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Keyword: Exemption
18 results total, viewing 11 - 18
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I recently appeared on Fox News, where the topic was supposed to be the decision by drugstore superpower CVS to no longer sell cigarettes or tobacco products to customers. However, a House Ways and Means Committee hearing quickly diverted our attention.
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2/14/14
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Q: I am in my late 70s and have been gifting money to my children each year. Can I make tax-exempt gifts to my grandchildren in addition to the money that I give to my children?
A: Yes, in 2013, …
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By Patricia Galteri
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1/7/14
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Q. I had some flood damage and was not living in the house last January. Will I lose my star exemption and real estate tax reduction? A. Everyone has to reapply for the star exemption except for …
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By Richard G. Fromewick
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12/5/13
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Q: My real estate taxes have gone up each year and are much higher than that of my neighbor. What is going on?
A: The tax rates in both Nassau and Suffolk County have increased each year because …
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By Richard G. Fromewick
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11/11/13
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Q: I recently received a letter in the mail regarding my STAR tax exemption, and I do not understand. If I already have the STAR tax exemption on my home and also received an assessment reduction …
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By Richard G. Fromewick
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10/24/13
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Last week, taxpayers across Long Island voted on their school districts’ proposed budgets. There are 124 school districts across Long Island, and 95 percent of their spending plans passed.
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5/31/13
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Q: How did the fiscal cliff deal affect federal estate and gift taxes?
A: The American Taxpayer Relief Act of 2012 which was signed into law on January 2, 2013 will greatly facilitate prudent estate …
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By Nathaniel L. Corwin
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1/17/13
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When firefighters wash down their trucks after making on a run, they may have to pay a fee on that water. Nassau County Executive Ed Mangano, a Republican from Bethpage, has proposed a water use fee in the county’s 2011 budget. At a news conference in front of the North Merrick firehouse on Friday, Nassau County Legislator Dave Denenberg said the fee is really a tax.
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Deirdre Krasula
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10/15/10
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