by George Dimov | Dec 14, 2025 | NYC Accounting
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... by George Dimov | Dec 14, 2025 | NYC Accounting
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... by George Dimov | Dec 14, 2025 | NYC Accounting
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... by George Dimov | Dec 14, 2025 | NYC Accounting
For homeowners in New York State, the School Tax Relief (STAR) program is a vital source of property tax savings. Whether you receive the benefit as a direct reduction on your school tax bill (the STAR Exemption) — or as a yearly check or direct deposit (the STAR... by George Dimov | Dec 12, 2025 | NYC Accounting
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... by George Dimov | Dec 12, 2025 | NYC Accounting
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... by George Dimov | Dec 12, 2025 | NYC Accounting
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... by George Dimov | Dec 12, 2025 | NYC Accounting
New York State imposes a sales and use tax on the sale, rental, or use of tangible personal property, as well as on certain services. This means that most goods you buy, whether in a store or online, and some services like repairs or installation, may be subject to... by George Dimov | Dec 11, 2025 | NYC Accounting
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... by George Dimov | Dec 11, 2025 | NYC Accounting
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... 
