For many taxpayers and business owners, the end of a New York State tax audit feels like the finish line. Unfortunately, it often is not. After weeks—or even years—of responding to document requests, answering auditor questions, and negotiating findings, many…
The New York State Department of Taxation and Finance (NYSDTF) has the ability to conduct audits of businesses in many situations to ensure that they have paid the full amount of taxes. One common form of audit scrutinizes whether businesses…
New Yorker residents must pay both federal and state taxes. Each state has its own set of tax laws and auditors who work to ensure that all required taxes have been paid. However, while the concept of an audit is…