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Taxes for independent filmmaker in New York

If you are an independent filmmaker in New York City, you are dealing with Federal, State, and Local taxes. Here are the things you want to remember: Keep track of all your expenses for the year. This is extremely important and can be the difference between owing no...
How do Corporations File Their Taxes?

How do Corporations File Their Taxes?

Taxes are based on a number of factors, like household income. For example, in NYC, the average household income is around $50,711 according to the U.S. Census Bureau. And with the help tax accountants, people can easily file their taxes. But for corporations, filing...

How to Avoid Transfer Tax in NY

Avoiding transfer tax in New York is not completely possible. However, certain actions can be taken in order to minimize the overall liability. This tax applies to the sale or transfer of real property. Recognizing the relevant state taxation practices might present...

NYC Corporate Tax vs. Individual NYC Tax on W2

NYC Corporate Tax vs. NYC Personal Income Tax on W2 A Comprehensive Comparison Taxation in New York, particularly within the dynamic environment of New York City, presents a sophisticated challenge for both businesses and individuals. The distinct tax structures for...

New York State RSU Tax

New York State RSU Tax Restricted Stock Units (RSUs) play a crucial role in employee compensation, especially in high-paying sectors like technology, finance, and law. These RSUs offer employees company stock as part of their compensation packages. However, this...