An Introduction to the New York Pass-Through Entity Tax

This program, taught by Richard W. Goldstein of Berdon Accountants and Advisors, will provide an overview of the New York Pass-Through Entity Tax (PTET): what it is, who can elect, how/when to elect, and how it can result in tax savings. The program will also cover potential adverse consequences of making the PTET election. Any attorney involved in advising clients related to tax planning will benefit from this program.

Learning Objectives: 

1. Analyze the impact of the SALT CAP on taxpayers

2. Examine the reason why New York enacted the Pass-Through Entity Tax

3. Identify what entities can elect to pay pass through entity tax

4. Explore how the pass-through entity tax results in tax savings and potential adverse consequences of the PTET