taxes

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.

Courtesy of Pexels

Long Island led New York in the number of job gains created from Industrial Development Agency tax breaks in 2017. That’s according to a report released this week by State Comptroller Thomas DiNapoli.

Stephen Nessen / WNYC

The Long Island Power Authority says state legislation that limits property tax assessment challenges is unconstitutional.

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