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POSTED BY: terresa bakner and jordyn conwayLandowners in New York State should be aware that the State has moved to expand the freshwater wetlands that the State regulates. In 2022 the State Legislature and the Governor adopted amendments to the law and the NYSDEC has just proposed regulations to implement the law. The public comment period is open on the proposed regulations which NYSDEC has said will regulate an additional one million acres of wetlands in the State. What may have previously [...]

Note: This is the third in a series of articles that will cover strategies for changing residency, surviving an audit, and challenging a negative result.New York State is arguably the most onerous income tax jurisdiction in the country. This has led many New York residents to change their residency to reduce their tax burden on income not effectively connected to New York. This includes business income from around the United States and the world, as well as investment income in retirement. [...]