New York/Connecticut Association of Tax Professionals | Christopher Pace | Activity https://www.nyctatp.org/members/chrispaceaccounting-com/activity/ Activity feed for Christopher Pace. Sat, 02 May 2026 03:04:05 -0400 https://buddypress.org/?v= en-US 30 hourly 2 c620f4a45b1311198b230d05d489d341 Christopher Pace started the topic Looking for someone who is experienced filling out form 3115 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/looking-for-someone-who-is-experienced-filling-out-form-3115/ Thu, 19 Feb 2026 21:04:44 -0500 I have a friend who prepared his taxes on his own and they just sold a rental property in 2025. He asked me to prepare the return however I found out they never took depreciation for the last 12 years. I believe you need to recapture it, but what happens to the deduction he missed out on? Would form 3115 be beneficial in this case? I am not…Read more

]]> 481f77a4637b6d5e7ad24499e6414127 Christopher Pace started the topic Looking to hire a full time tax accountant in the forum Tax Discussion https://www.nyctatp.org/forums/topic/looking-to-hire-a-full-time-tax-accountant/ Wed, 23 Apr 2025 20:07:59 -0400 Our firm is looking to hire a full-time tax accountant. We tried indeed with no luck and once used Robert Half which we were not impressed with. Can anyone recommend other job search websites or any other suggestions that you had success with?

]]> 22540e22d720116a082a8dfb54f95006 Christopher Pace replied to the topic NYS PTET Help in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-ptet-help/#post-21698 Tue, 04 Mar 2025 14:38:44 -0500 Much appreciated! I at the same time had reached out to NYS for assistance and surprisingly they answered back with a detailed response. I will post it here in the event anyone needs this information too.

Part MM of the 2022-2023 New York State Budget made changes to Tax Law section 612(b)(3). S corporations are now required to add back state…Read more

]]> eb2e6134268e4e65a89bacc2ea3f606c Christopher Pace started the topic NYS PTET Help in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-ptet-help/ Fri, 28 Feb 2025 15:51:48 -0500 This is my first time filing a NYS PTET Annual Return. I took a seminar during the summer and have a good understating of it but have 2 questions and my research on NYS website is not helpful.

Client is taxed as an S-corp and operates in NYC. The PTET return will only be for NYS since one partner lives on Long Island. For the purposes of…Read more

]]> 082ea12bd16acb9c354a921049d2c60c Christopher Pace replied to the topic CT company with one W-2 NY remote only worker. in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ct-company-with-one-w-2-ny-remote-only-worker/#post-21681 Thu, 20 Feb 2025 16:22:02 -0500 Can we have a seminar on this subject after tax season? With remote working now so popular it would be great for us to understand this more. Even for my own company I am not 100% I am handling the states correctly. We have Sharholders of our firm living in NY and CT and Sharholders and Employees working in both NY and from my home In CT.

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