Industry News

CAPITOL WATCH: Special election, Nixon-Cuomo taxes - The Times Telegram

2 hours 39 min ago

CAPITOL WATCH: Special election, Nixon-Cuomo taxes
The Times Telegram
ALBANY — In New York state government news, two upcoming special elections in the Bronx and Westchester County could decide which party controls the state Senate. Meanwhile, Cynthia Nixon says she'll release her tax returns as soon as they're ready ...

and more »

Capitol Watch: Special election, Nixon-Cuomo taxes - New York Daily News

Sat, 04/21/2018 - 06:03

Capitol Watch: Special election, Nixon-Cuomo taxes
New York Daily News
ALBANY, N.Y. (AP) — In New York state government news, two upcoming special elections in the Bronx and Westchester County could decide which party controls the state Senate. Meanwhile, Cynthia Nixon says she'll release her tax returns as soon as they ...

and more »

FCC: New York 'deceiving consumers' over 911 taxes - wivb.com

Fri, 04/20/2018 - 17:32

wivb.com

FCC: New York 'deceiving consumers' over 911 taxes
wivb.com
Buffalo, N.Y. - BUFFALO, N.Y. (WIVB) -- The list of taxes that appear on landline and cell phone bills seems to grow every month. But one line that's appeared consistently for nearly a decade is the 911 service fee, or surcharge. That tax is intended ...

Trump tax law paves way for Wall Street banks to hit huge first-quarter profits - New York Daily News

Fri, 04/20/2018 - 15:01

New York Daily News

Trump tax law paves way for Wall Street banks to hit huge first-quarter profits
New York Daily News
NEW YORK — The nation's six big Wall Street banks posted record, or near record, profits in the first quarter, and they can thank one person in particular: President Trump. While higher interest rates allowed banks to earn more from lending in the ...
Big banks saved $3.6B in taxes last quarter under new lawInformNNY

all 10 news articles »

Michael Cohen's Other Woe: Mounting Unpaid Taxes on New York Cabs - Bloomberg

Fri, 04/20/2018 - 13:28

Bloomberg

Michael Cohen's Other Woe: Mounting Unpaid Taxes on New York Cabs
Bloomberg
He declined to comment on whether the Cohen family is liable for the taxes. Before he started working as a lawyer for Trump, Cohen built his wealth in the taxi business in New York and Chicago. He has said he bought medallions in the 1990s from his ...
Michael Cohen's NYC Cab Firms Hit With New Tax WarrantsPatch.com

all 2 news articles »

Moody's Upgrades Rockland's Tax Anticipation Notes - Patch.com

Fri, 04/20/2018 - 04:53

Patch.com

Moody's Upgrades Rockland's Tax Anticipation Notes
Patch.com
Moody's Investors Service rated Rockland's Tax Anticipation Notes MIG 1, a clear sign that the fiscal policies he put into place are paying off for taxpayers. The MIG 1 rating is the highest short-term rating assigned by Moody's to Notes. This is a ...

New York Debt Collector Guilty of Tax Evasion, Owes $1.2M - U.S. News & World Report

Thu, 04/19/2018 - 22:45

New York Debt Collector Guilty of Tax Evasion, Owes $1.2M
U.S. News & World Report
BUFFALO, N.Y. (AP) — Authorities say a New York debt collector owes more than $1 million in a case of tax evasion. The United States Attorney's Office says 52-year-old Dorian Wills of Buffalo operated debt collection businesses under various names for ...

and more »

New York debt collector guilty of tax evasion, owes $1.2M - Seattle Times

Thu, 04/19/2018 - 22:43

New York debt collector guilty of tax evasion, owes $1.2M
Seattle Times
BUFFALO, N.Y. (AP) — Authorities say a New York debt collector owes more than $1 million in a case of tax evasion. The United States Attorney's Office says 52-year-old Dorian Wills of Buffalo operated debt collection businesses under various names for ...

and more »

This is how the government will spend your taxes in 2018 - New York Post

Thu, 04/19/2018 - 19:25

New York Post

This is how the government will spend your taxes in 2018
New York Post
Many taxpayers frantically completing their 1040s before this week's tax deadline are surely wondering: Where does it all go? This year, Washington will spend a near-record $33,054 per household and collect $26,198 per household in taxes. The resulting ...

and more »Google News

The Great Snake Oil Slump - New York Times

Thu, 04/19/2018 - 17:09

New York Times

The Great Snake Oil Slump
New York Times
Stop me if you've heard this before. A G.O.P. presidential candidate loses the popular vote, but somehow ends up in the White House anyway. Despite his dubious legitimacy, his allies in Congress take advantage of his election to ram through a huge tax ...

and more »

New York Tax Receipts Up $314M After Federal Tax Act - Bloomberg BNA

Thu, 04/19/2018 - 08:28

New York Tax Receipts Up $314M After Federal Tax Act
Bloomberg BNA
By Gerald B. Silverman. The new federal tax law likely caused a sharp increase in New York personal income tax receipts in the final month of 2017, as taxpayers sought to take advantage of expiring tax breaks, according to data from the state ...

