Tax season is upon us, and there are some major law changes in effect this year, because of the One Big Beautiful Bill. Here’s a breakdown of what to know before filing. NBC New York’s Lynda Baquero reports.

It is no secret that costs associated with our pets can be very expensive, from day-to-day care to unexpected medical emergencies.

Because of this, a bill in the New York State Assembly is proposing tax credits for expenses related to the well-being of our furry friends. The benefit would include expenses from 2026 fiscal year.

The bill states "domestic pet," which is defined as any "dog ​​or cat kept primarily for the purpose of companionship."

Under this proposal, an owner could receive credits of up to $150 per each pet for everyday expenses. That includes food, leashes, grooming supplies and other items deemed essential for a pet's care.

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