tax credits

7:59am

Fri July 19, 2013
Politics and Government

Hanna introduces bill offering tax breaks for emergency responders

Richard Hanna discusses his recently introduced legislation.
Ellen Abbott/WRVO file photo

When Mahlon Irish became a Homer volunteer firefighter in 1974, it was common for 60 people to head out to a fire. Now, it can be difficult to get the 12 firefighters national standards call for to a working blaze. The decline in the number of volunteers through the years is blamed on many things -- from extensive training required to changing family dynamics. But the expense of being a volunteer is also an issue, says Irish, using the cost of gasoline as an example.

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5:38am

Mon April 8, 2013
The Upstate Economy

Developers stress urgency in revival of Watertown Woolworth building

Developer Erich Seber gives local officials a tour of the Woolworth building in downtown Watertown.
Credit Joanna Richards

After founding his first stores elsewhere, Jefferson County’s Frank Winfield Woolworth bought the building in Watertown where he got his start in the dry goods business, intending to raze it and build one of his own stores. Woolworth died before he could see it, but his company realized his plan and the building’s a central part of the early history of the five-and-dime chain. After years of vacancy, two developers have plans to revive the landmark.

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4:27pm

Thu March 28, 2013
Politics and Government

State budget includes more tax credits for film industry

The state budget includes a provision aimed at boosting the film industry in upstate New York. The new tax credit creates a two-tiered system that includes a 10 percent credit for productions using particular upstate locations.

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3:22am

Wed March 20, 2013
Regional Coverage

A new plan to bring back the Hotel Syracuse

Sen. Charles Schumer (D-NY) speaks in front of the Hotel Syracuse.
Ellen Abbott/WRVO

Sen. Charles Schumer is bringing his influence to the latest plan to revive the Hotel Syracuse.  The Democrat senator believes a federal tax credit program would help draw investors that would be willing to spend the millions it would take to restore the Warren Street historic landmark.

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3:10pm

Tue March 5, 2013
Regional Coverage

GOP pushes middle class tax breaks

New York Senate Republicans are pushing for middle class tax breaks in the new state budget, including a return to the New York State School Tax Relief Program property tax rebate checks curtailed in 2009.
 

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3:16pm

Fri January 4, 2013
The Upstate Economy

Research credit extension could be a double-edged sword

Tuesday’s fiscal cliff package included extensions to a range of business-related tax credits, including one aimed at supporting research and development. Although Rochester, Buffalo and Syracuse have some of the most active R & D economies in the country, experts say the deal could be a double-edged sword for upstate New York.

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11:06am

Thu December 27, 2012
Taxes

Tax season may bring changes and surprises next year

401(K) 2012 Flickr

There could be some surprises for taxpayers in 2013. Many of them may find themselves with a bigger tax bill next year.

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9:50am

Wed December 26, 2012
Energy

Nearing fiscal cliff, wind industry waits

Sarah Harris NCPR

For wind energy producers, the looming expiration date for the production tax credits, or PTCs, is getting even closer. 

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