Tag: Income tax

Just in time for tax season, New York State's tax agency just lost a major legal challenge to its policy of pursuing maximum income tax payments from wealthy vacation homeowners—even when they live elsewhere. Read More

Average daily office occupancy in New York City has bounced back from 2020-21 lows, but by most accounts remains well below pre-pandemic norms. Read More

With inflation rampaging, the seven-percent increase in key federal tax code thresholds is the biggest one-year hike since key aspects of the IRS code were indexed to inflation. Read More

Gov. Kathy Hochul, who hasn’t proven shy about issuing orders, had one for the state’s Republicans this week Read More

New York was a net loser of income tax filers to other states even in the five years leading up to the pandemic disruption of 2020 Read More

Governor Hochul’s executive budget risks accelerating the trend of high-earning New Yorkers fleeing the state. Read More

Presented to the Joint Legislative Fiscal Committees February 16, 2022 Governor Hochul’s budget plan is buoyed by a revenue surge attributable Read More

While the power from these new projects will go directly into the City, all New York utility users will help pay for them through their utilities’ purchases of renewable energy credits.   Read More