Tag Archives: rebate
IRS Announcement – Certain State Rebates & Payments Don’t Need to be Reported
Last week was frustrating for both filers and tax professionals. The reason for this frustration stems from tax filings being held up, due to the federal tax statuses of certain state payments. These special state payments were made by 21 … 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
New York State To Mail Out Homeowner Tax Rebate Credit Checks
Homeowners in New York State should start checking their mail for a homeowner tax rebate credit. The one-year program was implemented by the state to give homeowners some property tax relief in 2022. The checks were originally scheduled to roll … Continue reading