Ads
related to: what is mta payroll tax- Contact Us
Call Us Or Fill Out Our Online Form
To Get In Touch With Us Today.
- About Us
We Offer Top-Quality Financial
Solutions That Meet Your Needs.
- Tax Services
We Provide Top-Notch Tax Services
That Ensure Accurate Tax Returns.
- Services
We Offer A Wide Range Of
Accounting & Tax Services.
- Contact Us
top5payrollservices.com has been visited by 10K+ users in the past month
gusto.com has been visited by 100K+ users in the past month
Search results
Results from the Go Local Guru Content Network
On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan.
Chief among them is raising the state’s payroll mobility tax from 0.34 percent to 0.5 percent, Hochul said. Doing so will yield $1 billion for the MTA, she said.
This tax, known popularly as the "mobility tax", or the "MTA tax", is intended to provide funds for the Metropolitan Transportation Authority, which transports many of the region's commuters. Philadelphia has a 3.924% wage tax on residents and a 3.495% tax on non-residents for wages earned in the city as of August 2013.
The New York City Transit Authority (also known as NYCTA, the TA, or simply Transit, and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City.
The Martins-Zeldin plan calls for the MTA Payroll Tax to be phased out each year until 2014, when it will be completely eliminated.
NYS Senators Greg Ball and Lee Zeldin presented their plan to phase-out the MTA payroll tax during a press conference in Yorktown on Wednesday. Plamena Pesheva , Patch Staff Posted Thu, Jun 9...