Martin J. Golden's posts related to Taxes

SENATOR GOLDEN CO SPONSORS LEGISLATION SO NEW YORKERS CAN RECEIVE STATE TAX RETURNS WITHIN 30 DAYS

Posted by Martin J. Golden on Thursday, February 25th, 2010

Kicks-Off On-line Petition Drive To Protest Withholding of Tax Refunds

Brooklyn- State Senator Martin J. Golden (R-C, Brooklyn) today is announcing that he has cosponsored legislation introduced by Senator George Winner, S. 3985, that requires the Commissioner of the New York State Taxation and Finance to provide for the payment of State tax refunds within 30 days of the Department’s receipt of a taxpayer’s tax return unless there is a discrepancy.

SENATOR GOLDEN ANNOUNCES SALES TAX CUT AND MTA PAYROLL TAX CUT TO GO INTO EFFECT SUNDAY, APRIL 1ST

Posted by Martin J. Golden on Saturday, March 31st, 2012

Brooklyn- State Senator Martin J. Golden (R-C-I, Brooklyn) today is reminding New Yorkers of two tax cuts recently approved by the New York State Legislature that are scheduled to take effect this Sunday, April 1st, including the elimination of the 4% State portion of the sales tax, and the repeal of the MTA Payroll Tax.

As of April 1st, all clothing and footwear sold for less than $110 per item (or per pair of footwear) will now exempt from the State and City sales tax combined 8.875% sales tax. Additionally, most fabric, thread, yarn, buttons, snaps, hooks, zippers and similar items that are used to make or repair exempt clothing will also be eligible for the exemption. The exemption from the state sales tax will be in effect year round.