MCTD Archives - Vision Payroll

Question of the Week: Why Do I Have a Big Withdrawal for MTA Payroll Tax This Week?

This week’s question comes from Rick, a business owner in Manhattan. This week’s tax liability expense was larger than normal, mostly due to the New York MTA Payroll Tax. Why do I have a big withdrawal for MTA Payroll Tax this week? As previously reported, the...

Tip of the Week: MTA Payroll Tax Imposed on MCTD Taxpayers

Employers and self-employed individuals within the Metropolitan Commuter Transportation District (MCTD) are now subject to the Metropolitan Commuter Transportation Mobility Tax or MTA Payroll Tax as of March 1, 2009. This tax will provide revenues to the Metropolitan...