Every year around tax time, the wisdom of Benjamin Franklin seems to ring especially true: “In this world nothing can be said to be certain, except death and taxes."
But, just as there most certainly are taxes, there are also tax credits and tax strategies to help you hold onto more of your hard-earned money. It is important to stay informed of changes in the laws that effect the taxes you pay. The New York State Department of Taxation and Finance provides information on these new changes, as well as information on existing taxes, that you may find helpful.
In this section of Your Money New York, we offer resources that may assist you in reducing your New York State income tax liability, identifying free tax preparation and filing services, avoiding dishonest tax preparers, and understanding you local government's finances.
Topics include:
Next: New York State Income Tax Credits and Property Tax Exemption Program