Weather Alert  

COASTAL FLOOD ADVISORY REMAINS IN EFFECT UNTIL MIDNIGHT EST TONIGHT * WHAT...One to locally two feet of inundation above ground level expected in vulnerable north shore communities of the twin forks of LI, north shore of LI, and north facing LI barrier island communities for today's AM and possibly PM high tides near the waterfront and shoreline. * WHERE...Northwest Suffolk, Northeast Suffolk, Southwest Suffolk, Southeast Suffolk, Northern Nassau and Southern Nassau Counties. * WHEN...Until midnight EST tonight. * COASTAL IMPACTS...Minor to locally moderate flooding is expected in the most vulnerable locations near the waterfront and shoreline. Expect around 1 to locally 2 feet of inundation above ground level in low lying, vulnerable areas. A few to several roads and low lying property including parking lots, parks, lawns and homes/businesses with basements near the waterfront will experience shallow flooding. A few cars may take on water and be damaged if not moved. * SHORELINE IMPACTS...3 to 5 ft surf likely for north shore of LI and north shore of south fork shorefront with Sat AM tides, which will likely cause beach erosion and possibly minor damage to shoreline structures. Along the oceanfront, surf should build to 4 to 8 ft tonight into Sun AM, with scattered dune erosion impacts during those tidal cycles. * ADDITIONAL DETAILS...Minor to locally moderate coastal impacts are possible for the same north shore communities of the twin forks of LI, north shore of LI, and north facing LI barrier island communities for this evening's high tides as well. There is potential for more widespread minor coastal flooding along the southern and eastern bayfront communities of Long Island with the Sunday morning high tide.

Governor Cuomo Signs Legislation to Protect Non-Profits from Federal Tax Hike

LongIsland.com

Bill Decouples State Tax Code from Change Made to Federal UBIT by the Trump Tax Plan—Ensuring Non-Profit Employers Can Continue to Subtract Expenses for Commuter and Other Benefits.

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NYS Governor Andrew M. Cuomo.

Photo by: Office of Governor Andrew M. Cuomo, via Flickr.

New York, NY - December 10, 2018 - Governor Andrew M. Cuomo today signed legislation (S.08831/A.11051) to protect non-profits from a tax hike resulting from the federal tax bill. This legislation decouples the New York State tax code from a change made to the federal Unrelated Business Income Tax by the Federal Tax Cuts and Jobs Act, which considered the amount paid or incurred by any non-profit employer for commuter benefits, such as transit or parking, as taxable income.
 
"The federal tax bill egregiously raises costs on non-profits operating in New York State," Governor Cuomo said. "By decoupling from this area of the federal tax code, we are taking action to protect these critical organizations from the federal assault and sending a strong message that New York stands with the non-profit community."
 
"The federal tax bill is an attack on hardworking New Yorkers," said Lieutenant Governor Kathy Hochul."This legislation will help to protect non-profits from experiencing a tax increase as a result of the Trump tax plan. We want to ensure that nonprofits are not forced to decide between paying more in taxes and cutting employee benefits. Non-profits play a critical role in providing services to New Yorkers, and this tax hit orchestrated by Washington will undermine their ability to perform those functions."
 
Without legislation, New York would automatically follow the new federal statute, which would impose an additional 9% tax on not-for-profits and divert millions of dollars from the nonprofit sector each year. Today's legislation will ensure that non-profit employers can continue to subtract expenses for commuter benefits when calculating the state Unrelated Business Income Tax.
 
Senator Michael H. Ranzenhofer said, "The change made to the federal unrelated business income tax seriously hurts non-profits in New York and put many of them at risk. By signing this legislation, Governor Cuomo is standing up for these groups. I commend the Governor for taking this important action."
 
Assemblywoman Amy Paulin said, "The change made to the federal unrelated business income tax seriously hurts non-profits in New York and put many of them at risk. Preventing this unintended tax at the state level is the right thing to do for employees, for non-profit employers, and for the New Yorkers who rely on the vital work done by our not-for-profit sector. I commend the Governor for taking this important action."