Tag Archives: NYC
Pre Pandemic activities becoming normal again, NY Sales Tax Soaring
Sales tax for the 3rd quarter increased this year in New York by double-digit percentages. A large reason for that is a lot of pre-pandemic activities in New York City, like going to see shows at the theater and … Continue reading
New York’s Tax Revenue Higher than Anticipated
According to New York State’s Comptroller Tom DiNapoli, New York has raked in roughly $2.5 billion in tax revenue during the first 6 months of the fiscal year. This is a much higher number than the state previously forecasted. New … Continue reading
NYC’s Yellow Taxi Medallion Owners To Receive Debt Relief Next Month
For decades, the yellow cabs seen driving around the streets of New York City have almost become something of a tourist attraction for some people. Seemingly endless amounts of individuals flood the streets looking to pick up passengers and get … Continue reading
Mayor Eric Adams Signs Bill That Provides Property Tax Rebate for NYC Homeowners
Earlier this week, New York City Mayor Eric Adams enacted a one-time tax rebate for eligible NYC homeowners. The $150 rebate is aimed to assist low-income and middle-income homeowners that have been burdened by extremely high property taxes in the … Continue reading
NYC Takes Tax hit from Bear Market
As of the last couple of months, the stock market has taken a massive decline, seeing the S&P 500, and DOW Jones, among other being down week after week. NYC’s estimated personal income-tax payments in June declined to their … Continue reading