How Businesses Can Avoid a New York Sales Tax Audit For many business owners, few letters are more stressful than a notice from the New York State Department of Taxation and Finance announcing a sales tax audit. A New York…
Falling behind on tax filings happens more often than many people realize. A business downturn, divorce, illness, financial stress, payroll issues, confusion over tax obligations, or simply feeling overwhelmed can cause taxpayers to stop filing returns for years. For some…
The IRS has a wide variety of tools that it can use to enforce tax laws. The agency can assess a penalty if you have failed to file your tax return on time, which can increase the amount of money…