New York – Corporate Income Tax: MTA Surcharge Rate Increased for 2021, Deriving Receipts Thresholds Unchanged (Dec. 18, 2020)

by Jennifer Kobylarz, CPA, MSTThe New York corporate franchise tax MTA surcharge rate will increase from 29.4% to 30% for tax year 2021. The rate will remain the same for…

State and Local Tax (SALT) Deductions for Individuals

by Andreas Petrou, CPA and Svetlana RomanoThere is some great news in the world of taxation for small businesses. As of November 9, 2020, the…

Webinar: Automotive Dealership Panel with Special Guests from ADP, Q&A is now available

For those of you who requested or those that might have missed it, a copy of last week’s Automotive Dealership Panel with Special Guests from…