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Professional Tax Help in New York: Taxpayers Facing Tax Audits, Back Taxes, and 941 Payroll Tax Problems

MyIRSRelief

New York is known for being a hub of commerce, culture, and innovation, attracting businesses and individuals from all over the world. In these situations, seeking professional tax help in New York can make a significant difference in resolving your tax problems and avoiding legal and financial consequences.

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New York Minimum Wage to Increase Starting in 2024

CPA Practice

The minimum wage will increase to $16 an hour in New York City and Westchester, Nassau and Suffolk counties and to $15 an hour in all other areas of the state on Jan. For Upstate New York, that’s an increase of 5.6% The raises could be stopped in any year when the inflation index shows prices are falling, the News said.

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New York Business Stifled Due to Federal Research Capitalization Rules

Withum

Whether it is manufacturers, clothing designers, software developers, plant breeders, winemakers, or engineers, businesses across New York State are shocked to hear how significantly their federal tax bills are increasing for the 2022 taxable year even when their earnings remain the same.

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California and New York Are Losing More Residents to Low-Tax States, IRS Says

CPA Practice

That idea is supported by migration data, recently released by the IRS, showing that taxpayers are leaving notoriously high-tax states like California and New York and choosing to live instead in low-tax states. New York and California gained some residents, but far fewer than the numbers lost. billion in AGI to Texas.

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CLA Expands in New York Via Acquisition

CPA Practice

CLA also has an office in New York City. Founded in 1979 by Alan Richards and Robert Witt, the medium-sized, niche-based accounting firm specializes in new and used automobile dealerships and restaurants, as well as services for small business clients, in the New York Tri-State area. 18, were not disclosed.

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Accounting Summer Camp is a Thing in New York

Going Concern

High school students in the state of New York have the chance to participate in the Career Opportunities in the Accounting Profession program this summer, the deadline to apply is Friday, June 23, 2023 at 11:59pm which you can do at this link. The post Accounting Summer Camp is a Thing in New York appeared first on Going Concern.

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Nurturing Biotech Companies in New York

Shay CPA

An Overview of START-UP NY, QETC, and Life Sciences R&D Tax Credit Program New York has long been a global hub for finance, fashion, and food. A QETC is defined as a company located in New York State with total annual product sales of $10 million or less. The credit is available for three consecutive years.