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DFS FINES SN SERVICING CORP. $100,000 FOR VIOLATIONS OF VACANT AND ABANDONED PROPERTY LAW
Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services (DFS) has fined SN Servicing Corp., a New York State-registered mortgage loan servicer, $100,000 for failing to maintain two properties in Gloversville, N.Y., under New York’s Abandoned Property Relief Act, which requires banks and mortgage services to fulfill certain maintenance obligations at “zombie” properties.
New law cuts red tape for real estate professionals, businesses; takes additional bill...
Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides...
FISCAL 2019 REAL ESTATE and PERSONAL PROPERTY TAX BILLS
FY 2019 first quarter Real Estate and Personal property tax bills will be due on Wednesday, August 1st, 2018. Bills were mailed to all property owners on June 30th, and include both the August payment stub and the November stub (due on November 1, 2018).
Reps. McNerney and Garamendi Offer Amendments to Protect California Water Rights and Ensure Tunnels...
Congressmen Jerry McNerney (CA-09), and John Garamendi (CA-03) offered amendments to H.R. 6147, the Interior and Environment appropriations bills, to remove language that would prohibit state and federal lawsuits against the twin tunnels and to strip l...
Ways and Means Democrats Question Possibility of Politically-Motivated IRS Overreach
U.S Representative Bill Pascrell, Jr. (D-NJ-09) and 10 Democratic members of the Ways and Means Committee sent a letter to Internal Revenue Service (IRS) Acting Commissioner David Kautter requesting an explanation for the agency’s decision to create restrictions on the prepayment of 2017 property taxes that are not included in the Tax Cuts and Jobs Act of 2017 (TCJA).
Three New Laws That are Affecting You in 2018
Hundreds of laws get passed every year that can affect you as a Texas resident. These new laws can cause legal concerns and sprout confusing legal questions for both you and your families. Here are a few of the laws that began to take effect in 2018.
How Workplace Discrimination Impacts Employees
According to the Enforcement and Litigation Data report for fiscal 2016, released by the US Equal Employment Opportunity Commission (EEOC) on January 18, 2017, the EEOC received 91,503 charges of workplace discrimination in 2016. Out of all the workplace discrimination charges, retaliation topped the list at 45.9%, followed by race-based discrimination with 35.3% charges
New York City Fire Fatalities Rise 35% in 2017
While 2016 was the Big Apple’s safest year in terms of fire fatalities, 2017 experienced a 35% spike, increasing from 48 fire deaths to 73 in the year just concluded. The 2016 low corresponded with a decades-long trend than can be largely attributed to an increase in fire sprinkler system installations, as New York City regulations have consistently expanded requirements for sprinklers.
GOVERNOR CUOMO UNVEILS 6TH PROPOSAL OF THE 2018 STATE OF THE STATE: CONTINUE TO...
Governor Andrew M. Cuomo today unveiled the 6th proposal of the 2018 State of the State: the 2018 taxpayer savings plan to continue to combat New York's most burdensome tax - the local property tax.
Senators to Tax Budget Conferees: Remove Harmful Renewable Energy Provisions, Protect Clean Energy Blue-Collar...
As Republicans on the congressional tax scam conference committee try to finalize their partisan plan this week, Senators Ben Cardin (D-Md.), Edward J. Markey (D-Mass.), Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), Amy Klobuchar (D-Minn.), Jeff Merkley (D-Ore.), Tom Udall (D-N.M.), Michael Bennet (D-Colo.) and Richard Blumenthal (D-Conn.) are demanding removal of renewable energy provisions from the final conference report that would devastate clean energy deployment and job growth.
Mayors Look for Solutions on Property Taxes 102nd Annual Conference of the League of...
18,000 municipal officials, exhibitors, program participants, and guests are expected to attend the largest annual gathering of municipal officials in the country. The 102nd Annual League of Municipalities Conference will be held at the Atlantic City C...
California Resident Sentenced to Prison for Filing Fraudulent Tax Returns Using Stolen IDs of...
A California resident was sentenced to 54 months in prison today for conspiring to file false claims for tax refunds, submitting false claims for tax refunds, mail fraud, and aggravated identity theft, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney Brian J. Stretch for the Northern District of California
Lawsuit Challenges Destructive Delta Tunnels Project in California
A coalition of conservation groups today sued the California Department of Water Resources over its approval of the controversial Delta tunnels project. The lawsuit was filed in Sacramento Superior Court by AquAlliance, California Sportfishing Protecti...
CITY OFFICIALS JOIN RADSON DEVELOPMENT AND PARTNERS TO BREAK GROUND ON 167 UNITS OF...
Representatives from the New York City Housing Development Corporation (HDC) and the New York City Department of Housing Preservation and Development (HPD), City Council Speaker Melissa Mark-Viverito, and Bronx Borough President Ruben Diaz, Jr. joined ...
Acton Couple Arrested for Defrauding the Treasury Department of Over $50 Million in Tax...
An Acton couple was arrested today and charged with defrauding the U.S. Treasury Department of more than $50 million in tax free energy grants as part of the American Recovery and Reinvestment Act of 2009. Christopher N. Condron, 45, and Jessica Metivi...
Governor Cuomo Announces Nearly $400,000 For Local Government Dissolutions and Consolidations
Governor Andrew M. Cuomo today announced nearly $400,000 through nine Local Government Citizens Reorganization Empowerment Grants to assist upstate New York municipalities with government reorganizations. Six towns and three villages received grants to...
