NY Tax Update
Morning Session: The morning session will feature a detailed New York State tax update by Mark Klein and Joe Endres including the following topics: the 2025-2026 NYS Budget and Other Hot topics, New NYS Transfer on Death (TOD) Deeds effective 7/19/2024, Residency and nonresidence allocation issues, Post Pandemic NYS issues, NYS Audit initiatives, Residency audits, Sales and use tax update, NYS taxation of digital products and Software as a Service (SaaS).
Afternoon Session: This session highlights the latest federal tax issues and hot topics for both individuals and businesses and features new strategies for tax planning in 2025. Topics include: Corporate Transparency Act, Update on Form 1099-K Reporting, RMDs for 2024 delayed for inherited IRAs, New SECURE Act 2.0 rules for 2025, New Bonus Depreciation rules for 2025, Tax Credits for 2025, Latest guidance on Section 199A and strategies for its sunset in 2025, and many other updates and tax strategies! A must attend seminar!