The Appellate Division of the New York State Supreme Court confirmed a contractor’s purchase of concrete was not exempt from the New York State sales and use tax. M & Y Developers, Inc....
Continue ReadingThe Appellate Division of the New York State Supreme Court confirmed a contractor’s purchase of concrete was not exempt from the New York State sales and use tax. M & Y Developers, Inc....
Continue ReadingNew York State COVID-19 Capital Costs Tax Credit Program Now Available Until Program Funds are Exhausted If you are an independently owned and operated business in New York State that...
Continue ReadingWhen the New York State budget was passed this spring, there were numerous law changes included that will affect farmers in New York State. While some of them are certain to be less...
Continue ReadingA Renewed Tax Headache for Your Manufacturing or Distribution Business? At the end of 2021, effective July 1, 2022, the Infrastructure Investment and Jobs Act reinstated long dormant...
Continue ReadingYet another unpleasant side effect of the COVID-19 pandemic and the ongoing battle with its variants is the potential state income/franchise, sales, and payroll tax consequences related to...
Continue ReadingSALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York Effective for tax years beginning on or after January 1, 2021, The New York State pass-through entity tax (PTET)...
Continue Reading