Cuomo Signs Bill to Protect New Yorkers from Tax Increases Caused by Federal Tax Law

Governor Andrew Cuomo on Tuesday recognized Tax Day with the signing of legislation to protect New Yorkers from any tax increases brought about by federal tax reform. The legislation provides new options for tax deductible charitable donations, creates a new Employer Compensation Expense Program so that employers can help their employees maximize deductibility, and decouples the state tax code from the federal tax code.

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