New York State Tax Law Archives - Page 4 of 7 - FREE Yourself from IRS Problems

New York State Property Tax Cap Will Be Under 1 percent In 2017

In July of 2016, New York Comptroller Tom DiNapoli announced that local governments in New York State may only raise their property-tax levies by no more than 0.67 percent unless they vote to override the state’s cap. This is a…

Shamsey Oloko October 13, 2016 New York Income Tax, New York State Tax, New York State Tax Law, Tax Credit 0

A Discussion Of New York State Income Tax Credits

Individuals and businesses in the State of New York are both subject to income tax. New York enacted a sweeping tax-reduction bill in 2011, creating the lowest mid-bracket tax rates in the state in 58 years. These tax breaks affected…

Shamsey Oloko October 12, 2016 New York Income Tax, New York State Tax, New York State Tax Law 0

A Discussion Of New York State Income Tax Deductions

Income tax deductions are expenses that may be deducted from pre-tax gross income. Of course, deductions reduce New York income tax and maximize a refund. One of the experienced tax professionals at the Thorgood Law Firm can assist any New…