Mayor de Blasio and City Council Speaker Johnson announced the formation of a new advisory commission to develop recommendations to reform New York City’s property tax system.
Mayor de Blasio spoke live on City Hall to discuss recent crime statistics regarding rapes, the effectiveness of stop and frisk policing, and a report from the New York Times alleging tax fraud from the Trump family.
The Department of Consumer Affairs (DCA) Commissioner Lorelei Salas, in collaboration with the Department of Education’s network of community schools, announced the first NYC Free Tax Prep-a-Thon, a 12-hour tax filing marathon and resource fair.
DATA TABLES: We have updated the fiscal history section of our website with new data on New Yorkers’ income and personal income tax liability. The new data, the latest available, covers tax years 2017 and 2018.
Pursuant to the power vested in the Commissioner of Finance the Admin. Code of the City of New York, notice is hereby given of the interest rates to be set for the period January 1, 2019 through March 31, 2019 for underpayments and, where applicable, overpayments of NYC income and excise taxes
The Hotel Room Occupancy Tax must be paid on the occupancy, or the right of occupancy, of a room or rooms in a hotel. A “hotel” is a building or part of it that is regularly used for the lodging of guests.The occupancy tax year is March 1 to the last day of February of the following year.
This memorandum provides a procedure for withdrawing the commonly owned group election made on a tax year 2015 or 2016 Form NYC-2A, Combined Business Corporation Tax Return.
Pursuant to the power vested in the Commissioner of Finance, notice is hereby given of the interest rates to be set for the period July 1, 2018 through September 30, 2018 for underpayments and, where applicable, overpayments of New York City income and excise taxes.
This Memorandum addresses the recognition of income that a taxpayer has deferred pursuant to section 409A of the Internal Revenue Code of 1986, as amended (the “IRC”), and explains how the taxpayer should report the income for UBT purposes.