Author: Junaidul IslamLast updated: October 10, 2026 If you earn money using artificial intelligence tools, freelance marketplaces, or gig platforms in New York, the amount you receive from clients is not necessarily the amount you get to keep. Federal income tax, self-employment tax, New York State income tax, and potentially New York City taxes can … Read more
By Junaidul IslamLast reviewed: October 10, 2026 If you live or work in New York, your paycheck can be affected by several different taxes. Federal income tax, New York State income tax, Social Security and Medicare all play a role in determining how much of your salary you actually keep. If you live in New … Read more
If you operate a freelance business, consulting practice, professional service, or partnership in New York City, understanding the Unincorporated Business Tax (UBT) can be important when planning your annual tax payments. New York City has its own business tax rules for certain unincorporated businesses. This tax is separate from federal income tax, New York State … Read more
If you work for yourself in New York, knowing how much money you actually keep after taxes can be more complicated than it first appears. Whether you are a freelance designer in Brooklyn, an independent contractor in Manhattan, a consultant in Albany, a rideshare driver in Queens, or a small business owner in Buffalo, your … Read more
Selling an investment property in New York can create a substantial tax liability, particularly when the property has appreciated significantly or accumulated years of depreciation. Before accepting an offer, many property owners want to know one thing: How much of the gain could be deferred if they reinvest in another qualifying property? A 1031 Exchange … Read more
Planning what happens to your assets after your death involves more than deciding who receives your property. If you own a home, investment accounts, retirement savings, or a business in New York, estate taxes may affect how much wealth eventually passes to your beneficiaries. New York has its own estate tax system, separate from the … Read more
Dining out in New York City can cost more than the menu price suggests. Whether you are having dinner in Manhattan, meeting friends in Brooklyn, ordering takeout in Queens, or enjoying a meal in the Bronx, sales tax and gratuity can make a noticeable difference to your final bill. New York City generally applies a … Read more
Planning a hotel stay in New York City? Before you book a room in Manhattan, Brooklyn, Queens, or anywhere else in NYC, it is worth checking how much you will actually pay after taxes and mandatory hotel fees. The advertised nightly rate is not always the final price. New York City hotel bills can include … Read more
If your employer withheld more income tax than you actually owed, you may receive a refund when you file your tax return. If your payments were lower than your total tax liability, you may have a balance due instead. Our New York Tax Refund Calculator helps you organize these figures and estimate the difference between … Read more
Buying or selling property in New York involves more than agreeing on a sale price. Real estate transfer taxes can add thousands of dollars to the cost of a transaction, especially in New York City, where state and city taxes may apply to the same transfer. The New York Real Estate Transfer Tax Calculator below … Read more