To calculate the amount of sales tax to charge in New York City, use this simple formula: Sales tax = total amount of sale x sales tax rate (in this case 8%). Or to make things even easier, input the NYC minimum combined sales tax rate into the calculator at the top of the page...
Associated PressMarch 5, 2025 As Many Top Democrats Stay Silent on Cuomo Mayoral Run, an Accuser Feels Betrayed Lindsey Boylan helped drive Andrew Cuomo from office in 2021 when the former aide came forward as the first woman to accuse the governor of sexual harassment ...
NYC facing tax rate quandary. (New York, New York)Weiss, Lois
Invests in New York municipal bonds through a flexible investment approach seeking to manage interest rate risk and credit risk while provide a compelling combination of attractive tax-advantaged income, returns and meaningful downside protection. For mo
New York's overall real estate tax rate stands at 1.64%. Additionally, the annual taxes that an average home valued at $281,900 would be $4,626. Read More:We Now Know How Much City Taxes Will Go up in Utica The median home value in New York State is roughly $384,000 and that me...
New Jersey is making it easier for people with a gambling problem to ban themselves from casinos Associated PressDec. 18, 2024 Atlantic City Mayor Indicted for Allegedly Asking His Daughter to Recant Claims That He Abused Her Atlantic City Mayor Marty Small has been indicted on a witness tamper...
It’s a pattern that reveals inequality as well as wealth: The district with the lowest income tax revenue in the US in 2022, New York’s 15th in the South Bronx, was just across the Hell Gate span of the Robert F. Kennedy Bridge (formerly the Triborough) from the district with the...
This week, New York City Council Speaker Adrienne Adams announced that she created a committee to run for mayor in what is already a large field of Democratic candidates, including current mayor Eric Adams, city Comptroller Brad Lander, former city Comptroller Scott Stringer, Assemblymember Zohran...
Between 1957 and 1961, the state’s top income tax ratedoubledfrom 7 percent to 14 percent. In 1966, New York Cityadopted a local income tax, a levy that now has a top rate of nearly 4 percent. Those two changes obviously made the state and the city much less attractive to investors...
These corporate franchise tax changes are expected to raise $750 million in FY 2022 and $1 billion in FY 2023. New Elective Pass-Through Entity Tax A new elective pass-through entity (PTE) tax was enacted for years beginning on or after January 1, 2021, with a 6.85% tax rate for taxab...