Art Dealers and New York State Sales Rules

The New York Attorney General’s office announced that Larry Gagosian, a New York art dealer, agreed to pay $4.3 million in unpaid sales taxes, including interest and penalties, for art…

New York Tax Compliance

New York State Corporate Tax Return

In 2014, New York State passed legislation for a major overhaul of New York State Corporate taxation.  It’s seen as one of the largest reforms to corporate taxation in New…

New York Tax Compliance

Foreign Students and New York State Taxes

While foreign individuals attending universities in New York on a F-1 student visa may be exempt from federal income tax, they may be subject to New York State (“NYS”) taxation….

Miami New York Real Estate

U.S. to Track Secret Buyers of Luxury Real Estate

Today the Treasury Department announced that it would begin identifying and tracking buyers of high-end properties made in all-cash purchases in an effort to crack down on money laundering through…