New York takes sales tax liability seriously. It devotes significant resources to ensuring that businesses properly track, collect, and pay sales tax to the government. When a business fails to do that, the state enforces the law using a variety of tools at its disposal, including the following: Collection action against income and assets.
Many taxpayers don’t realize New York State can suspend their driver’s license in certain circumstances if they owe back taxes. The State can suspend a taxpayer’s New York State Driver’s License if: (1) A taxpayer owes $10,000 or more in taxes, penalties, or interest, and (2) No collection resolution is in place (such as
As the New York State Department of Taxation and Finance (NYSDTF) ramps up collection efforts against delinquent taxpayers, tax professionals must be prepared to advise their clients about what to do. Several collection tactics were highlighted in Tenenbaum Law’s presentation on New York State Tax Collections at the NYSSCPA, Nassau Chapter, Annual All-Day Tax Conference. Here
This year’s NYU Tax Controversy Forum brought together a distinguished panel to discuss the latest issues involving New York State’s civil tax enforcement. Accountants and attorneys advising clients with tax problems should be aware of some key developments, including the following: Driver’s license suspension. New York State can suspend a New York Driver’s License if the
The IRS and New York State have been progressively expanding their arsenal of tools to collect back taxes from delinquent taxpayers. At the recent BOOM B2B Expo and Executive Speaker Conference, we spoke to business owners about some of the most powerful enforcement techniques used by the federal and state government. IRS collection methods: Passport revocation.
Most people know the government can go after taxpayers who owe back taxes. However, few individuals realize that both New York State and the IRS now have the ability to restrict delinquent taxpayers’ ability to travel, whether by suspending their driver’s licenses or by revoking their passports. New York Driver’s License Suspension New York
A recent Long Island Business News article focused on New York State’s aggressive enforcement of its driver license suspension program. The program allows the state to suspend a New York State driver’s license if the driver owes $10,000 or more in tax, penalty, and interest and there is no collection resolution in place. A
