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Law, Accounting & Taxes

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Capital Region auto dealer sentenced for $160K in sales-tax theft

COLONIE, N.Y. — An Albany–area car-dealership business owner has been sentenced for stealing more than $160,000 in sales taxes by underreporting more than $2 million in taxable sales. That’s according to a Friday, Jan. 24 announcement from New York Attorney General Letitia James and Acting Commissioner of the New York State Department of Taxation and

NYS Comptroller DiNapoli

Former Candor mayor admits to stealing money from Tioga County village

CANDOR, N.Y. — The man who once served as mayor of the Village of Candor in Tioga County has admitted he stole more than $23,000 from the village government. New York State Comptroller Thomas DiNapoli and the New York State Police announced Eric Halstead’s guilty plea on Jan. 10. As part of his plea, Halstead

Charles Schumer NSTC

Albany NanoTech to use $825M for R&D in national semiconductor tech center

ALBANY, N.Y. — Albany NanoTech is the first flagship facility of the National Semiconductor Technology Center (NSTC). It follows a final agreement between NY CREATES, Natcast, and the U.S. Department of Commerce. The pact means $825 million in federal research and development (R&D) investment from Schumer’s CHIPS & Science Law, the office of U.S. Senate

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