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Congressman Tim Bishop applauded the proposal by the Treasury Department to eliminate unwarranted tax breaks for oil and gas companies as part of a broad overhaul of the corporate tax code.

Assemblyman Fred W. Thiele, Jr. announced his support for a groundbreaking agreement on a new statewide evaluation system that will make New York State a national leader in holding teachers accountable for student achievement.

For many businesspeople, traveling is a black hole of frustration, stress, and work that piles up while you're stuck on a plane. Jason Womack offers a wealth of strategies to help you make the most of your time on the move so that you can accomplish great things once you reach your destination.

The memes for the current economic recession have been "income inequality" and "the 99 percent versus the 1 percent" as the 106 million Americans earning $45,000 or less each year feel the most pain from job loss, foreclosure, underwater mortgages and inflation.

The demise of the House Republican Majority's Transportation Bill, which Transportation Secretary and former Republican Congressman Ray LaHood called "the worst transportation bill I have seen in my 35 years of public service," is another missed opportunity by the Republican majority to put Americans back to work.

Congressman Tim Bishop supported the bipartisan compromise to extend the two percent payroll tax cut and emergency unemployment insurance benefits to the end of 2012.

Taxpayers should have already received their W-2 income statements for 2011, and other necessary statements from their financial institutions. 3 comments

Assemblyman Fred W. Thiele, Jr. (I, D, WF-Sag Harbor) announced Assembly introduction of legislation establishing the fourth Tuesday in June as New York's primary election day for both federal and state offices.

Hamptons.com's extensive coverage of breaking news, arts, cultural events and sporting competitions has distinguished it as a leading source of information and commentary for the region and is the proud recipient of over a dozen awards from the Press Club of Long Island Chapter of the Society of Professional Journalists for our efforts in journalism.

Many people are confused about what records they need to keep and for how long. They hold onto tax returns, bank records, brokerage statements and other financial information simply because they don't know if they'll need it again.