Maryland Real Estate Flipper Pleads Guilty to Obstructing IRS and Failing to File Tax...
A Maryland man who bought, improved and sold residential real estate pleaded guilty today in U.S. District Court for the District of Maryland to one count of obstructing the lawful functions of the Internal Revenue Service (IRS) and four counts of failing to file personal and corporate income tax returns, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and Acting U.S. Attorney Stephen M. Schenning for the District of Maryland.
Governor Wolf Signs Civil Asset Forfeiture Reform Bill into Law
Governor Tom Wolf today signed Senate Bill 8, sponsored by Sen. Mike Folmer, into law as Act 13 of 2017. The bipartisan bill reforms asset forfeitures, which are civil proceedings against property that allow law enforcement to take possession of proper...
Governor Wolf Signs Civil Asset Forfeiture Reform Bill into Law
Governor Tom Wolf today signed Senate Bill 8, sponsored by Sen. Mike Folmer, into law as Act 13 of 2017. The bipartisan bill reforms asset forfeitures, which are civil proceedings against property that allow law enforcement to take possession of proper...
Collins and New York State Leaders Praise Inclusion of NYS Property Tax Reduction Language...
Congressman Chris Collins (NY-27) today hailed the inclusion of his amendment to the House passed American Health Care Act into the Senate version of the bill. The amendment, introduced with Congressman John Faso (NY-19), would require New York State to take over the county portion of Medicaid by 2020 and would provide the largest property tax reduction ever to Western New York.
Flood Insurance Must Protect Homeowners and Taxpayers Alike, says Hultgren
U.S. Representative Randy Hultgren (IL-14) urged reforms to the National Flood Insurance Program (NFIP) to ensure taxpayers are shielded from unnecessary risk at a hearing today on “Flood Insurance Reform: A Taxpayer’s Perspective.” Many Illinois homeowners and businesses rely on NFIP to protect themselves from disaster after a flood, so the program must be changed so it benefits those who need it most. Reliable data and accurate mapping are essential to reflect the risks to communities located on flood plains.
Sullivan County Tax Foreclosure Auction Is June 14-15
The 2017 Sullivan County Real Estate Tax Foreclosure Auction will be held Wednesday, June 14 and Thursday, June 15 at the Ramada Rock Hill at 283 Rock Hill Drive in Rock Hill, NY. Sullivan County Treasurer Nancy Buck urges potential bidders – especially first-time bidders – to attend a Bidder’s Seminar on Monday, June 12 at 7 p.m. at the same location.
Florida Realtors® Commends Gov. Scott for Signing HB 7109
Maria Wells, 2017 president of Florida Realtors® and broker-owner with Lifestyle Realty Group in Stuart, issued the following statement regarding Governor Rick Scott’s signing of HB 7109 today
Congresswoman Marcia L. Fudge Supports Plan To Transform Quicken Loans Arena
Congresswoman Marcia L. Fudge (OH-11) announced she supports the plan to transform Quicken Loans Arena. The building’s improvements – which feature increased public areas and address structural flaws and shortcomings in the building – would extend the life of the arena and the Cavaliers’ lease in Cleveland through 2034.
STATEMENT FROM GOVERNOR PHIL SCOTT’S OFFICE ON OPPORTUNITY TO PROVIDE MILLIONS IN PROPERTY TAX...
Governor Phil Scott’s Communications Director Rebecca Kelley today issued the following statement in response to the Vermont National Education Association’s (NEA) opposition to an opportunity to provide Vermonters millions in property tax relief without reducing teacher benefits
FIRST HALF OF 2017 PROPERTY TAX STATEMENTS ARE MAILED, DUE DATE MAY 1
Property tax statements for the first half of 2017 are in the mail, Clark County Treasurer Doug Lasher announced Monday. Property tax statements include property tax levy amounts, special assessments and certain fees. The Treasurer’s Office sent 67,000 paper statements, 78,000 postcards to taxpayers whose mortgage companies pay their taxes, and 6,000 e-statements to people who registered to receive tax bills online
City Issues Property Tax Reminder
The City of New Orleans issued an important property tax reminder. At the end of April, residents will receive a supplemental property tax bill with payment due May 31, 2017. On December 10, 2016, New Orleans voters approved a new property tax millage ...
SARATOGA & CAPITAL REGION HOMEOWNERS IN TAX JEOPARDY AS NEWLY CONFIRMED U.S. TREASURY SECRETARY...
Standing with Saratoga County homeowners and amidst rising local anxiety, today U.S. Senate Minority Leader Charles E. Schumer launched a push to preserve popular, but increasingly at-risk tax deductions Saratoga homeowners and taxpayers depend upon to keep the Capital Region’s cost of living in-check. Whether new Saratoga homeowners, longtime owners, or those looking to buy right now, Schumer said locals are in tax jeopardy as newly-confirmed U.S. Treasury Secretary Mnuchin has suggested threats to mortgage, state and local property tax deductions.
City Adds Fifth and Final Debris Pass for New Orleans East Tornado Recovery
The City of New Orleans announced it will add its fifth and final pass for debris removal from residential properties in the area most impacted by the Tornado (Chantilly Drive to Bullard Avenue and from Chef Menteur Highway to Dwyer Road) from Tuesday,...
TAX EXEMPT VALUES OUTPACE TAXABLE PROPERTY
Hamilton County Auditor Dusty Rhodes reports the market value of tax exempt property values has grown at a much faster rate than the value of taxable property in the county over the last quarter-century.
