Tax News

CCH (cch.taxgroup.com) reports:

  CCH Tax and Accounting is hosting a live two-hour audio seminar, New York Residency/Personal Income Tax , on Tuesday, May 19, 2009, at 1 p.m. Eastern; noon Central; 10 a.m. Pacific. This two-hour CCH Audio Seminar, presented by Timothy Noonan, Esq., a noted New York tax practitioner and author of the column "Noonan's Notes on Tax Practice" in State Tax Notes , will help participants understand the rules, requirements, issues and opportunities in working through New York's residency tests and associated personal income taxation. Mr. Noonan will go beyond the residency fundamentals and provide practical insight into the audit process itself.

  Program topics include the following:

  -- overview of New York's residency tests,

  -- New York's Audit Guidelines and Residency Audit Program,

  -- review of recent cases and rulings,

  -- the nuts and bolts of a residency audit,

  -- income allocation issues for nonresidents, including an update on recent changes to the taxation of stock option income, and

  -- residency issues in other states.

  The learning objectives include:

  -- develop a solid base of knowledge related to New York's residency requirements,

  -- understand the issues facing New York residents and nonresidents, and

  -- recognize the issues associated with the New York residency audit program and process.

  Registration can be completed online at
http://www.krm.com/cch or by calling 1-800-775-7654. Participants can receive two hours of CPE credit for an additional $25 per person. Firms registering for this audio seminar will also receive a copy of CCH's
Guidebook to New York Taxes (2009) .