Many students take a job in the summer after school lets out. If it’s your first job it gives you a chance to learn about the working world. That includes taxes we pay to support the place where we live, our state and our nation.
TODAY’S FORECAST: Wednesday: Sunny. High near 50. Winds N at 15 to 25 mph. Wednesday night: Clear skies. Low 36. Winds NE at 10 to 15 mph.
TODAY’S FORECAST: Monday: Mostly sunny. Temps nearly steady in the mid 30s. Winds WNW at 20 to 30 mph. Monday night: Some clouds this evening will give way to mainly clear skies overnight. Low 22. Winds WNW at 10 to 20 mph.
A Whitestone man has confessed to duping the state out of $335,000 in taxes, Nassau County District Attorney Kathleen Rice said. Joseph Caraccia, 65, who owns two Great Neck auto body repair shops, pleaded guilty last week to larceny charges for collecting but failing to remit taxes between 2009 and 2012.
With the New Year come new tax laws. For most taxpayers with modified adjusted gross incomes (MAGI) under $200,000 (single) and $250,000 for married couples filing jointly- income tax rates won’t increase; and most tax-relief provisions remain in effect. Here is a summary of major tax provisions that could impact you and your family.
The tax filing season is just around the corner. The IRS offers tips for taxpayers still working on their returns. File electronically. IRS e-file is safe, easy and the most common way to file. E-file is now the norm; not the exception. In 2011, nearly 110 million people used e-file to transmit their returns. If [...]
TODAY’S FORECAST Friday: Scattered showers and thunderstorms, mainly after 5 p.m. Mostly sunny, with a high near 92. Southwest wind 7 to 13 mph. Chance of precipitation is 30 percent. Friday Night: Showers and thunderstorms likely, mainly between 9 p.m. and 1 a.m. Mostly cloudy, with a low around 69. Chance of precipitation is 60 percent. EVENT [...]
BY BARRY LISAK The first step to filing your federal income tax return is to determine which filing status to use. In other words, two people making exactly the same amount of income could have different tax calculations due solely to a difference in their filing status. Your filing status is used to determine your [...]
Assemblymember Mike Miller announced that the assembly has passed “historic legislation” that will help working families in New York by cutting taxes and creating jobs. Miller said the agreement ensures millionaires and billionaires pay their fair share, something the assembly majority has fought for. “Working with the governor, we have progressively reformed the tax system [...]
Occupiers, socialists and progressives believe that the disparity of wealth and incomes in our society is the result of a nefarious conspiracy, and that the role of government is to equalize incomes so we can all live like Bill Gates and Donald Trump. They are oblivious to the fact that the government can redistribute only [...]