Sentences with phrase «federal tax reform»

A Republican federal tax reform plan would be disastrous to homeowners, and to the local economy.

The recently passed federal tax reform — a deficit - financed fiscal stimulus — makes this scenario more likely.

The recent federal tax reform changed the rules of the game for many cryptocurrency investors.

The 2018 federal tax reform came with some hefty corporate tax cuts.

Virtual currency users are dealing with the same uncertainty regarding federal tax reform as all of the rest of us.

All of this was happening before federal tax reform.

If enacted, this would represent the first major federal tax reform in more than 30 years.

Our members need to take action because the long — predicted federal tax reform debate is upon us.

Reducing it by $ 100 billion would be a massive undertaking, and it's made harder by the recent federal tax reform.

In his recent State of the State address, Gov. Cuomo called the recently passed federal tax reform bill «economic civil war» that will raise New Yorkers» property taxes and income taxes.

Also at 12:30 p.m., county leaders, including Suffolk County Executive Steve Bellone, Putnam County Executive MaryEllen O'Dell, Albany County Executive Dan McCoy and others discuss the impact of federal tax reform on NY homeowners, LCA press room, 130, LOB, Albany.

Also at 6 p.m., Manhattan Borough President Gale Brewer and New York City Comptroller Scott Stringer sponsor an emergency teach - in on federal tax reform legislation, John Jay College of Criminal Justice, 524 W. 59th St., Manhattan.

One proposal that has taken a hit in popularity, however, is the governor's push to sue the federal government over the December federal tax reform law, which garners 49 percent support, down from 58 percent in January.

Surging consumer and business confidence is expected to get a boost in 2018 by federal tax reform legislation, which took effect in 2018.

These announcements have come as Cuomo has been working to preempt, then react to recently - passed federal tax reform legislation that is opposed by New Yorkers across the political spectrum.

Even with federal tax reform up in the air, there are steps taxpayers can take now to save come April 2018.

Cuomo's budget proposal includes numerous ideas that he believes will offset losses from federal tax reform effects.

Joseph C. Lorigo, majority leader of the Erie County Legislature, will travel to the White House on Nov. 16 to discuss federal tax reform with cabinet secretaries and other members of Trump's team.

The next time you hear Gov. Cuomo whine about how federal tax reforms dealt New Yorkers a painful blow, tell him to look in the mirror.

The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could hit the state hard, the duo said, and have «significant implications» for the revenues of both New York City (the state's main economic engine) and the state.

The associations representing New York's schools and local governments today sent a letter to the state's congressional delegation, asking them to oppose federal tax reform proposals that would place a greater tax burden on homeowners and taxpayers.

With the state facing a larger than usual expected budget shortfall for its next fiscal year, Governor Andrew Cuomo has been railing against the devastating impact proposed federal tax reforms would have on New York state finances.

Late last week, the U.S. Senate passed a sweeping federal tax reform bill that has been highly controversial and was approved wholly along party lines, with all but one republican... more

The push comes after the Trump administration has pledged an investment in infrastructure nationally, though that initiative that slowed amid the slog to repeal and replace the Affordable Care Act as well as federal tax reform.

Late last month, among mind - numbing hoopla over federal tax reform, Russian espionage and the like, the Ulster County Legislature quietly re-elected most of its leadership.

«The Subsidy from State and Local Tax Deductibility: Trends, Methodological Issues, and Its Value after Federal Tax Reform.»

Over the last few months, merchant lobbying groups have stormed Capitol Hill requesting two things: that lawmakers sink federal tax reform by opposing border adjustability and that they support federal price controls on debit interchange fees.

New York faces a budget deficit of $ 4 billion to $ 8.6 billion and that is before taking into account billions more in revenue that will be lost due the recent federal tax reform package.

The bottom line appears to be that the emerging federal tax reform plan will be bad for New York — but that it could have been far worse.

At 12:30 p.m., Suffolk County Executive Steve Bellone will be joined by the Long Island Association, Association for a Better Long Island, Suffolk County Alliance of Chambers, small business owners and local elected officials to sound the alarm against federal tax reform, H. Lee Dennison Building, 100 Veterans Memorial Highway, Hauppauge, Long Island.

A plurality (43 percent) say federal tax reform will worsen the state's economy.

Now, New York taxpayers are poised for a big victory when federal tax reform provides them with more money in their pockets and better economic opportunity.

Lifton urges them to reject the current tax reform bill and work to create real federal tax reform.

The post Federal Tax Reform: 3 States that Could be Hit Hard appeared first on Think Realty A Real Estate of Mind.

State Forecasts Survey respondents forecast state - by - state confusion following federal tax reform, with more than half (58 %) expecting a patchwork of changes to adjust.

«Once federal tax reform is enacted, be ready for the state - tax rebound,» said Barton.

Oh So GILTI — Update on State Tax Implications of Federal Tax Reform Speakers: Robb Chase and Maria Todorova

Legislative Column from Assembly Minority Leader Brian M. Kolb (R - Canandaigua) This week, Gov. Cuomo devoted a great deal of his State of the State address explaining how the newly - passed federal tax reform bill will hurt New York.

Under the new federal tax reform plan signed by President Trump, deductions for state and local taxes will be capped at $ 10,000 for the 2018 tax year.

«International Aspects of Recommendations from the President's Advisory Panel on Federal Tax Reform.»

As a result of federal tax reform, IBERIABANK announced raises and bonuses for nearly 80 percent of its associates.

Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.

U.S. equity markets also should be supported by federal tax reform.

However, it notes that the current uncertainty over proposed federal tax reforms, international trade, and energy policies could have implications for the relative economics of renewables and their expansion.

But the new federal tax reform legislation could put a damper on that in the future.

Mario Costanz, CEO of Happy Tax, says landlords scored a big break in the recent federal tax reform bill.

Even as federal tax reform was capturing national attention, Mendenhall and her leadership team were gearing up for an associationwide conversation about advocacy at the state and local levels.

Starbucks is just one of several large companies sharing their savings from the federal tax reform with employees; Apple, Comcast, Walmart, and American Airlines have all vowed to do the same.