Main Office: 716.633.1373 | Lockport: 716.438.2190

Blog

Category: New York State

March 7, 2024

New York State Small Business Subtraction Modification

The small business subtraction modification is a considerable benefit for New York State tax…

General Business, New York State, Small Business, Tax

December 27, 2023

Payroll Tax Reminders

NYS Paid Sick Leave: New York’s paid sick leave law requires employers to provide…

1099, General Business, New York State, Paid Family Leave, Payroll, Small Business, W-2

March 1, 2023

NYS Enhanced STAR Exemption #2

You may have recently received a notification letter, Form RP-425-MBE from the New York…

Living in NYS, New York State, Retirement, STAR Exemption/Enhanced STAR

November 16, 2022

Federal Unemployment Tax Increasing in New York State and Others #2

On November 10, 2022, the United States Department of Labor announced that California, Connecticut,…

Accounting, Credit Reduction States, Federal Unemployment Tax, General Business, Human Resources, New York State, Small Business, Tax

October 28, 2022

Applications Now Being Accepted for NY COVID-19 Capital Costs Tax Credit Program #2

NY Gov. Kathy Hochul announced this week that applications are now being accepted from…

COVID-19, New York State, News, Tax Credits, Tax Relief

July 7, 2022

New York State Pass-Through Entity Tax (PTET) Update #2

New York State’s fiscal year 2022-2023 State Budget Bill and recent legislative amendments contain…

General Business, New York State, Pass-Through Entity Tax (PTET), Small Business, Tax

March 13, 2022

Pass-Through Entity Tax: 2022 Annual Election and Quarterly Estimates #2

The new New York State pass-through entity tax (PTET) is an optional tax that…

New York State, Small Business, Tax, Tax

March 13, 2022

New York Expands Excelsior Jobs Program for Green Projects #2

The New York budget legislation enacted in 2021 included an expansion of the Excelsior…

General Business, New York State, SALT, Tax Credits, Tax Incentives

January 7, 2022

NYS Pass-Through Entity Tax: Next Steps

By Joseph M. Becht, CPA, CGMA, Senior Manager The pass-through entity tax (PTET) created…

New York State, SALT, Small Business, Tax

August 11, 2021

New – NYS Passthrough Entity Tax, a Workaround for the SALT Cap: Is it Right For Your Business?

The 2021-22 New York State budget legislation includes a Passthrough Entity (PTE) tax as…

New York State, News, SALT, Tax