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We Make Taxes Less Taxing!
AV Rated Award
Super Lawyers 10 Years
Leadership in Law
Call For A Free Case Review

Will COVID-19 Affect Your Clients’ New York State Tax Residency?

Reprinted with permission by the Nassau County Bar Association. The shelter in place rules imposed by many states, including New York during the coronavirus pandemic, led many to leave their homes. In New York City, residents exchanged their cramped apartments for suburban summer homes in less densely populated areas with more living space and

IRS Announces Help for Taxpayers Who Can’t Pay Taxes Due to COVID-19

In November, the IRS announced several tax relief measures to help those struggling to pay their taxes as a consequence of COVID-19. The agency emphasized that it wants to give taxpayers more options in settling their tax debts and avoiding collection actions. If you can’t pay your taxes due to COVID-19, here are some

Steps You Can Take When You Can’t Pay Your Taxes

As the restaurant industry continues to struggle with the impact of COVID-19, tax bills are presenting yet another problem. Shut-downs, continuing restrictions on capacity, and added costs to protect workers and patrons have left restaurants and owners with little cash to pay income and sales taxes. Fortunately, there are payment options that can help

Are You Struggling to Pay Your Taxes?

COVID-19 has made it more difficult for many individuals and businesses to pay their taxes. While many tax relief measures passed earlier this year have expired, there are still remedies that may help minimize liability and/or delay payment. IRS: Payment Options. If you cannot pay your taxes when due, several payment options are available

July 15 Tax Deadline Looms: What You Need to Know If You Owe Back Taxes

As a result of the COVID-19 crisis, many federal and New York State tax deadlines were extended. In addition, those who had pending audits or tax collection matters or were paying off back taxes got a temporary break. However, many of these tax relief measures are set to end on July 15, 2020. What

Top 10 COVID-19 Tax Relief Provisions You Need to Know Now

Many individuals and businesses are facing significant financial problems arising from the coronavirus.  The Federal and New York State governments have responded with several changes to provide tax relief. Here are the key provisions taxpayers need to know: Federal Taxes 1. Filing and Paying Taxes. Taxpayers may defer filing and paying their federal taxes

Covid-19 Tax Relief Recap for Individuals and Businesses

As the coronavirus spreads, individuals and businesses are increasingly facing financial problems on top of the potential health concerns. In response to this, both the federal and New York State government have provided some tax relief. Here are a few developments: Federal Taxes The Treasury Department and the Internal Revenue Service have announced that

The Latest on New York State Tax Collections: Takeaways from the LI Tax Professionals Symposium

Audits are stressful experiences especially when it’s likely the taxpayer could owe a significant amount in back taxes and penalties. CPAs must be prepared to advise clients about how to deal with these situations. At the recent Long Island Tax Professionals Symposium, the attorneys from Tenenbaum Law spoke about several recent developments and methods

November 28, 2017|Categories: NYS Tax, Residency|Tags: , |

The Latest on New York State Civil Tax Enforcement: Recap from the NYU Tax Controversy Forum

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

Beware the IRS and New York State Tax Collection Arsenal: Takeaways from the BOOM Conference

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.

Did you file your NY tax return? Act fast if you want to avoid penalties.

If you missed the April 18th deadline for filing your New York State tax return, you could face serious penalties. Even if your case is not as egregious as the latest politician to be arrested for tax evasion, nonfilers are subject to monetary penalties and possible criminal charges. However, New York offers a way

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