| Home S.A.L.T. Blog Contact Us | April 2015 |
|
Brian Gordon, CPA, is the Director of State and Local Taxes at Sanders Thaler Viola & Katz LLP. Previously, Brian was with NYS Department of Taxation and Finance as the District Audit Manager in Manhattan and Brooklyn. He is a member of the NYSSCPA New York, Multistate & Local Taxation Committee and writes and speaks on various tax issues. He can be reached at 516-704-7130 or 516-510-6041, and email: bgordon@st-cpas.com.  |
|
| Manage Subscription: | |
| • | Subscribe |
| • | Forward to a Friend |
| • | Unsubscribe |
News and EventsChanges to MCTMT filing requirements 2015 By Brian Gordon New York State issued a technical memorandum TSB-M-14(1)MCTMT to explain the changes to MCTMT filing requirements. Article 23 of the Tax Law imposes the MCTMT on certain employers and self-employed individuals engaging in business within the Metropolitan Commuter Transportation District (MCTD). Click here to read more.New York State Minimum Wage Increase for Tip Earners By Brian Gordon Effective December 31, 2015 the minimum wage will be increased for all tip earning employees in the hospitality industry in New York State to $7.50. Currently, tipped employees fall into three categories: food service workers, service employees and service employees in resort hotels. Click here to read more.NOL Deduction not required to be used when Tax is on Capital – NYS Corporation Tax By Brian Gordon In a recent case before an administrative law judge (ALJ), a taxpayer, TD Holdings II, Inc. (TD Holdings), protested an assessment of franchise tax on banking corporations under Article 32 of the Tax Law for the fiscal year ended October 31, 2007 involving a Net Operating Loss (NOL) deduction. Click here to read more.New York State Tax Department Policy on Use of Virtual Currency By Brian Gordon What is virtual currency? Virtual currency is a currency created by people on a computer. If businesses agree to accept the currency, and people trade dollars to buy this currency, you have a viable currency. If a virtual currency can be traded for real currency it is called convertible. The most popular convertible virtual currency is called bitcoin. Click here to read more.STVK in the NewsTax Audit Success By Brian Gordon Brian Gordon recently represented a client who filed amended returns claiming a Qualified Emerging Technology Company (QETC) Credit and asking for a refund of approximately $200,000. After debating the issues involved to qualify for the credit, NYS agreed to pay the refund in full. Click here to read more. For more information regarding State and Local Taxes, please visit |
|
||||||||||||||
