NOTE: There will be an opportunity to receive answers from the instructor in real-time by submitting your questions in the Q&A forum on the webinar page!

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 2024-2025 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: The afternoon session will feature 2 unique State & Local topics. Peter Godfrey & John Godwin will take a deep dive into NYS employment and labor laws, and Chaim Kofinas will provide a complete review and update of NJ taxes - see detailed topics below. 

Topics & Learning Objectives Include:

Morning Session - Mark Klein & Joe Endres

• 2024-2025 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)
• Real Life Examples Heard Nowhere Else

Afternoon Sessions

Peter Godfrey & John Godwin - NYS Employment & Labor Law Update

• Federal, State & NYC Workplace Law Compliance Requirements That Employers Must Follow, But Often Ignore
• Avoiding Wage and Hour Lawsuits
• Domestic Worker Issues and Solutions

Chaim Kofinas - NJ Tax Update

• NJ Inheritance Tax Trap
• Summary of NJ Taxation of Individuals
• Retirement Income Exclusion
• Partnership & BAIT Update - New Jersey Enacted Major Changes to Partnership Sourcing and Corporate Provisions
• Corporation Update
• Combined Reporting Update
• S Corporation Election Update
• Convenience Rule
• Sales Tax Update