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We’ve now had several people contact us regarding letters they’ve received from the New York State Department of Taxation and Finance. They are “Statement of Proposed Audit Changes” and were sent because the State believed the subtraction of the LOSAP payments from the payees taxable income was done incorrectly for the 2017 tax year. In the…
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** EDIT ** – This post was originally made in December of 2020. Due to the changing circumstances of the COVID-19 Pandemic and updates or recissions to relevant legislation, please note that not all of the information below may be completely current. Yesterday, December 3, 2020, Governor Cuomo issued Executive Order 202.79, which continued the…
Month: December 2020
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