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Expert tax tips, accounting insights, and financial guidance from George Dimov, CPA — serving clients across all 50 states for over a decade.
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For many taxpayers they look forward to the IRS tax refund the most, but is it possible to consider that the IRS accepted your returns, but is the money in the bank? It all comes down to whether you chose direct deposit, a payment, and some other things.
If you have filed your tax return and are anxiously awaiting a refund or a special government-issued tax rebate, the good news is that both federal and state tax agencies provide user-friendly online tools to track its status. Knowing when your money is on its way can help with personal budgeting and financial planning.
The most effective way to check your New York State School Tax Relief (STAR) status online is by using the official tools provided by the New York State Department of Taxation and Finance (NYSDTF). There are two primary resources, depending on whether you’re looking for your registration status or the status of a payment.
If you are a New York homeowner waiting for your annual property tax relief — you are likely referring to the STAR Credit check (School Tax Relief). Unlike the older STAR Exemption — which is a reduction on your tax bill — the STAR Credit is a direct payment issued by the state. Here is a guide to understanding where your check is and how to check its status.
New York’s STAR program offers property tax relief through bill reductions or direct payments. Because the system evolves, tracking your rebate is vital. This guide explains how to check your STAR benefit status, specifically focusing on the STAR Credit for new and existing homeowners. This article provides a comprehensive guide on how to check the status of your STAR benefit. It focuses on the STAR Credit process for new homeowners and long-time residents who have switched.
In New York State, not all purchases are subject to sales or use tax. Certain goods and services are exempt from taxation, allowing consumers and businesses to save money. Knowing what items are tax-free helps you plan purchases effectively and ensures compliance with state tax laws.
Non-taxable merchandise refers to items that are exempt from New York State sales and use tax. When you purchase these items, you do not pay the sales tax that normally applies to most goods and some services. These exemptions are designed to reduce the tax burden on essential items, encourage economic activity, and support certain organizations. Not all products are taxed equally, and knowing which items are non-taxable can help both consumers and businesses avoid unnecessary costs.
Sales tax is a tax collected by retailers when you purchase goods or certain services within a state. In New York, for example, the statewide sales tax rate is 4%, and local counties or cities may add additional taxes, resulting in combined rates of up to 8.875% in areas like New York City.
New York State applies sales and use tax to most tangible goods and select services. Businesses must collect and remit this tax, while consumers are responsible for use tax on out-of-state purchases. Understanding these rules is vital for staying compliant and avoiding penalties.
New York State has indeed been sending out checks in 2025, specifically as a one-time Inflation Refund Check initiative. This program, secured in the state’s Fiscal Year (FY) 2026 budget, represents a significant direct financial aid effort designed to provide relief from increased costs due to inflation.
Many people are asking whether a new $ 1400 stimulus check is on the way, but the truth is that no new federal stimulus has been approved for 2025. The only individuals who can still receive a $ 1400 payment today are those who qualified for the 2021 stimulus check but never received it. This payment is not new—it is part of the 2021 Recovery Rebate Credit.
Rumors of a universal $ 3000 check from the IRS have gained traction on social media, but these claims are not true. As of 2025, there is no federal program authorizing a new $ 3000 stimulus, rebate, or automatic payment to all Americans. Here is what you need to know.
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