July 23, 2025 | Uncategorized
Behind on Payroll Taxes in New York? What You Need to Know Employees in New York must deal with federal, state, and sometimes, local payroll taxes. Failure to pay or file these taxes can lead to significant penalties and potentially put your business at risk. To get help now, contact us at the Law Offices of Timothy S. Hart today, or read on for more details. Key Takeaways: Employers in Ne... CONTINUE READING
July 23, 2025 | tax collections Tax Relief Uncategorized
Who Can Be Held Personally Liable for New York State Business Taxes? In New York, the Department of Taxation and Finance (DTF) has the right to hold individuals responsible for unpaid sales or withholding taxes. The state is willing to go after individuals who have the authority and responsibility to track, calculate, withhold, deposit, or otherwise remit the business's sales or payroll taxes to the NYS DTF. If you've ever worked for or owned a business that fai... CONTINUE READING
July 23, 2025 | payroll tax tax collections
Shutting Down a Business With Tax Debt What to Expect and What You Need to Do: Making the decision to shutter your company can be stressful, but it also means having to manage existing tax debt. It’s a misconception that closing your doors gets you off the hook. If you owe federal or New York State taxes, the business is financially responsible for paying them, and in some cases, you may be personally liable for unpaid... CONTINUE READING
June 28, 2025 | Tax Debt Tax Help
Why Did I Get a Certified Letter from the IRS? Receiving a certified letter from the IRS may cause you to feel nervous. After all, most IRS notices don’t usually signal happy news. While the IRS may not be sending something with devastating news, their certified letter is something serious that requires your attention. Never ignore a certified letter from the IRS. These letters genera... CONTINUE READING
June 28, 2025 | Payment Plans Tax Laws
Business Tax Attorney NY — