June 10th Webinar Offers Discussion and Review of the NYS 2021-22 Budget
On April 19, 2021, Governor Andrew Cuomo signed New York State’s fiscal year 2021/2022 budget bill. The budget legislation is expansive and includes changes to various taxes and credits including personal income tax, corporate franchise tax, sales & use tax and property tax.
In a webinar on June 10th, David Ayoub, CPA, Rich Smith, CPA, and Greg Jarvis, CPA from Bowers & Company, CPAs conducted a review and discussion of the New York State 2021/2022 Budget including:
- The New Pass Through Entity Tax (PTET)
- Personal Income Tax Rate Changes
- Corporate Franchise Tax Rate Changes
- Other Notable Tax Changes
Bowers & Company CPAs aims to offer helpful information to our clients and friends. Learn more about how we can help should your business need accounting and financial services.
Disclaimer: To ensure compliance with requirements imposed by the Department of Treasury, we inform you any U.S. federal tax advice contained in this document or video is not intended for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing, or recommending to another party any transaction or matter that is contained in this document.