A New York sales tax audit can expose your business to significant liability, penalties,
and potential criminal prosecution for larceny/fraud allegations.
Are you the subject of a New York Sales Tax Audit? Call now for a no-risk FREE consultation.
If you are the subject of a New York Sales Tax Audit, it can be a particularly stressful time for you and your business. The consequences of failing to turn over collected sales tax to the authorities can be very severe. Collection efforts on these debts are particularly vigorous and often very disruptive to businesses and personal lives.
An audit which determines that the business failed to turn over sales tax may result in felony prosecution, which may expose the owners to jail time.
Your license to do business may be revoked. In certain cases, individual owners, officers, directors, and members of a business may be held personally responsible and may be subject to criminal prosecutions.
An audit which determines that the business failed to turn over sales tax may result in felony prosecution, which may expose the owners to jail time.
If New York State contacts you about unpaid sales tax, immediately reach out to NYC sales tax audit lawyers at Thorgood Law Firm for much-needed FREE consultation.
Restaurants are frequent targets of New York sales tax audits because they often involve a mix of cash sales, credit-card
A New York sales tax audit can result in more than an assessment of additional tax. The New York State
A New York sales tax audit can end with an assessment substantially larger than a business owner expected. The auditor
The Tax Foundation is an independent tax policy nonprofit organization that has studied and researched tax policy since 1937. It reviewed the 2017 tax climates in each of the fifty…
Taxpayers that itemize deductions on Schedule A, (and file Form 1040) can deduct the cost of state income taxes on their federal tax return. The ability to deduct the full…
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…