ALBANY - Governor Andrew Cuomo on Sunday said he will issue a new COVID-19 Executive Order that requires employers to provide essential workers with cloth or surgical masks - free of charge - to wear when directly interacting with the public. New … [Read more...]
IRS Issues New Regulations to Halt NY State Workaround of Federal Cap on SALT Deductions
ALBANY - The Internal Revenue Service says the workarounds New York, New Jersey and Connecticut approved following the new federal cap on deductions for state and local taxes (SALT) aren't acceptable to the federal government. Taxpayers who … [Read more...]
IRS Challenges State’s Effort to Circumvent New Federal Cap on SALT Deductions
WASHINGTON - There's a new challenge for New York State and others that have tried to do an end-around regarding the new federal tax law that was recently approved in Washington. New York State is one of several states that have moved to let … [Read more...]
