Taxation | The Buffalo Herald

Payroll tax deferral could be more complicated than it sounds

BY ALAN D. VIARD On Saturday, President Donald Trump signed a memorandum directing the Treasury Department to allow employers to defer their employees’ Social Security payroll taxes. The administration claims legal authority to take this step under the law that empowers Treasury to defer

Assembly unanimously passes legislation to end ‘dark store’ assessment challenges

Bill would ensure assessors follow common sense guidelines when utilizing assessment methods. Assemblyman Ken Zebrowski announced the Assembly unanimously passed his legislation that would establish clear and unambiguous guidelines for assessors to utilize when formulating assessments (A4752-C). This bill is

Higgins announces committee approval of legislation reversing SALT cap

Legislation Reinstates Deduction Taken from Homeowners in 2017 GOP Tax Bill; Full House Vote Expected Next Week Congressman Brian Higgins (NY-26) and his colleagues on the House of Representatives Committee on Ways and Means approved the Restoring Tax Fairness for

Property tax bills vary widely across New York State

Residents of the Mid-Hudson village of Liberty had the highest effective property tax rate in New York (outside New York City and Nassau) during fiscal year 2019, according to the newest edition of Benchmarking NY, the Empire Center’s annual examination of local property

Empire Center ranks local taxes, spending, and debt across New York

This week, the Empire Center for Public Policy released its annual Benchmarking New York report, comparing and ranking government tax, spending and debt levels for hundreds of counties, towns, cities and villages throughout New York. The Center also updated its unique Benchmarking New York web

SALT lawsuit swept aside by a federal judge

BY E.J. McMAHON In what could rank among the least surprising federal court rulings of this or any year, a U.S. District Court judge in Manhattan has rejected New York’s constitutional challenge to the state and local tax (SALT) deduction cap