Governor Kathy Hochul addressed the economic challenges facing New Yorkers during her State of the State address on Tuesday, focusing on measures to alleviate financial burdens for middle-class residents. Hochul has proposed a tax cut aimed at … [Read more...]
Gov. Hochul Proposes Expanding Empire State Child Tax Credit
Governor Kathy Hochul is proposing expanding the Empire State Child Tax Credit. Unveiled as a preview of her upcoming 2025 State of the State address, the plan would pay as much as $1,000 per child up to age 3, and $500 for kids aged 4 to … [Read more...]
Child Tax Credit Payments Mailed Out In NYS
Low and moderate income families will start receiving Child Tax Credit payment checks this week in New York State. Governor Kathy Hochul announced that the state has officially started issuing approximately $350 million in supplemental payments … [Read more...]
April 18 is Tax Day
April 18 is your final day to file taxes for 2021 without an extension. While April 15 is usually the due date, tax payers got a couple more days to file because of the Emancipation Day holiday in the District of Columbia. One major change for … [Read more...]
With the IRS Under a Backlog, Taxpayers Encouraged to Submit Tax Returns as Soon as Possible
With the IRS suffering a backlog of cases, Congressman Tom Reed is encouraging residents to get their tax returns filed as soon as possible. Reed, in his weekly media call, said January 24 was the first day taxpayers could file and that he … [Read more...]