Taxes
Governor Hochul signed new legislation (S.8718/A.9424) to extend the deadline to apply for tax exemption on renovations to or the reconstruction of residential properties affected by Superstorm Sandy.
Governor Hochul announced the opening of the initial intake tool to help small businesses determine their eligibility for the COVID-19 Capital Costs Tax Credit Program.
Governor Hochul announced the suspension of certain taxes on motor fuel and diesel motor fuel takes effect today, Wednesday, June 1, 2022.
"Though I am disappointed in the U.S. Supreme Court's decision, I can't give up on fighting for New York families and the tax relief they deserve."
Governor Hochul announced multiple tax relief investments in the historic FY 2023 Budget.
La gobernadora Hochul alentó a los neoyorquinos a aprovechar el software Free File, el cual puede ayudar a millones de contribuyentes a reclamar valiosos créditos fiscales sin el costo de contratar a un preparador de impuestos pagado.
Governor Hochul encouraged NYers to take advantage of Free File software, which can help millions claim valuable tax credits without the cost of hiring a paid tax preparer.
Governor Hochul announced new efforts to deliver tax relief for thousands of small businesses and millions of middle class New Yorkers as part of the 2022 State of the State.
Governor Hochul announced Cayuga, Chemung, Clinton, Columbia, Dutchess, Erie, Madison and Niagara Counties together received a total of more than $2.7 million in state matching funds via the County-Wide Shared Services Initiative (CWSSI).
New York Governor Hochul and New York Attorney General James announced that New York, Connecticut, Maryland, and New Jersey filed a petition for certiorari to the U.S. Supreme Court to continue their lawsuit against the federal government for its unlawful and unprecedented cap on the deduction for state and local taxes, known as SALT.