ALBANY, N.Y. — Jack Trachtenberg, an attorney in Hodgson Russ LLP's State & Local Tax Practice Group, recently spoke at "New York sales and use tax issues for the construction industry: What you don't know can hurt you," a seminar held by the New York Capital Region Chapter of the Construction Financial Management Association (CFMA) on November 15.

The program, which offered two Certified Public Accountant (CPA) continuing education credits, was intended for controllers, treasurers, vice presidents of finance, CFOs, owners or CEOs, CPAs, and attorneys.

Mr. Trachtenberg gave an overview of the New York tax rules applicable to construction contractors, including sales tax rules on capital improvements, use tax issues for out-of-state contractors, rules for tax-exempt projects, and derivative liability concerns.

Mr. Trachtenberg concentrates his practice in state and local tax law, with a focus on New York State and City taxes. He counsels clients on individual, business, corporate, and trust taxation issues, and represents taxpayers in contested state and local tax matters of all types. Mr. Trachtenberg has also written numerous articles on tax issues and has composed several reports for the Tax Section of the New York State Bar Association, including reports on New York's nonresident income allocation guidelines, New York's proposed tax shelter legislation, and the Governor's 2004-2005 Budget Bill. Mr. Trachtenberg is also an adjunct faculty member at the University at Buffalo Law School.

Hodgson Russ recently celebrated its 15th anniversary of serving the Albany business community and relocated to the new office building at 677 Broadway. The firm continues to expand its Albany presence to provide increased depth in important niche practice areas, including bond counsel, municipal law, and other real estate and finance areas; federal, state, and local taxation; bankruptcy and commercial litigation; estate planning and administration; torts, insurance, and products liability; and corporate and business law. As one of the 200 largest law firms in the United States, and with more than 230 attorneys practicing in all major areas of law, Hodgson Russ offers clients access to experienced attorneys who can assist with virtually any business opportunity or challenge. In addition to Albany, Hodgson Russ has offices in New York, Buffalo, and Johnstown, New York; Boca Raton and Palm Beach, Florida; and Toronto, Ontario, Canada.
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