New York Mayor Mamdani says city must hike taxes on wealthy to fill $12 billion deficit

New York Mayor Zohran Mamdani attributed the budget crisis to "gross fiscal mismanagement," pointing to former Mayor Eric ...

Half of all New Yorkers are eligible for free tax prep in NYC: Mayor

Half of all New Yorkers are eligible to get free tax preparation services for the 2026 season, according to Mayor Zohran ...
The CPA Journal

A First Look at the Tax Provisions of the New York State 2025–2026 Budget

On May 8, 2025, the New York State Legislature passed A3009/S3009, the comprehensive New York State 2025-2026 Budget Act ...
City & State New York

What are Mamdani’s plans to tax the rich?

One of New York City mayoral nominee Zohran Mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign ...
Townhall

Hochu v. Mamdani: The Upcoming War Over NYC Tax Increases

Mayoral candidate Zohran Mamdani has proposed New York City tax increases of $9 billion to pay for free childcare for children under the age of 6, free bus fare for all, and opening city-owned and run ...
The New York Times

Rich New Yorkers Threaten to Leave. Then They Find Out How Hard That Is.

Tax accountants and lawyers detail the arduous process wealthy New Yorkers would have to face to avoid paying New York State and city taxes. By Matthew Haag Wealthy New Yorkers thinking of fleeing the ...

Tax credits available for eligible New Yorkers

The New York State Department of Taxation and Finance Monday urged taxpayers to review their eligibility for the Earned Income Tax Credit and Empire State Child Credit. Both credits provide financial ...