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REQUEST FOR PROPOSALS (RFP) NO. TP241016 TOUCHSTONE PROPERTY SERVICES SOLICITATION NUMBER TP241016 REQUEST FOR PROPOSALS FORManagement of City West Retail DATE ISSUED08/03/24NONMANDATORY PREPROPOSAL
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01
Obtain the CAT - Empire State form from the official website or your local tax office.
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Start filling out the form by providing your business name and EIN (Employer Identification Number).
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Report gross receipts and calculate your total income.
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Deduct any eligible expenses related to your business operations.
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Calculate your New York City taxable income.
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Businesses that operate in New York City and earn income.
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Entities that are subject to the City’s payroll tax and need to report their earnings.
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Accountants or tax professionals filing on behalf of businesses in New York City.
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What is cat - empire state?
The CAT (Commercial Activity Tax) is a tax imposed by the state of New York on businesses for their gross receipts from all business activities conducted within the state.
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Any business with gross receipts over a certain threshold in New York State is required to file the CAT.
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The purpose of the CAT is to provide revenue for state services and infrastructure, as well as to ensure that businesses contribute fairly to the state's economy.
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Businesses must report their total gross receipts, any allowable deductions, and calculate their tax liability based on the applicable rates.
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