Sen. Schumer Optimistic On Possible Repeal Of $10,000 Cap On SALT DeductionsHomeowners who pay high property taxes, like many in the Tri-State Area, were hit hard by the tax overhaul bill passed in 2017.
Judge Tosses Out Lawsuit Filed By New York & New Jersey To Save SALT DeductionsJudge J. Paul Oetken dismissed a challenge on Monday to the Republican-led tax overhaul filed last year by New York, New Jersey, Connecticut and Maryland.
Iconic Brooklyn Pizzeria Reopens, Works Out New Tax Payment Plan With StateNew York’s tax collectors shut down one of Brooklyn's most iconic pizza spots two days ago, but CBS2's Dave Carlin reports their oven is back open.
'He Has No Legal Authority': Gov. Cuomo Slices Into Mayor De Blasio's Vague Plan To Save Brooklyn Pizzeria"If he wants to get $200,000 worth of pizza, that's his business. But he can't forgive state taxes,” the governor said.
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.