Industry News

Record Low Prices: $500-$1000 off Apple's iMac Pro with no tax outside NY & NJ - AppleInsider (press release) (blog)

Sun, 02/18/2018 - 23:05

AppleInsider (press release) (blog)

Record Low Prices: $500-$1000 off Apple's iMac Pro with no tax outside NY & NJ
AppleInsider (press release) (blog)
Record Low Prices: $500-$1,000 off Apple's iMac Pro with no tax outside NY & NJ. By Christine McKee. Sunday, February 18, 2018, 10:00 pm PT (01:00 am ET). AppleInsider readers this week can snap up exclusive savings on a variety of iMac Pro ...

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Michael Turturro: Beware of tax-scammer season - Times Herald-Record

Sun, 02/18/2018 - 16:31

Times Herald-Record

Michael Turturro: Beware of tax-scammer season
Times Herald-Record
Tax season is here, and it's time to start gathering your important documents, searching for your TurboTax login or calling your accountant. It is also time to be vigilant about your digital security. Each year, cyber criminals ramp up their efforts ...

Where to turn for tax help - New York Daily News

Sun, 02/18/2018 - 07:20

Where to turn for tax help
New York Daily News
Getting someone on the phone might be a challenge, but the IRS.gov website has answers to most tax questions. The site can also direct you to outside tax help, such as the Volunteer Income Tax Assistance program. The program provides free tax help to ...

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When Calling an Uber Can Pay Off for Cities and States - New York Times

Sun, 02/18/2018 - 02:59

New York Times

When Calling an Uber Can Pay Off for Cities and States
New York Times
Last year, New York State approved a 4 percent assessment on ride-hailing trips that begin outside New York City (rides in the city are already subject to state and local taxes). It is expected to raise $24 million a year for the state's general fund ...

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Capitol Watch: Lawmakers break, with NY state budget to come - SFGate

Sat, 02/17/2018 - 23:16

Capitol Watch: Lawmakers break, with NY state budget to come
SFGate
Now known as the Excelsior Jobs Program, it allows participating businesses to partner with colleges and universities while not having to pay taxes for 10 years. But studies have shown that the program has generated relatively few jobs despite the tens ...

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NY lawmakers take a break as state budget work looms - Auburn Citizen

Sat, 02/17/2018 - 15:57

Auburn Citizen

NY lawmakers take a break as state budget work looms
Auburn Citizen
There are also debates about spending on health care programs, economic development, education and taxes. Cuomo has proposed an ambitious restructuring of the state's tax code intended to soften the blow of the recently enacted federal tax changes ...

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Democrats' endangered dreams of a 2018 wave - New York Post

Fri, 02/16/2018 - 17:18

New York Post

Democrats' endangered dreams of a 2018 wave
New York Post
It turns out that, with apologies to Nancy Pelosi, Republicans really did have to pass the tax bill so people could find out what's in it. The GOP has made gains on the generic congressional ballot in recent weeks, with warmer feelings about the tax ...
Republicans Have Forgotten They Hate DeficitsNew York Times
Republicans Look for Somebody to Blame for Their Deficit Mess. Guess Who They Found.New York Magazine

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The IMF Warns Trump's Tax Cuts Could Trigger a Global 'Race to the Bottom' - New York Magazine

Fri, 02/16/2018 - 16:14

New York Magazine

The IMF Warns Trump's Tax Cuts Could Trigger a Global 'Race to the Bottom'
New York Magazine
Last October, the International Monetary Fund released a paper arguing that inequality was undermining global economic growth — and thus, contrary to supply-side dogma, developed nations did not need to choose between progressive tax policies and ...

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NY Governor Proposes Tax Changes to Offset Federal SALT Deduction Cap - ThinkAdvisor

Fri, 02/16/2018 - 13:29

ThinkAdvisor

NY Governor Proposes Tax Changes to Offset Federal SALT Deduction Cap
ThinkAdvisor
The creation of charitable funds to which taxpayers who itemize could donate funds and claim those donations as tax-deductible charitable contributions. Curomo is proposing two state charitable funds — for health care and education — whose donations ...
New York's business tax climate among the worst in the nation, report sayswivb.com
High-Tax States Reach For GimmicksForbes
NY Voters Hit Cuomo on Transit, Payroll Tax, EthicsNewsmax
Auburn Citizen (blog) -Syracuse.com
all 136 news articles »

State Senate calls for shut down of Start-Up NY. Businesses in the program say it's too soon - Albany Business Review

Fri, 02/16/2018 - 12:58

Albany Business Review

State Senate calls for shut down of Start-Up NY. Businesses in the program say it's too soon
Albany Business Review
Start-Up NY, created by Gov. Andrew Cuomo in 2013, exempts qualifying businesses from taxes for 10 years when they expand or relocate to select college and university campuses. Senate Republicans this week said the program needs to be shut down. They ...

Lower, fairer taxes in NY equals more jobs here (Your letters) - Syracuse.com

Fri, 02/16/2018 - 05:42

Syracuse.com

Lower, fairer taxes in NY equals more jobs here (Your letters)
Syracuse.com
Last week, The Post-Standard reported that Dr. John McCabe was drawing a $605,000 salary as a consultant after resigning from Upstate University Hospital. A few years ago, the Post reported that knee and other joint replacements cost thousands more at ...

