City offers to help property owners with tax payments
NEW YORK—The New York City Department of Finance offers several programs to assist property owners who face hardships making their property tax payments. These include exemption...
Tag : taxes
Industry holds its breath for impact of new state taxes
The new state budget that Governor Andrew Cuomo just passed may not include the controversial pied-a-terre tax, but a new “progressive mansion tax” is in...
No one-size-fits all when it comes to business interest expenses
By Stephen Bertonaschi, senior managing director, FTI Consulting, Inc. As part of the Tax Cuts and Jobs Act (TCJA), IRC §163(j) was amended to potentially...
MGNY turns DUMBO into Gotham for 10th anniversary
MGNY Consulting, a full-service real estate tax management and compliance firm, held a super hero-themed 10th anniversary celebration with Gotham personalities — including former Finance Commissioner Martha...
Investors, developers at the ready as Opportunity Zone guidance nears
Investors and developers are poised on their starting blocks, ready to sprint into the country’s many designated Qualified Opportunity Zones just as soon as they...
City sets up commission to reform New York property tax system
The city announced the formation of a new advisory commission, co-chaired by Vicki Been and Marc Shaw, to develop recommendations to reform New York City’s...
Cuomo pushes infrastructure, an end to homeless in 2018 state of the state
In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive and the...
2018 set to be year of the tenant as new office spaces floods market
For companies looking for a change in scenery or an entry into the New York market, 2018’s commercial market holds a lot of promise. A...
Federal tax bill boosts New York real estate, hurts home ownership
Simplicity is at the heart of the Tax Cuts and Jobs Act, as supporters in Congress and the White House maintain the bill will allow...