Articles Tagged - TaxRelief

How Manhattan's Commercial Rent Tax (CRT) Changes Might Benefit Your Bottom Line

By Wiss, Posted in Tax Services

By Kerri Nelan If you rent commercial space for a company located in designated sections of Manhattan, you might soon qualify for significant tax relief. Your business could save thousands of dollars annually as a result of upcoming changes to New York City’s Commercial Rent Tax, or CRT.   First, a little background.  Manhattan’s CRT   The CRT is currently paid by commercial tenants renting space below 96th Street and above Murray Street in M... read more.

IRS Disaster Relief: Relief for Taxpayers Affected by Hurricanes Harvey & Irma

By Wiss, Posted in Tax Services

By: Evan Gernant The IRS has published various notices granting tax relief to “affected taxpayers” of hurricanes Harvey, impacting Texas beginning August 25, 2017, and Irma, impacting Puerto Rico, the U.S. Virgin Islands, Florida and Georgia just a few weeks later. Affected taxpayers are defined as: Individuals whose principal residence is located in a covered disaster area; Businesses whose principal place of business is located in a covered disaster area; Any relief worker affiliated wit... read more.