Taxes

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 NYC mayor Bloomberg announces expanded EITC

May 11, 2013 

NYC mayor Bloomberg announces expanded EITC

New York Mayor Michael R. Bloomberg and a deputy mayor focused on healthcare have announced a pilot program to expand the Earned Income Tax Credit for low-income single workers without dependent children, with the goal of increasing employment and earnings.

 Affordable housing developer faces investigation on tax credits

May 6, 2013 

Affordable housing developer faces investigation on tax credits

A Miami federal grand jury is investigating South Florida's preeminent affordable-housing developer, the Carlisle Development Group, on allegations that it bilked the U.S. government out of millions of dollars in tax subsidies used to finance more than a dozen rental projects in Miami-Dade and Broward counties.

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