631-547-8811 timothy@acctgo.com

September is a good month for many NY residents. Late this month, the state will begin rolling out its two tax rebate programs:

  • A $350.00 check for families with school-age children under 17 with incomes between $40,000 and $300,000.
  • A refund to cover the cost of any property tax increases.

This was all approved by the state legislature, who, oddly enough are up for re-election in November. They approved about $750 million in tax breaks for families and homeowners over the last two years.

It is estimated that close to one million families will receive the $350.00 rebate check. In 2015 and 2016 the money will come in the form of credits as opposed to a check.

Tim Ryan
Founder/CEOAccountant on the Go
34 Russett Lane
Huntington, NY 11743
Phone: 631-547-8811