Governor Kathy Hochul released the proposed Fiscal Year 2026 New York State Executive Budget on January 21, 2025 (FY 26 ...

A change in New York state law allows local communities to give tax breaks to homeowners who build accessory dwelling units, also called “granny flats.” ...

To file for an extension on your state income tax, fill out the appropriate form - Form IT-201 for New York residents' personal tax returns. Completing the form will give filers another six months to ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

Finance Minister Nirmala Sitharaman announced in Budget 2025 the relaxation of conditions for making any two houses self-occupied properties in income tax rules. As per the announcement made in the ...

She also said during her Budget speech in the Parliament that an annual income of Rs 12 lakh will attract no tax. Hours after her speech, she addressed a press conference on the Budget ...

Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...

She raised the starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax bill next week. “The new structure will substantially reduce the taxes ...

(WBKO) - The Internal Revenue Service celebrates the launch of the Earned Income Tax ... the Child-related Tax Benefits Comparison page to learn more about basic eligibility rules for the EITC ...