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TAX LAW NEWS - TAX LITIGATION
From the daily archives:
Certain purchases exempt from state tax; second tax holiday comes in October
The back-to-school tax holiday runs from July 31 through Aug. 3. Certain school supplies including clothing, footwear, computers and computer-related accessories are exempt from state sales tax during this time.
From Oct. 2-5, the purchase of energy- or water-efficient products with a sales price of [...]
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New York City property tax owners will find out over the next few months whether they will get a 7 percent property tax cut for the second year in a row, Mayor Michael Bloomberg said on Monday.
New York City’s economy is sliding with Wall Street’s profits and the independent mayor tried but failed to persuade [...]
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George Bush will leave his successor with the highest national debt in US history, the White House announced today.
The American budget deficit is projected to reach $482bn next year, breaking the previous record high of $413bn set in 2004. White House officials blamed the sagging economy for the new deficit figure, which does not reflect [...]
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