New York – Higher sales tax check raises hope, but Onondaga County still $15M in the hole

Syracuse, N.Y. — Onondaga County received a surprisingly large sales tax payment today — more than 60% higher than the June 29 payment a year ago — but county officials say sales tax revenues are still $15 million below what Continue reading New York – Higher sales tax check raises hope, but Onondaga County still $15M in the hole

New York- COVID-19 Leads to Sharp Drop in Sales Tax Revenue

Among the budget pressures facing local governments is a sharp drop in sales tax revenue related to the coronavirus pandemic. New York State Comptroller Thomas DiNapoli said that sales tax revenue for local governments fell by more than 32% in Continue reading New York- COVID-19 Leads to Sharp Drop in Sales Tax Revenue

New York- Sales Tax Legislation – the Bane of the Art Market?

It’s another taxing lesson in Sales Tax – Christie’s’ recent $16.7 million settlement to avoid prosecution for sales tax evasion has demonstrated once again that sales tax compliance continues to be the bane of the art market. Since 2003, the Continue reading New York- Sales Tax Legislation – the Bane of the Art Market?

New York – Walsh’s Budget Estimates The COVID-19 Pandemic Will Cost The City $11.1 Million In Revenue

In front of roughly 100 people tuned in to a virtual Syracuse Common Council meeting, Mayor Ben Walsh released his $253 million dollar budget proposal for the upcoming fiscal year beginning July 1. The budget anticipates the coronavirus pandemic will Continue reading New York – Walsh’s Budget Estimates The COVID-19 Pandemic Will Cost The City $11.1 Million In Revenue

New York- Lost Revenue and State Aid Cuts Coronavirus Economic Impact on Counties

The COVID-19 pandemic has impacted every aspect of our society, government and the economy like no other event in our lifetimes. In March, the New York State Association of Counties (NYSAC) completed an initial economic analysis of the coronavirus on Continue reading New York- Lost Revenue and State Aid Cuts Coronavirus Economic Impact on Counties

Wyoming – Recent Tax Law for Online Sales a Boon for Laramie

A law approved by the Wyoming Legislature in 2019 expanded the taxability of online sales, explained city staff to the city council. Jordan reported that since the law went into effect in July 2019 and up until the March 2020 Continue reading Wyoming – Recent Tax Law for Online Sales a Boon for Laramie

New York- NYS Comptroller: Loss in Sales Tax Revenue Will Create More Economic Woes for Local Governments

The Capital Region has lost the most sales tax revenue in the state for the month of April compared to sales tax collection in April 2019. It amounts to nearly $18 million dollars in lost revenue for the region based Continue reading New York- NYS Comptroller: Loss in Sales Tax Revenue Will Create More Economic Woes for Local Governments

New York- New Sales Tax Data Reinforce ‘Troubling Findings’ of COVID-19 Economic Impact Report

The New York State Association of Counties announced that, this week, counties received their first installment of sales tax directly related to the first month where the statewide lock down on economic activity was in effect. In aggregate, the county Continue reading New York- New Sales Tax Data Reinforce ‘Troubling Findings’ of COVID-19 Economic Impact Report

New York- Manhattan Loses Sales Tax Revenue, Cancels Summer Programs APRIL 27, 2020

With COVID-19 progressing, Manhattan estimates a $3 million to $8 million loss in 2020 sales tax revenue. The first three months of 2020 showed sales tax revenue was strong in Manhattan, however, COVID-19 deterred any upcoming financial growth. Dennis Marstall, Continue reading New York- Manhattan Loses Sales Tax Revenue, Cancels Summer Programs APRIL 27, 2020

New York – AB 10321 Would Expand Sales Tax Imposition To Include Advertising Services

A.B. 10321 expands the New York’s sales and use tax imposition to include digital advertising services, mirroring a ncompanion a bill introduced in the Senate last week.  A.B. 10321 would expand state sales and use tax to digital advertising services, such as Continue reading New York – AB 10321 Would Expand Sales Tax Imposition To Include Advertising Services