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The Public Relations Professionals of Long Island will present Valerie Zurblis with the 2022 Jack Rettaliata Award for Lifetime Achievement on Long Island.
City & State’s Diversity Summit will offer industry executives, public sector leaders and academics a full-day conference
Understanding Federal vs. State vs. Local Taxes © (Getty Images) Cropped shot of a woman going through her finances at home When it comes to talking about taxes, federal income tax gets the lion's share of the attention. However, it is far from the only money paid by U.S. residents to the government. Most states have income taxes, and nearly 5,000 taxing jurisdictions across 17 states have local income taxes as well, according to the Tax Foundation, an independent nonprofit that conducts tax policy research. Across state and local jurisdictions, there is a wide variety of tax systems in us...
Governor Andrew Cuomo’s Office Deals to raise taxes on New York’s millionaires and companies could send both fleeing the state, business leaders and fiscal experts warn — unless Washington steps in and restores some old deductions. Even as legislative leaders and Gov. Andrew Cuomo had yet to officially seal an agreement on New York’s second straight pandemic budget, all indicators pointed to the state levying the country’s biggest income tax on the wealthy. The $4 billion-plus income tax increase would mark at least a partial victory for progressive Democrats, who argued that well-...