In the News

As New York City considers scaling back a key tax credit for high-income taxpayers, details matter. Hodgson Russ Partner Tim Noonan was quoted in Tax Notes on the New York City Council's proposal to reduce the unincorporated business tax (UBT) credit for taxpayers with city taxable income of $1.25 million or more.

New York’s latest appellate court decision on the state’s controversial remote work tax rule may appear to be a setback for taxpayers, but the debate is far from settled.

As New York communities, municipalities, and energy developers navigate the evolving regulatory framework surrounding battery energy storage systems, Hodgson Russ Partner Dan Spitzer provided key insights during the New York State Bar Association’s Land Use 2026 Continuing Legal Education program.https://nysba.org/land-use-law-understanding-battery-energy-storage-systems/

Effective July 1, New York City’s pied-à-terre tax is now in force, as detailed in recent Bloomberg coverage examining how the new surcharge is reshaping the landscape for high-value second-home owners. The article highlights the limited availability of workarounds, the practical challenges of compliance, and the early strategies being explored by taxpayers. Hodgson Russ partner Timothy Noonan offers perspective on how narrowly the rules may operate in practice and the importance of meeting the law’s specific requirements.

Hodgson Russ Partner Thomas Berkman recently joined The Capitol Pressroom to discuss what’s next for New York’s freshwater wetland protections following a recent court ruling.

A new state budget law will impose a tax on high-value New York City second homes, with a complex two-phase system that could initially limit its reach before significantly expanding its impact in later years.

New York City’s proposed budget has renewed focus on the taxation of high-income individuals and business owners.

Debate over a proposed New York tax on second homes has sparked strong reactions from high-net-worth individuals and their advisors.

A proposed New York City second‑home tax has prompted discussion around its legal framework and practical application.

Questions surrounding the legality and administration of a proposed New York City pied‑à‑terre tax have drawn close attention from state and local tax practitioners.

A proposed New York City tax on second homes prompted discussion around policy design and practical administration.

As New York lawmakers consider reviving a New York City pied‑à‑terre tax, legal and practical questions are front and center.

Hodgson Russ partner Tom Berkman appeared on The Capitol Pressroom to discuss how New York courts are interpreting the state’s constitutional Green Amendment and what recent decisions mean for environmental claims and development.

Hodgson Russ partner Thomas Berkman is quoted in Buffalo Business First discussing New York’s evolving approach to the Climate Leadership and Community Protection Act and its implications for businesses and policymakers.

A Bloomberg Tax article examines the increasing use of declaratory judgment actions in state and local tax appeals, with insights from Hodgson Russ partner Craig Reilly.