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Tax

How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal New Yorkers could soon see some relief from rising costs. Around 8.6 million taxpayers statewide could stand to benefit from a historic $3 billion in “inflation refund” checks that were proposed by Gov. Kathy Hochul during a speech in the Bronx on Monday, Dec. 9. If approved by lawmakers, the initiative would deliver $300 checks to single taxpayers earning up to $150,000 annually and $500 to joint filers with incomes up to $300,000. The refunds would be funded by surplus sales tax revenue generated during the recent period of high inflations. Hochul said the one-time payments would provide…
Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men
Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men Talk about a massive payday. Two Long Island men have a million more reasons to be smiling after winning seven-figure lottery prizes. Jose Carranza, of Mastic, claimed a $1 million prize on the “Platinum Power” scratch-off game, New York Lottery announced. He purchased the lucky ticket in east Moriches, at East End Marketing on Montauk Highway. After paying Uncle Sam, Carranza pocketed $416,641. Not to be outdone was Ricky Alessi, of St. James, who claimed his own $1 million windfall after hitting a Powerball second prize for the drawing held Monday, May 27. Alessi received a lump sum…