New York Residency: Issues During COVID and Beyond (Completed)

Date: Wednesday, October 21, 2020
Instructor: Timothy Noonan, Andrew W. Wright
Begin Time:  7:00am Pacific Time
8:00am Mountain Time
9:00am Central Time
10:00am Eastern Time
CPE Credit:  2 hours for CPAs

This 2-hour webinar will cover high-points of Governor Cuomo’s 2020 – 2021 New York budget bill, including New York’s decision to decouple from the federal Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, and also discuss new and proposed legislation being considered for the 2021 – 2022 budget bill to stem the fallout from Covid-19’s impact on New York. We will also discuss and review Covid-19’s impact on New York residency issues, including changing domiciles during and after the Covid-19 crisis and monitoring statutory residency issues in New York and other states.

Who Should Attend
All CPAs, enrolled agents, tax return preparers, tax attorneys, and other practitioners who prepare New York returns, handle New York residency audits, or prepare multistate tax returns for clients.

Topics Covered

  • High-points of the Governor's 2020 — 2021 budget bill
  • Key proposed New York tax legislation, and planning for possible upcoming changes
  • New York residency update & hot topics
  • New Yorkers in other states: Residency issues to consider
  • The potential impact of Covid-19 pandemic on future residency audits

Learning Objectives

  • Define New York's residency requirements
  • Identify key issues facing New York residents and nonresidents and strategies to defend positions in case of audits
  • Recognize how to advise on clients on income allocation as a result of the Covid-19 pandemic


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

 Chat — Books Support