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Investing In NY Real Estate: Not Just For Foreigners
We frequently hear about the many wealthy foreigners who acquire investment interests in New York real property, and the complex tax considerations relating to such investments. Yet, we sometimes...
View ArticleStatutory Resident? Selling Your New York Business? Welcome to Double Taxation?
General Principles Many business owners who reside in New York, and whose business is headquartered in the state, pay income taxes not only to New York, but to other jurisdictions as well. For example,...
View ArticleLou Vlahos Quoted on President Trump’s Plan to Declare Residency in Florida
Four media outlets have quoted Tax Law for the Closely Held Business blog author Lou Vlahos on the topic of whether New York resident President Donald Trump will be successful in changing his residency...
View ArticleBiden’s Tax Proposals for Capital Gain, Like Kind Exchanges, Basis Step-Up &...
“The board is set. The pieces are moving. We come to it at last.” With these words, Gandalf the White acknowledged that the decisive battle for control over Middle Earth had been joined.[i] So it is...
View ArticleResponding to the Democratic Party’s Tax Plans
The Convention The Democratic Party’s “virtual” convention last week seems to have gone pretty well. All the stars of the Party’s firmament were on hand and spoke in “virtually” one voice in their...
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Investing In NY Real Estate: Not Just For Foreigners
We frequently hear about the many wealthy foreigners who acquire investment interests in New York real property, and the complex tax considerations relating to such investments. Yet, we sometimes...
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