David Jasphy
Subscribe to David Jasphy's PostsDavid Jasphy focuses his practice on state and local tax matters. He represents clients in all stages of tax controversy from audit through appellate litigation. He also provides planning and compliance strategies for clients with complex multistate tax concerns. Read David Jasphy's full bio.
At the 10-Yard Line: New York Formally Proposes Corporate Tax Reform Regulations
By Stephen P. Kranz, Richard C. Call, Michael J. Hilkin and David Jasphy on Aug 11, 2023
Posted In Allocation/Apportionment, Income Tax, Local Tax, Nationwide Importance, New York, Nexus, Unitary Business
On August 9, 2023, the New York State Department of Taxation and Finance (Department) released 417 pages of proposed regulations, an important step toward concluding a now almost decade-long process to implement corporate tax reform. The journey began in 2014 with the enactment of legislation modernizing the state’s corporate tax law. Thereafter, the Department released...
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New York Budget Legislation Contains Significant Tax Provisions
By Richard C. Call, Michael J. Hilkin and David Jasphy on May 2, 2023
Posted In False Claims Act, Franchise Tax, Income Tax, Interest and Penalties, New York, Procedure
New York Governor Kathy Hochul and the New York State Legislature have reached an agreement on the state’s fiscal year 2024 budget legislation. Most surprisingly, the legislation grants the New York State Department of Taxation and Finance the right to petition for judicial review of New York State Tax Appeals Tribunal decisions that are “premised...
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