Tag Archives: relief
Tax Deadline Extended For Taxpayers in Certain Disaster Areas
Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Previously, the deadline … Continue reading
State Senators to Reintroduce Restaurant Revitalization Tax Credit
Sens. Ben Cardin (D-Md. ), Sherrod Brown (D-Ohio) and Patty Murray (D-Wash.) are reintroducing the Restaurant Revitalization Tax Credit Act to the new 118th Congress. The legislation would create a special tax credit for those who applied for and were … Continue reading
Didn’t Receive the 2022 New York Stimulus Check? Here’s Why
Almost 2 million New York residents were eligible for a relief check from the state’s Department of Taxation and Finance in October, however, many residents are still waiting for their checks. The state began mailing the $270 checks on October … Continue reading
Florida to Enact Gas Tax Holiday Amid Ian Disaster, Among Other IRS Relief
Late last week, a devastating natural disaster, Hurricane Ian stormed its way up the coast of West Florida devastating almost everything in its path. The category 4 hurricane brought heavy rain and 150+ MPH winds, flooding the streets and homes … Continue reading
Victims Of Hurricane Fiona Qualify For Tax Relief Throughout Puerto Rico
Earlier this week, a category 4 hurricane charged up the Caribbean coast devasting all 78 of Puerto Rico’s Municipalities and leaving the entire island without power. The IRS is offering relief which includes the suspension of various federal individual and … Continue reading
Governor Hochul Announces Additional Relief For Low-Income New Yorkers
This past year has been tough on many New Yorkers as well as Americans across the country with the rapid increase in inflation. Additionally, with large increases in gas prices, fueling up took a toll on the wallets of … 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
Older New York Homeowners Could See Some Tax Relief
New York Governor Kathy Hochul approved important legislation this past Monday that would provide some expanded tax relief to older homeowners in the state. This new measure will allow residents outside of New York City and over the age of … Continue reading