Join Yvonne R. Cort, partner in Capell Barnett Matalon & Schoenfeld LLP’s Tax Controversy practice, on August 5th for this important webinar delivering a deep dive into New York State residency income tax audits. Yvonne’s presentation explores the role of residency and provides strategies to prepare your clients for a possible NYS audit. Gain a clearer understanding of the factors affecting domicile, the 183-day rule, statutory residency, permanent place of abode, what counts as a day and exceptions, and the convenience of the employer rule, with insights that will help you advise your clients.
What: NYS Residency Primer: Leaving NY? Have a Second Home in NY? Get Ready for an Audit
Date: Monday, August 5, 2024
Time: 1:00 – 2:00 PM ET
Host: TRT CLE
New York State has far-reaching programs to assess tax on individuals who may not realize that New York State or New York City considers them residents or otherwise subject to the New York tax. It’s important that attorneys and legal professionals at any level of practice be familiar with these detailed residency audits to effectively recognize when your clients, considering moving out of New York or purchasing a place in the state, may be at risk of assessment. Planning and preparation are essential.
Learning Objectives:
- Distinguish between domicile and statutory residency
- Become familiar with domicile factors, permanent place of abode, and day count
- Develop planning techniques for potential residency audits
- Perform the Convenience Test for nonresident remote workers
