Week of 1/9/2017 through 1/13/2017
Important Publications and Notices
- Welcome to the weekly update from ORPTS:
-2017 County/Town Tax Bill Extracts
-Property tax credit check update
-Voluntary termination of a STAR exemption
- Tax Year 2016 NYS Driver License Requirement: Overview and FAQs
The New York State Tax Department, in partnership and collaboration with the IRS and other states, continually assesses and improves its fraud deterrence systems for the mutual benefit of the State and its taxpayers, including the tax professional community.
This year, we’ve taken the step of requiring an additional verification measure in personal income tax preparation software: the collection of driver license and state-issued ID information.
- Reminder for Metropolitan Commuter Transportation Mobility Tax filing deadline
We're reminding employers that the next quarterly MCTMT (Metropolitan Commuter Transportation Mobility Tax) return (Form MTA-305) is due January 31, 2017.
- Reminder for Form NYS-45 filing deadline
The January 31 deadline for filing Form NYS-45 is approaching.
When filing your 4th quarter return NYS-45 Part B only include the withholding tax payments made for the current quarter do not report total annual withholding amounts.
You must now electronically file your returns using one of the three approved electronic methods: 1) Web File, 2) Web upload, or 3) Federal/State Employment Taxes (FSET) compatible software.
- Prepare to E-file! Tax Season Begins on January 23
The New York State Department of Taxation and Finance today announced that the income tax filing season officially begins on Monday, January 23. The Tax Department reminds New Yorkers that e-filing is the fastest, safest way to file a tax return.
If you haven’t already joined the 92% of New York taxpayers who e-filed in 2016—please consider the multitude of benefits of e-filing before you decide to file on paper.
- Employers—Don’t Delay Your Employees’ Tax Refunds; File Your Withholding Tax Return Today
The New York State Department of Taxation and Finance today reminded employers who must withhold and remit personal income taxes on wages, salaries, bonuses, commissions and other similar income, that the deadline to submit a completed Form NYS-45, Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return is January 31. This return includes the annual wage and withholding totals for all employees.