The determination of who is taxable as a resident for New York State and City personal income tax purposes has challenged tax practitioners for years,…
U.S. Tax Residency
Some Black-and-White Rules, Some Gray
When advising taxpayers or preparing returns, bright-line rules are generally the easiest to explain and to handle. In contrast, tax outcomes that depend on facts…
ICYMI | A Snowbird Must Carefully Plan Its Flight
Establishing Tax Residency under the Laws of New York and Florida
New York residents sometimes relocate to Florida to take advantage of that state's more lenient tax laws (not to mention more moderate climate). While establishing…