ALBANY — About 39,400 businesses in the Hudson Valley will no longer have to pay a payroll tax for being located in the Metropolitan Transportation Authority service region, Gov. Andrew Cuomo announced Monday.
Senator David Carlucci today visited Adam Lipson, President & CEO of Network & Security Technologies, to discuss the importance of the new MTA payroll tax reduction on small businesses. On Wednesday night, the New York State legislature voted to eliminate or substantially reduce the MTA payroll tax for businesses whose payroll is $1.25 million and under.
Senator David Carlucci on Wednesday voted to bring a more fair and progressive tax system to New York that will cut taxes for middle class taxpayers and bring relief to small businesses and non-profit organizations affected by the MTA payroll tax.
NANUET, NY – As the verdict of the MTA Payroll Tax awaits a final legal decision, Senator David Carlucci (D-Rockland/Orange) today issued a stark reminder to Rockland employers that they must file their MTA Protective Refund Claims before next Friday, November 2nd to ensure that they are eligible for tax relief in the event the payroll tax is found unconstitutional.