Residency Part I: New York Issues (Currently Unavailable)
Author: Hodgson Russ LLP, Andrew W. Wright, Kristine L. Bly, K. Craig Reilly
| CPE Credit: |
2 hours for CPAs |
The NYS Department of Taxation and Finance has the most advanced and aggressive residency audit program in the nation. New York auditors will continue to be on the hunt for revenue in audits of nonresidents. With the Coronavirus pandemic, tax increases and other considerations, many New Yorkers have reexamined their tax residency. Learn about New York’s residency rules, what it takes to change your residency, new considerations in COVID-era moves, and what happens in a New York State residency audit.
Publication Date: June 2021
Topics Covered
- Overview of New York Residency Issues
- Residency Considerations During the Pandemic
- Case Studies and Scenarios
- Telecommuting and the "Convenience Rule"
Learning Objectives
- Recognize and apply New York residency rules
- Identify what it takes to change your residency
- Describe new considerations in COVID-era moves
- Recognize what happens in a New York State residency audit
- Identify the number of residency tests
- Differentiate residency tests related to the "Leave and Land" Rule
- Describe what domicile involves
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
