Those who purchase diapers for infants or the elderly will feel a bit of relief at the register as New York wipes away all state and local taxes on diapers.
With April 15th, the traditional "Tax Day" less than a month away, many who owed were feeling stress with the current economic uncertainties. Now, the government has extended the deadline to July.
Today is the deadline to file your federal along with your New York State income tax returns and New York is extending the hours for its tax filing information call center.
Tax collections were $18 million below updated projections during July, but receipts since the start of the fiscal year were 13.3 percent higher than last year because of strong personal income tax (PIT) receipts in April.
The July cash report released by New York State Comptroller Thomas P. DiNapoli also found July tax collections were 5.2 percent higher than last year, largely from an additional
The State Comptroller’s office has halted $21.2 million in questionable personal income tax refunds after finding 6,353 improper filings among those filed so far this year.
A report released Tuesday says that in 2014 approximately 1.5 million New Yorkers will be eligible for premium tax credits that will help them pay for health coverage.
According to the report by Families USA, a national health consumer organization, most of those eligible for the premium tax credits will be in working families and have incomes between, $47,100 and $94,200 for a family of four.
Rea