New York's business tax climate among the worst in the nation, report says - wivb.com

Thu, 02/15/2018 - 16:30

wivb.com

New York's business tax climate among the worst in the nation, report says
wivb.com
BUFFALO, N.Y. (WIVB) – New York State is ranked among the worst in the nation when it comes to its business tax climate. According to the Tax Foundation, based in Washington, D.C., New York has an overall ranking of 49 out of 50, just above New Jersey ...
NY Voters Hit Cuomo on Transit, Payroll Tax, EthicsNewsmax
Cuomo's SALT remedy doesn't cure NY's spending problem ...Syracuse.com
Should NY keep spending $50M a year on promotional TV ads?Rochester Democrat and Chronicle
WNYT -Berkshire Eagle
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The Otter Lodge in Brighton reopens after state tax seizure - Rochester Democrat and Chronicle

Thu, 02/15/2018 - 15:11

Rochester Democrat and Chronicle

The Otter Lodge in Brighton reopens after state tax seizure
Rochester Democrat and Chronicle
The Otter Lodge, a bar and grill on Monroe Avenue in Brighton, reopened Thursday afternoon after being seized and shuttered by New York state tax agents. The bar, which has been open for at least 20 years, owed the state $55,031 in unpaid sales tax ...

Jared Kushner company investors subpoenaed by tax authorities - New York Daily News

Thu, 02/15/2018 - 12:01

New York Daily News

Jared Kushner company investors subpoenaed by tax authorities
New York Daily News
The Internal Revenue Service and Department of Justice have subpoenaed lenders and investors in real estate projects managed by Jared Kushner's family, according to a report on Thursday. Tax authorities have put together information on people ...

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Tax reform gives ailing Sears the break it needs - New York Post

Thu, 02/15/2018 - 09:42

New York Post

Tax reform gives ailing Sears the break it needs
New York Post
Despite steep sales declines at Sears Holdings that only increased last year, the hedge fund mogul — who is chief executive of Sears and its biggest shareholder — is expecting to notch a profit in the fourth quarter because of tax reform legislation ...

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Sky-high cigarette taxes are the new Prohibition: The consequences are eerily similar - New York Daily News

Thu, 02/15/2018 - 09:02

New York Daily News

Sky-high cigarette taxes are the new Prohibition: The consequences are eerily similar
New York Daily News
It is no secret that New York is a haven for smuggled cigarettes, but the scope of the problem still staggers. Recently state authorities announced that New York confiscated $6.6 million in illicit tobacco products and arrested 85 alleged smugglers in ...

Trump's Inaugural Committee Paid $26 Million to Firm of First Lady's Adviser - New York Times

Thu, 02/15/2018 - 09:00

New York Post

Trump's Inaugural Committee Paid $26 Million to Firm of First Lady's Adviser
New York Times
WASHINGTON — President Trump's inaugural committee paid nearly $26 million to an event planning firm started by an adviser to the first lady, Melania Trump, while donating $5 million — less than expected — to charity, according to tax filings ...
Trump inaugural committee paid Melania pal's firm $26MNew York Post
2 firms paid $50 million by Trump inaugural committeeNew York Daily News

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NY Voters Hit Cuomo on Transit, Payroll Tax, Ethics - Newsmax

Thu, 02/15/2018 - 08:16

Newsmax

NY Voters Hit Cuomo on Transit, Payroll Tax, Ethics
Newsmax
New York State voters disapprove 41-29 percent of Gov. Cuomo's idea to replace the state income tax with a payroll tax to reduce the impact on New Yorkers of President Donald Trump's new federal tax law. Voters say 50-42 percent that Gov. Cuomo and the ...
Cuomo's SALT remedy doesn't cure NY's spending problem (Commentary)Syracuse.com
Should NY keep spending $50M a year on promotional TV ads?Rochester Democrat and Chronicle
Leonard Quart | Letter From New York: NY Gov. Andrew Cuomo: A ruthless and shrewd politicianBerkshire Eagle
North Country Public Radio -ClickLancashire
all 53 news articles »

DealBook Briefing: How Hedge Funds Found a New Tax Loophole - New York Times

Thu, 02/15/2018 - 05:43

New York Times

DealBook Briefing: How Hedge Funds Found a New Tax Loophole
New York Times
So is it picking up on an inflationary surge that the Federal Reserve likely will take too long to recognize? But the overheating fears may be overdone. Yesterday's January inflation report was hardly conclusive. Michael Feroli, an economist at ...

Cuomo's SALT remedy doesn't cure NY's spending problem (Commentary) - Syracuse.com

Thu, 02/15/2018 - 05:34

Syracuse.com

Cuomo's SALT remedy doesn't cure NY's spending problem (Commentary)
Syracuse.com
This commentary is adapted from a longer post on the center's NY Torch blog. By E.J. McMahon. Gov. Andrew Cuomo's proposal for an optional employer payroll tax, rolled out this week as an amendment to his fiscal 2019 Executive Budget, looks like a ...

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