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Tax Tips & News: taxation

Native American Tribes, with Tax-Free Advantage in Mind, Consider the Recreational Marijuana Industry

4 minutes read

Legalized Marijuana Could Be A Boon to Native Americans

With growth from the gaming industry leveling off in most locations, many Native American tribes are now considering a brand new source of income in states where marijuana has been legalized, either medically and recreationally. As more and more states–including New York–legalize marijuana in one form or another, Native Americans will have a huge advantage over other retailers in the business: Tribal earnings are not subject to...

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Can A Tax Help Combat Childhood Obesity?

4 minutes read

Could A Tax On Sugary Foods Help Combat Obesity?

Childhood obesity is a complex issue, ad medical experts and social scientist have been in a gridlock about how to fix the problem for years. Now some economists argue that taxing junk foods could tip the scales in the right direction. One study by the University of North Carolina showed that a 10% price increase on soft drinks and pizza caused customers to consume far fewer calories from these items. A $1.00 price increase for soft drinks...

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Delayed NY State Refunds Ready By August?

2 minutes read

NY State Says All Refunds By August

According to the New York State Department of Finance and Taxation, the remainder of all delayed refunds should be ready by “early August”:

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NY State Still Dealing With Refund Delays

3 minutes read

NY State Is Backlogged

“Where’s my refund”! Is a common cry from NY State residents these days, and according to the state for good reason. After using Bank Of America to process refunds for the last 18 years, BOA decided to get out of the tax business all together and did not renew their contract. So what was Albany to do? Outsource the job of course! These subcontractors and not-for-profit groups are backlogged with refund requests which is what is causing the delay for so many New...

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