newyork Archives - Wiss & Company, LLP

Tag: newyork

HR ALERT: NYC Faces New Sexual Harassment Responsibilities

Written on August 20, 2018. Posted in Human Resources.

New York City and New York State employers need to be aware of upcoming responsibilities resulting from the passage of anti-sexual harassment laws earlier this year. The most immediate change goes into effect on September 6, 2018 when New York City employers will need to comply with the Stop Sexual Harassment in NYC Act. As of that date, all employers will be required to post the required anti-sexual harassment notice in the workplace and provide this information to employees at...

New Jersey & New York Attempt Work-around on the SALT Deduction Limitation

Written on May 7, 2018. Posted in State & Local Tax Services.

New Jersey Governor Phil Murphy signed legislation this past Friday (May 4, 2018) which attempts to work-around the state and local tax deduction limitation imposed by the Tax Cuts and Jobs Act, which was enacted in December of 2017. Under that federal legislation, the aggregate state and local tax deduction (which includes state income, property and sales tax) an individual taxpayer may claim is limited to $10,000 per year. New York already has their version of a work-around...

Salary History Ban Takes Effect in NYC

Written on December 21, 2017. Posted in Advisory Services.

If you’re a company based in, or with offices in, New York City, you should be aware of a new law that took effect on October 31st. As of that date, it became illegal for public and private employers in New York City to inquire about an applicant’s salary history during any stage of the hiring process. This includes inquiries on employment applications, during interviews and while conducting background checks. The law was introduced to even the wage gap between men and women, and...

Upcoming Changes to New Jersey and New York Taxes

Written on December 19, 2017. Posted in State & Local Tax Services.

By Evan Gernant With tax reform legislation nearing enactment in Washington it’s easy to keep one’s focus on those headlines. There are, however, important changes in New Jersey and New York tax that have already been signed into law and will impact local taxpayers. Below is a summary of the more significant changes you will see affecting New Jersey and New York State taxpayers in 2018 and beyond. New Jersey The sales & use tax rate will continue decrease slightly. A two-phase...

How to Avoid Tax Penalties on Complimentary Hotel Breakfasts

Written on June 28, 2016. Posted in State & Local Tax Services.

By Mark Feldstein When is a free meal not really free? When a New York State hotel is offering a complimentary breakfast to its guests. While complimentary breakfasts are free – in a sense – to your guests, if your hotel is audited, you could get a tax bill. And the tax penalties for months – or years – of presumed “tax-free” food can add up. New York sales tax and occupancy tax returns are, in most circumstances, subject to audit for up to three years, longer if fraud is suspected....

M	T	W	T	F	S	S
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31