The New York Department of Taxation and Finance will soon send the state’s “first-ever inflation refund” checks. New York Governor Kathy Hochul first announced the program in May. The one-time payment aims to provide financial relief from higher sales taxes due to inflation, according to the release. More than 8 million New Yorkers will receive refunds, according to the state. Payments will be mailed starting at the end of September. Eligibility is based on filing details from tax year 2023. Those who qualify filed Form IT-201 as a state resident, have reported income within the qualifying thresholds and were not ... (full story)