Potential Refund Opportunity – Action Required by November 2, 2012
On August 22, 2012, a New York State Supreme Court Justice declared the Metropolitan Commuter Transportation Mobility Tax (“MCTMT”) to be unconstitutional. Companies who have operations within the New York City metro area that are very seasonal or have annual payroll costs in excess of $1 million, likely will benefit from this ruling. If these operations began before 2010, you may need to act before November 2, 2012, to maximize the benefit of the ruling…
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