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DiNapoli: NYC's Property Tax Bills Rise Along With Burden on Working- and Middle-Class Homeowners
… The State Comptroller determined this was due in part to market volatility and aspects of how the city calculates … property taxes. “New York City’s residential real estate market has proven resilient to the pandemic as prices remain … 11% since fiscal year 2021, but not in Manhattan, which is home to some of the city’s most expensive residential real …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-nycs-property-tax-bills-rise-along-burden-working-and-middle-class-homeownersState Agencies Bulletin No. 2169
… should be accurately and timely completed, and submitted for any personal services which include income earned while … states that an employee must complete a separate Form 8233 for each: Tax year (being sure to specify the tax year in the … These changes are intended to end any treaty benefits for a subsequent calendar year when the current Form 8233 has …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2169-new-program-and-control-d-report-ensure-accurate-form-8233-tax-treatyState Agencies Bulletin No. 1542
… Purpose To inform agencies of the updated IRS tax withholding requirements for 2017 and other related topics. Affected Employees Employees … as explained in this bulletin Effective Date(s) New tax withholding rates will be reflected in Institution … To inform agencies of the updated IRS tax withholding requirements for 2017 and other related topics …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1542-summary-tax-related-changes-2017State Agencies Bulletin No. 778
… Whether to withhold at the single rate or at the lower married rate. How many withholding allowances you claim …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/778-fixed-amounts-tax-withholdingState Agencies Bulletin No. 1297
… Purpose To inform agencies of the updated IRS tax withholding requirements for 2014 and other related topics. Affected Employees Employees … as explained in this bulletin Effective Date(s) New tax withholding rates will be reflected in Institution … To inform agencies of the updated IRS tax withholding requirements for 2014 and other related topics …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1297-summary-irs-tax-related-changes-tax-year-2014Payroll Improvement Project Bulletin No. PIP-016
… Update Required 670 SUNY ORP Before Tax EE Before Tax ER Non-taxable Percent of Earnings ORP/VDC Savings Plan No … by Benefit Plan 671 SUNY ORP After Tax EE After Tax ER Non-taxable Percent of Earnings ORP/VDC Savings Plan No … by Benefit Plan 672 SUNY ORP Suspense EE Before Tax ER Non-taxable Percent of Earnings ORP/VDC Savings Plan No …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-016-new-and-changing-deduction-codes-payserv-92State Agencies Bulletin No. 1800.1
… Payroll Bulletin 1800 Purpose The purpose of this bulletin is to inform agencies of the new Federal Form W-4, Employee’s Withholding Certificate, and the update … be Single with no additional adjustments. The new form W-4 is available on Payroll Online. Agencies are reminded that …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18001-2020-form-w-4-employees-withholding-certificate-and-payserv-federalDiNapoli Releases July State Cash Report
… income tax collections increased $88.2 million in July from a year earlier, helping lift the state’s total tax … year that personal income tax collections outpaced those from last year, which is a positive development," DiNapoli … billion, an increase of $666.9 million or 1.4 percent from a year earlier. All Funds receipts were $118.9 million …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportState Agencies Bulletin No. 1892
… Contribution Limits on Pension/Retirement Plans 403(b) and 457 Deferred Compensation The annual limit has remained the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1892-summary-tax-related-changes-2021Adult-Use Cannabis (AUC)
… The Marihuana Regulation and Taxation Act (MRTA) was signed into law on March 31, 2021, legalizing adult-use cannabis … revenue for counties and New York City into the same bank account in which sales tax distributions are deposited. … these funds distributed to a separate bank account should log into the Statewide Financial System (SFS) Vendor …
https://www.osc.ny.gov/local-government/resources/adult-use-cannabis-aucXIII.6 Potential Tax Consequences of Assigning an Incorrect Official Station – XIII. Employee Expense Reimbursement
… Generally, the State pays for expenses incurred when an employee travels on official State business. In some instances, these expenses … liability can be substantial. This generally occurs when an employee travels repeatedly to the same location over an … Generally the State pays for expenses incurred when an employee travels on official State business …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii6-potential-tax-consequences-assigning-incorrect-official-stationState Agencies Bulletin No. 2001
… group who need to file a tax return in 2022 will need to renew their ITINs. The renewal period began October 1, 2021. … IRS Form W-7. The IRS will contact those who need to renew their ITINs, indicating whether they need to file a tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2001-summary-tax-related-changes-2022Total Receipts – 2022 Financial Condition Report
… and changes in federal and State policies. Tax base is a measure of the State’s ability to generate revenue. A … receipts increased 52.8 percent. Personal Income Tax and Consumer Tax Receipts Have Increased Over the Past Five … Years Personal income tax and consumer (consumption and use) taxes: Accounted for 37.0 percent of 2022 receipts; and …
https://www.osc.ny.gov/reports/finance/2022-fcr/total-receiptsTotal Receipts – 2023 Financial Condition Report
… and changes in federal and State policies. Tax base is a measure of the State’s ability to generate revenue. A … receipts increased 46.0 percent. Personal Income Tax and Consumer Tax Receipts Have Increased Over the Past Five … Years Personal income tax and consumer (consumption and use) taxes: Accounted for 34.1 percent of 2023 receipts; and …
https://www.osc.ny.gov/reports/finance/2023-fcr/total-receiptsTotal Receipts – 2021 Financial Condition Report
… and changes in federal and State policies. Tax base is a measure of the State’s ability to generate revenue. A …
https://www.osc.ny.gov/reports/finance/2021-fcr/total-receiptsState Agencies Bulletin No. 434
… the Central Accounting System. A separate refund check is then mailed to the requesting agency. Seven new Earnings … These checks will be sent to the agency where the employee is currently or most recently employed. No deductions will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/434-new-earnings-codes-tax-refunds-processed-through-payservDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… over $2 billion higher than forecast by the Division of the Budget (DOB) in the most recent financial plan, … in additional receipts above DOB estimates through the end of SFY 2024-25. Tax collections for SFY 2023-24 were $5.2 … collections outpaced forecasts,” DiNapoli said. “The pace of inflation and Federal Reserve Board interest rate …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24New York Youth Jobs Program
… of Labor (Labor) is ensuring that employers meet New York Youth Jobs Program (Program) eligibility … which was established in 2011 under section 25-a of the New York State Labor Law (Law) and known formerly as both the New York Youth Works Program and the Urban Youth Jobs …
https://www.osc.ny.gov/state-agencies/audits/2019/01/09/new-york-youth-jobs-programOpinion 88-10
… issues discussed in the opinion. TAXES -- Gross Receipts Tax (liability of municipality for) PUBLIC CONTRACTS -- Modification (addition of amount of gross receipts tax on petroleum products) TAX LAW, §300 et seq .; GENERAL MUNICIPAL LAW, §103: A … line item on his bill an amount for the gross receipts tax on petroleum products …
https://www.osc.ny.gov/legal-opinions/opinion-88-10DiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… to lose more than $72 billion in reported deductions for income and property taxes if proposals to change the federal tax code are implemented, according to a report issued today … the number of tax brackets, but doesn't specify the income levels at which such brackets would apply. The …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-plan