The New York
Department of Taxation and Finance has issued a memorandum reminding taxpayers
that beginning April 1, 2012, clothing, footwear, and items used to make or
repair exempt clothing sold for less than $110 (per item of clothing or per
pair of footwear) will be exempt from the state’s 4% sales and use tax.
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This 2011 Year-End Tax Planning Guide is designed to help you in your tax-saving efforts.
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We recently were notified by the Peer Review Committee Reporting
Acceptance Body that our peer review report with a pass rating was
accepted.
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