The 2015-2016 New York State budget (Part T of Chapter 59 of the Laws of 2015) made significant changes to the definition of investment capital under Article 9-A of the Tax Law that are effective for tax years beginning on or after January 1, 2015. One of the amendments requires that stock acquired on or […]
New York
New York State Tax Department: Quarterly interest rates for April 1, 2014 through June 30, 2014.
Quarterly interest rates applicable to overpayments (refunds) and underpayments (late payments and assessments) for April 1, 2014 through June 30, 2014. The New York State Tax Department establishes interest rates quarterly. Rates are only effective for the time period specified. Period: 04/01/14 – 06/30/14 Interest rate per annum compounded daily Commonly viewed tax types Refunds […]
New York State Individual Tax Return Forms 2013 (Residents and Non-residents)
Full-Year New York State resident forms and instructions IT-201 Resident Income Tax Return and instructions (including IT-201-ATT and IT-201-D instructions) IT-201-ATT Other Tax Credits and Taxes – Attachment to Form IT-201 IT-201-D Resident Itemized Deduction Schedule IT-201-V Payment Voucher for Income Tax Returns Income tax highlights for 2013 General changes for 2013 Form IT-201-V required if […]
2012 New York State Individual Tax Return Forms
You must file a New York State income tax return if you’re a New York State resident and are required to file a federal return. You may also have to file a New York State return if you’re a nonresident of New York and you have income from New York State sources. New York […]
NYS-45, IT and Other Forms for 2013
IT-2104 (Fill-in) Instructions on form Employee’s Withholding Allowance Certificate IT-2104-E (Fill-in) Instructions on form Certificate of Exemption from Withholding. IT-2104-IND (Fill-in) Instructions on form New York State Certificate of Exemption from Withholding (Native Americans) IT-2104-MS (Fill-in) Instructions on form New York State Withholding Exemption Certificate for Military Service Personnel IT-2104-P (Fill-in) Instructions on form Annuitant’s […]
Hurricane Sandy Tax Relief – Filing and Payment Deadline Extension Eligibility – New York State
Extended deadlines apply to taxpayers, tax professionals, and relief workers directly affected by Hurricane Sandy. N-12-11 Announcement Regarding Hurricane Sandy N-12-12 Additional Relief for Employers Affected by Hurricane Sandy N-12-10 Special Waiver of Highway Use Tax and IFTA Credentials Related to Hurricane Sandy Disaster Relief Efforts Deadlines have been postponed for the period beginning on […]
2012 Metropolitan commuter transportation mobility tax (MCTMT) changes
Employers Beginning with the second quarter (4/1/12–6/30/12), if your payroll expense for the quarter: Is $312,500 or less, you’re not subject to the MCTMT for that quarter. Exceeds $312,500, use the appropriate rate shown below. Payroll expense MCTMT Rate Over $312,500 but not over $375,000 .11% (.0011) Over $375,000 but not over $437,500 .23% (.0023) […]
Form MTA-6, Metropolitan Commuter Transportation Mobility Tax Return For Self-Employed Individuals (including partners)
Link to Form MTA-6 Individuals with net earnings from self-employment General Individuals (including partners in partnerships and members of LLCs that are treated as partnerships for federal income tax purposes) who have net earnings from self-employment allocated to the MCTD are subject to the MCTMT. However, if your total net earnings from self-employment allocated […]
New York State: June 15, 2012 due date for corporation tax estimated taxpayers
Most taxpayers are mandated to Web File the following corporation tax forms. You’ll need to create an Online Services account or file through approved software. CT-400, Estimated Tax for Corporations CT-5, Request for Six-Month Extension to File (franchise/business taxes, MTA surcharge, or both) CT-5.3, Request for Six-Month Extension to File (for combined franchise or combined […]
Legislative Amendments to the New York Youth Works Tax Credit Program (May 4, 2012)
Legislative amendments to the New York Youth Works Tax Credit Program enacted as part of the 2012-2013 New York State budget (Chapter 59 of the Laws of 2012) that was signed into law on March 30, 2012. The New York Youth Works Tax Credit Program was established by Chapter 56 of the Laws of 2011 […]