Sens. Charles Schumer of New York and Robert Menendez of New Jersey want to make all repair expenses fully tax deductible, reducing the tax bite of victims in their returns covering the current year.
Forcefully rejecting Republican budget-cutting plans, President Barack Obama on Wednesday proposed lowering the nation's future deficits by $4 trillion over a dozen years and vowed he would not allow benefit cuts for the poor and the elderly to pay for tax breaks for the rich.
New York City’s Department of Consumer Affairs has announced the results of an investigation on tax centers around the Big Apple.
New York Attorney General Eric Schneiderman said he wants to recover money stolen from taxpayers and the government—especially in the face of the $10 billion budget gap the state is facing for next year.
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