Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Long Islanders resumed spending in force last month after a sluggish holiday shopping season marred by superstorm Sandy, the Connecticut school shooting and the "fiscal cliff" debate in Washington.
Sales tax collections soared year over year in January. They were up 9 percent in Nassau County and 5 percent in Suffolk County, the state Taxation and Finance Department said Wednesday.
January's...Read more »
Wednesday is the first day New York State residents can file their 2012 income tax returns. It's also the day the Internal Revenue Service will begin accepting 2012 tax filings, eight days later than originally planned.
State tax officials said Tuesday they expect to process about 10 million forms, most of them filed online.
The deadline is April 15, to avoid penalties and interest...Read more »