taxes

Keith Srakocic / AP

Connecticut, New York and New Jersey have sued the Trump administration over an IRS rule that weakens the states' attempts to work around a cap on state and local tax deductions.

J. Scott Applewhite / AP

U.S. Senate Minority Leader Chuck Schumer announced on Long Island Monday a new workaround to the GOP tax plan that limited state and local property tax deductions for homeowners.

Alex Brandon / AP

U.S. Representative Tom Suozzi from Long Island urged members of the House Ways and Means Committee to repeal part of federal tax law that caps state and local tax deductions at $10,000.

Courtesy of Pixabay

A new tax on home sales in eastern Long Island will fund affordable housing projects and provide assistance to first-time homebuyers.

Town of Huntington

All Long Island residents could be hurt by a possible court decision that sides with the Long Island Power Authority. At least that’s what Huntington Town officials say of LIPA’s fight to change its property assessment.

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