Category Archives: Taxes

‘Circuit breaker’ won’t fix New York’s property tax problem

As printed in today’s Buffalo News… Gov. Andrew M. Cuomo has rightfully focused on New York’s property tax burden since taking office. We were pleased to work in tandem with the administration in implementing both the highly touted property tax … Continue reading

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Spending Cap Will Ensure Tax Cuts Come To Fruition

The National Federation of Independent Business (NFIB), which supports most of Governor Cuomo’s tax cut proposals, today said the best way to ensure their full implementation is to cap state spending increases at two percent. “The Governor’s budget assumes that … Continue reading

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Estate Tax Reform a Big Deal for NY’s Small Business Owners

Governor Cuomo included a tax cut package in his executive budget proposal unveiled in January as a nod to struggling businesses in New York State. The package includes several components that are similar to those in the NFIB/NY Legislative Agenda … Continue reading

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NFIB/NY Testifies on the State Budget

2014 Legislative Public Hearing on 2014-15 Executive Budget Proposal – Taxes  NFIB/NY State Director Michael Durant February 10, 2014 Good morning. First, let me thank you Senator DeFrancisco and other members of this joint committee, for allowing me to be … Continue reading

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Worker Misclassification: Increased Audits and Penalties in New York State

New York State employers should be vigilant about the proper classification of workers as employees or independent contractors on a go-forward basis. Although businesses already may be aware of the 2007 Questionable Employment Tax Practices (QETP) state-federal initiative to crackdown … Continue reading

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NFIB/NY Responds to Governor Cuomo’s Budget Proposal

“New York’s small business owners are encouraged that the Governor’s Executive Budget proposal continues to promote fiscal responsibility and incorporates components of our small business agenda. “Governor Cuomo has rightfully focused on reducing New York’s sizable tax burden this year.  … Continue reading

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Governor Cuomo’s State of the State Address – What Small Business Needs to Know

Yesterday, Governor Cuomo delivered his fourth State of the State address.  It was a panacea of  proposals covering the entire spectrum of public policy.  NFIB/NY’s response was generally positive and receptive to the tax and regulatory reform proposals, with some … Continue reading

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Small Business Applauds Governor’s Focus on Taxes

Most of Cuomo’s blueprint is positive, says NFIB, but small business owners caution against circuit breaker initiative as a property tax shift, not a real fix  Albany (January 8, 2014) – Mike Durant, State Director for the National Federation of … Continue reading

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IRS Ruling on Automatic Gratuities Leads to Paperwork and Costs for Restaurants

Many restaurants that continue to include automatic gratuities on checks for large parties of six or eight will face additional paperwork and costs due to an IRS Ruling that takes effect January 1, 2014. The IRS Ruling is in fact … Continue reading

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NFIB/NY Unveils 2014 Legislative Agenda

The National Federation of Independent Business (NFIB) today released an ambitious legislative session for next year that features tax and regulatory reforms to improve New York’s notoriously bad business climate and legal changes to eliminate predatory lawsuits. “An unprecedented level … Continue reading

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