National Tax Advisory News

National Tax Advisory Group | Prager Metis | Jul 12, 2022

Empire State Development (ESD), the chief economic development agency in New York State, along with Governor Kathy Hochul,, recently announced a new initiative to provide aid to those impacted by COVID-19 pandemic. The $250 million COVID-19 Capital Costs Tax Credit Program offers relief to NY State businesses who were burdened with added expenses for building upgrades, health related supplies and materials, and other pandemic-related expenses. Click here to learn more.


Top Ten Year-End Tax Planning Checklist

As the year draws to a close, taking proactive steps in your financial planning can significantly impact your tax liability. This checklist provides a guide to key strategies that individuals can consider before the end of the year to potentially decrease their income tax. By strategically managing income, deductions, and investments, you can optimize your tax situation and position yourself for a more tax-efficient financial future.

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