De Blasio's Extreme Tax Plan Is Either A Political Stunt Or A Recipe To Ruin NYC, Experts Say“This plan is not just a tax on the ultra-wealthy, not just a tax on the wealthy, but a tax on the middle class… It’s extreme,” Timothy Ghriskey, the chief investment strategist for Inverness Counsel said.
NJ Gov. Murphy Pushes $125 Tax Credit, Higher Rates On MillionairesNew Jersey Gov. Phil Murphy says property taxpayers would get a $125 refundable credit on their income taxes under a plan he's proposing that includes imposing higher tax rates on millionaires.
Time Is Ticking: Tax Deadline TodayState and local returns must be filed electronically or mailed by the end of the day Monday.
Monday Is Tax Day Deadline For Filing Or Getting ExtensionThe government's early filing data shows the IRS has paid $6 billion less in refunds this tax season, but Uncle Sam took a little less out of some people's paychecks during most of last year.
Cuomo Confesses Concern As Deadline For Controversial New York State Budget LoomsSunday's deadline for a new budget in New York is fast approaching and Gov. Cuomo says he's worried about the economic trajectory of the state.
Tips On How To Avoid Tax Refund ScamsTax season is underway, and every year, the IRS issues warnings about tax refund scams. Dan Goldberg, president and managing director of IKOR, offers advice on protection against such tricks.
New Tax Laws Giving Many People Sticker Shock And Smaller RefundsAmericans like Melissa Velez filed for the government’s standard deduction – which is now a $12,000 credit for taxpayers - and her return was nearly cut in half.
Expert Explains How The Government Shutdown Will Affect You This Tax SeasonJohn Lieberman, a certified public accountant from Perelson and Weiner, says the IRS has its work cut out for them this spring.
Eye on Cyber: Watch Out For These Tax Season ScamsWhile many Americans don’t look forward to tax season, there’s at least one group of people who do: hackers.
Change In Alimony Tax Law Sparks Holiday Rush To Divorce In 2018Under new federal law, alimony will no longer be tax deductible come Jan. 1, and the change is sending divorce attorneys into overdrive.
Gov. Cuomo Outlines His Goals For First 100 Days In New TermGov. Andrew Cuomo announced his major policies Monday that will set the priorities for his first 100 days in office under his new term.
IRS Stops States’ Attempts To Save SALT DeductionNew rules unveiled by the IRS undermine some states' attempts to help residents keep a version of a popular federal income tax deduction.
Report: Bigger Paychecks Now Could Mean Bigger Tax Bills Next YearThe U.S. Department of the Treasury estimates 30 million Americans are being “under-withheld” this year.
New York, New Jersey, Connecticut Sue Over Tax OverhaulSue claims new $10,000 tax limit on state and local deductions aimed at hurting specific states.
New Jersey, IRS At Odds About Tax Deduction Relief PlanThe middle class may take the hardest hit from the $10,000 federal cap on state and local tax deductions.