Persons wanting to move out of New York State (NYS) and nonresidents of New York who continue to have ties to the state have been aggressively pursued by the NYS Department of Taxation and Finance. The rules can be complex and confusing, so it is important to fully understand the basics to best advise your clients. In this course, attendees will learn the basics of the NYS residency rules, including change of domicile, the statutory residency test, and allocation of income.

This session is intended for practitioners who serve their clients regarding wealth management, tax, and financial planning matters. Join us to become better equipped to evaluate the audit process, discuss evidence needed to support a residency position, and provide guidance in planning for these situations.

Learning Objectives:

• Recognize trends associated with NYS residency


• Summarize NYS residency rules, including factors involved in the change of domicile analysis and the two-prong statutory residency test


• Outline the basics of income allocation, including telecommuting and the convenience of the employer rule


• Recommend best practices for navigating a NYS residency audit

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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