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Upcoming Transit Talk with U.S. Senator Charles Schumer

January 21, 2021

New York, NY—U.S. Senator Charles Schumer worked with the rest of the New York congressional delegation to ensure that the Metropolitan Transportation Authority received $4 billion from December’s $900 billion coronavirus relief bill to stave off layoffs and service cuts. Now, with President Joe Biden proposing a $1.9 trillion relief package that also includes significant investments ...

New York’s Ambitious Budget Depends on Federal Aid

New York, NY—Governor Andrew Cuomo yesterday presented New York’s $193 billion budget, and depending on whether the federal government comes through with a significant aid package, the state may have to resort to dramatic cuts in education, Medicaid spending and social services.

First, the Governor noted that last year the state’s focus was on fighting the COVID war.

New Yorkers Eagerly Await Governor’s Executive Budget

New York, NY—New York Governor Andrew Cuomo will be presenting his 2022 Executive Budget from the State Capitol on Tuesday, January 19 and political observers, the business community and New Yorkers throughout the city and the state will be waiting to learn how much of a budget hole the state will face almost one year since the start of the coronavirus pandemic.

At one point, ...

New York Could Get $50B from Biden Rescue Plan

New York, NY—New York realized about $54 billion from the $900 billion coronavirus relief bill that was enacted at the end of last year. The bill’s signing was in doubt for months because Democrats and Republicans haggled over the price tag. President-elect Joe Biden recently announced a nearly $2 trillion American Rescue Plan, and Republicans are already balking. But U.S. Senator ...

MedSign Makes Telehealth Simple for Seniors

New York, NY—Many seniors typically eschew technology, which can complicate communication between the elderly and their loved ones. And with the coronavirus pandemic still raging, it complicates still further the elderly’s ability to check in with their primary care providers. But a new technological innovation now makes it possible for seniors to communicate with their doctors right ...

New York's COVID-19 Expenses Now Fully Covered

New York, NY—U.S. Senator Charles Schumer announced today that New York City and New York State will soon be fully reimbursed for expenses incurred in the fight against COVID-19 thanks to an agreement with President-elect Joe Biden’s incoming Federal Emergency Management Agency’s administration.

Back on March 13, 2020, an emergency disaster declaration was declared, and both ...

Non-Profit on the Frontlines of COVID-19

New York, NY—Outreach has been providing essential substance abuse and mental health treatment services for nearly 40 years, starting out first in Queens and then expanding to Brooklyn and Long Island. Despite the pandemic, its staff has not skipped a beat, even though they’ve had their own concerns with Covid-19. According to Outreach’s CEO, Ms. Debbie Pantin, while essential ...

New York to Gain Big from Biden Transportation Plan

New York, NY—President-elect Joe Biden’s Build Back Better economic plan calls for investing around $2 trillion to re-build and expand the country’s transportation and infrastructure network as a means to realize net zero carbon emissions by 2050. The plan has earned the praise of legislators and advocates alike who say that it could lead to the most consequential four years of ...

Local Transit Advocacy Group Hosts Important Transportation Forum

New York, NY—There’s high hopes for robust investment in public transportation with an incoming Joe Biden administration as he himself is an avid supporter and commuter of Amtrak trains. Indeed, one of the pillars of his Build Back Better economic platform is to modernize and invest in the nation’s crumbling transportation infrastructure. Within that context, the New York ...

New Round of Paycheck Protection Program Improved for Small Business

New York, NY—Many small businesses are asking about the benefits they will be entitled to as a result of the recently enacted $900 billion coronavirus relief bill. The Chief of Staff for Congresswoman B. Maloney’s (D-12) New York Office answered some questions during a recent meeting of Community Board 8’s Small Business Committee.

Shelby Garner first discussed some ...

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IRS urges taxpayers to gather tax documents now for smooth filing later

January 23, 2021

WASHINGTON —The Internal Revenue Service is reminding taxpayers that organizing tax records is an important first step for getting ready to prepare and file their 2020 tax return.

Taxpayers should keep all necessary records, such as W-2s, 1099s, receipts, canceled checks and other documents that support an item of income, or a deduction or credit, appearing on their tax ...

Get a federal tax refund faster with direct deposit

IRS YouTube Videos:

Direct Deposit for Your Tax Refund − English

WASHINGTON — The Internal Revenue Service reminds taxpayers that the fastest way to get their tax refund is by filing electronically and choosing direct deposit.

Direct deposit is free, fast, simple, safe and secure. Taxpayers can even split their refund to have it deposited into one, two or three different ...

Taxpayers can visit IRS.gov from the safety of their home for answers to tax questions

As people get ready to file their 2020 tax return, the IRS reminds taxpayers they can find answers to their tax questions from the safety of their home using IRS online tools and resources. These IRS.gov tools are easy to use and available 24 hours a day.

IRS Free File. Almost everyone can file their tax return electronically for free. The software does all the work of finding deductions, ...

2021 tax filing season begins Feb. 12; IRS outlines steps to speed refunds during pandemic

WASHINGTON ― The Internal Revenue Service announced that the nation's tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

The Feb. 12 start date for individual tax return filers allows the IRS time to do additional programming and testing of IRS systems following the Dec. 27 tax law changes that provided a second ...

IRS Free File available today; claim Recovery Rebate Credit and other tax credits

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Do Your Taxes for Free with Free File - English |Spanish

WASHINGTON – IRS Free File – online tax preparation products available at no charge launched on Friday, January 15, giving taxpayers an early opportunity to claim credits like the Recovery Rebate Credit and other deductions, the Internal Revenue Service announced.

Leading tax software providers make ...

Businesses have Feb. 1 deadline to provide Forms 1099-MISC and 1099-NEC to recipients

WASHINGTON − The Internal Revenue Service today reminded businesses and other payors that the revised Form 1099-MISC, Miscellaneous Income, and the new Form 1099-NEC, Nonemployee Compensation, must be furnished to most recipients by Feb. 1, 2021.

Redesigned Form 1099-MISC

The IRS revised Form 1099-MISC for the 2020 tax year to accommodate the creation of a new Form 1099-NEC. The ...