Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

Mastering New York's Combined Reporting Rules

Gain a better understanding of the combined reporting of state income taxes in New York.This topic will provide corporate tax professionals with a thorough and practical guide to New York combined reporting. The panelist will provide an overview of New York’s prior and current law, determining the combined group and computing the tax. After this topic, you will be able to navigate New York’s complicated combined reporting rules. Effective January 1, 2015, New York implemented a unitary combined reporting regime. Since New York does not provide a statutory definition of a unitary business group, a critical part of combined reporting in New York will be applying the unitary business principle. This is a constitutional concept that looks at the business as a whole rather than individual separate entities or separate geographic locations. This material will focus on some of the factors that New York will look at to determine a unitary business. Calculating combined income is considerably more complicated than determining consolidated federal taxable income. Learn how to compute New York’s combined capital and combined business income bases, as well as understand how to address combined filing by corporations with different tax years. This information is critical to those who are required to keep up on New York’s combined reporting rules.


Runtime: 100 minutes
Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Prior and Current Law

  • Say Goodbye to Substantial Inter-Corporate Transactions
  • End of De-Combination Audits?
  • Beginning of Unitary Business Audits?

Determining the Combined Group

  • Ownership Threshold
  • Included and Excluded Corporations
  • Unitary Business Tests
  • Election to Be Treated as Combined Group

Computing the Tax

  • Joint and Several Liability
  • Treatment as a Single Corporation
  • Combined Capital Base and Business Income Base

Non-U.S. Corporations

Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on September 20, 2017.

Call 1-866-352-9540 for further credit information.

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Debra S. Herman

Hodgson Russ LLP

  • Partner, Hodgson Russ LLP, New York, N.Y.
  • Practice spans most tax matters, but focuses primarily on New York State, New York City and multistate tax issues, working with clients from both a planning and an audit and controversy viewpoint and on complex transactions
  • Extensive experience counseling clients with respect to corporate income tax, unincorporated business tax, flow-through entity income taxation, sales and use taxes, and excise taxes on real property transfers
  • Widely recognized for experience in state and local taxation and is a nationally recognized author on state tax topics; co-wrote the BNA Portfolio “New York Sales and Use Taxes” and a bi-monthly article on New York State and New York City taxation in the New York Law Journal and writes a monthly column in the Journal of Multistate Taxation and Incentives on state and local tax matters before the U.S. Supreme Court
  • Currently a Vice Chair of the American Bar Association Section of Taxation’s State and Local Tax Committee, Executive Board; former Chair of the New York City Bar State and Local Tax Committee
  • J.D degree, American University Washington College of Law; LL.M. degree, New York University School of Law; B.A. degree, University of Madison
Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 400141
Published 2017
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!