Family Tax Relief Credit

The family tax relief credit is a $350 payment to certain middle-income New Yorkers.

This week, the Tax Department will automatically mail checks to eligible taxpayers. If you are eligible for the credit, you do not have to apply. If you think you are eligible, but do not receive a check, you will be able to have your case reviewed.

Eligibility requirements

You are entitled to this credit for 2014 if, on your 2012 return, you:

  • were a resident of New York State for the entire year,
  • claimed at least one child under age 17 as a dependent,
  • had New York State adjusted gross income (line 33 of your Form IT-201)  between $40,000 and $300,000, an had a New York State liability after credits that is zero or greater.

Read more and use the NY eligibility tool to find out if you qualify:

http://www.tax.ny.gov/pit/credits/family_tax_relief_credit.htm

 

 

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Disaster Planning

As always, preparedness is a measure we should take at home and for our business.  Suffolk County has put together an informative guide for residential preparedness.

This has some great tips, like adding an “In Case of Emergency” or “ICE” number to your phone.  By entering in a contact in your cell phone and naming it “ICE”, first responders, paramedics, firefighters, and police can contact your next of kin.

I also added to my ICE, some basic medical information about myself.  This could include medications you’re on or allergies.

Take a look at the guide here:

http://www.suffolkcountyny.gov/Portals/0/fres/Forms/OEM%20DOCS/READYSUFFOLK.pdf

 

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