Sidney Kess

October 05, 2021 | New York Law Journal

The rules for innocent spouse relief are not new. However, there have been some developments—a revised form, various court decisions, and a recommendation from the National Taxpayer Advocate. In this edition of his Tax Tips column, Sidney Kess examines the developments.

By Sidney Kess

7 minute read

September 07, 2021 | New York Law Journal

In this edition of his Tax Tips column, Sid Kess presents some guidelines on how to treat gratuitous transfers for federal tax purposes.

By Sidney Kess

7 minute read

July 30, 2021 | New York Law Journal

In this edition of his Tax Tips column, Sidney Kess provides a round-up of recent decisions from the 2020-2021 term.

By Sidney Kess

7 minute read

June 30, 2021 | New York Law Journal

Having an employee working from home in a state that is not the same as where the employer is based creates several issues: where to withhold state and local income tax and whether the remote workforce creates nexus such that the employer owes income or franchise tax to the remote state. It may also create income tax complexity for remote workers. Sidney Kess explores these issues in this edition of his Tax Tips column.

By Sidney Kess

7 minute read

March 23, 2021 | New York Law Journal

The $1.9 trillion American Rescue Plan Act of 2021 was signed into law on March 11, 2021. Known as ARPA, the wide-ranging law contains many tax-relief measures for individuals, which Sidney Kess explores in this edition of his Tax Tips column.

By Sidney Kess

7 minute read

March 22, 2021 | New York Law Journal

The $1.9 trillion American Rescue Plan Act of 2021 was signed into law on March 11, 2021. Known as ARPA, the wide-ranging law contains many tax-relief measures for businesses, which Sidney Kess explores in this edition of his Tax Tips column.

By Sidney Kess

6 minute read

January 29, 2021 | New York Law Journal

The Consolidated Appropriations Act, 2021, funds the government for its fiscal year ending Sept. 30, 2021, and makes major tax changes for businesses. The CAA also makes changes in the Paycheck Protection Program and other financial assistance options which have tax implications. In this edition of his Tax Tips column, Sidney Kess provides a brief roundup of these key changes.

By Sidney Kess

9 minute read

January 28, 2021 | New York Law Journal

Signed into law on Dec. 27, 2020, the CAA also incorporates various measures to provide certain financial assistance to individuals. In his Tax Tips column, Sidney Kess provides a brief roundup of key changes. Most of the changes are effective after 2020, but some of them affect 2020 income tax returns.

By Sidney Kess

8 minute read

November 23, 2020 | New York Law Journal

In his Tax Tips column, Sidney Kess writes that numerous tax law changes from recent legislation, including the SECURE Act and the CARES Act, may influence last-minute actions.

By Sidney Kess

7 minute read

October 27, 2020 | New York Law Journal

In his Tax Tips column, Sidney Kess writes: The Tax Cuts and Jobs Act eliminated any deduction for entertainment costs after Dec. 31, 2017, while leaving the deduction for business meals. However, that law changed the allowable amount that may be deducted for certain meal costs. Final regulations clarify the current rules for deducting business meals.

By Sidney Kess

7 minute read