Taxing our patience with New York's Stone Age tax e-filing - New York Daily News

Thu, 04/19/2018 - 02:02

New York Daily News

Taxing our patience with New York's Stone Age tax e-filing
New York Daily News
Tuesday, as millions of Americans rushed to meet the deadline, the Internal Revenue Service's system for receiving tax returns online broke down — prompting Washington to give all filers a one-day extension. The glitch highlighted a depressing ...

Scam I Amn't: Voters and the Tax Cut - New York Times

Wed, 04/18/2018 - 14:00

New York Times

Scam I Amn't: Voters and the Tax Cut
New York Times
And history suggested that they might be right: the Bush tax cuts, like the TCJA, offered big breaks to the wealthy but only what amounted to loss leaders for the middle class. Yet as Larry Bartels famously documented in his paper “Homer gets a tax cut ...

and more »

The fiscal windfall of legalizing pot in New York - New York Daily News

Wed, 04/18/2018 - 06:18

New York Daily News

The fiscal windfall of legalizing pot in New York
New York Daily News
We recently conducted analysis of various revenue-raising methods for funding New York infrastructure, a pot tax being one of many possibilities. Our numbers show that there is a lot of money in pot. Colorado imposes a 2.9% general sales tax, a 10 ...

and more »

Real estate mogul ducks $22M in taxes with corporate loopholes - New York Daily News

Wed, 04/18/2018 - 02:02

New York Daily News

Real estate mogul ducks $22M in taxes with corporate loopholes
New York Daily News
He drives a new $100,000 Mercedes-Benz, lives in a $1.8 million home and has been honored for his philanthropic efforts in the Jewish community. He was also the state's top tax deadbeat last month. Allen Rosenberg, of Atlantic Beach, L.I., owes New ...

Tax Day, Southwest Airlines, Starbucks: Your Tuesday Evening Briefing - New York Times

Tue, 04/17/2018 - 16:13

New York Times

Tax Day, Southwest Airlines, Starbucks: Your Tuesday Evening Briefing
New York Times
It was Tax Day, and the I.R.S. had a message for last-minute filers: Come back on Dec. 31, 9999. The message, displayed on the payment section of the I.R.S. website, was the result of a technical glitch. The electronic filing system was also down. The ...

Meghan Markle may give up US citizenship to avoid royal tax hassle - New York Daily News

Tue, 04/17/2018 - 15:31

New York Daily News

Meghan Markle may give up US citizenship to avoid royal tax hassle
New York Daily News
This actress' royalties are going to be a headache for her accountants. Tuesday was “Suits” star Meghan Markle's last tax day as a single woman. Her days as an American citizen may be numbered as well, according to a source with ties to the princess-to ...

and more »Google News

Lowey Marks Tax Day By Decrying Loss Of SALT Deduction - Patch.com

Tue, 04/17/2018 - 14:53

Patch.com

Lowey Marks Tax Day By Decrying Loss Of SALT Deduction
Patch.com
Prior to enactment of the federal tax law in December, New Yorkers who itemized could deduct their state and local property and income taxes. The SALT deduction was a major source of tax fairness for high-taxed states such as New York, where 35 percent ...

Cuomo releases taxes while Nixon stays quiet - New York Post

Tue, 04/17/2018 - 13:51

New York Post

Cuomo releases taxes while Nixon stays quiet
New York Post
Gov. Cuomo's left-wing challenger, Cynthia Nixon, stayed mum about her taxes as he released his 2017 returns to reporters on Tuesday. Elected officials and candidates often share their returns as a transparency measure, but a rep for the “Sex and the ...
Readers sound off old Penn Station, taxes and Cynthia NixonNew York Daily News

all 68 news articles »

The Trump Tax Cuts Are Still Unpopular. That's a Crisis for Conservatives. - New York Magazine

Tue, 04/17/2018 - 12:57

New York Magazine

The Trump Tax Cuts Are Still Unpopular. That's a Crisis for Conservatives.
New York Magazine
Between 1980 and 2016, the American public never met a tax cut it didn't like. In the decades between Ronald Reagan's election and Donald Trump's, Congress passed major, tax-reducing legislation six times — and on each occasion, a plurality of voters ...
How tax reform will affect this year's taxes and next year's returnsNew York Post
A Tax Day look at the celebrities who've found themselves in trouble with the IRSNew York Daily News

all 165 news articles »

Pages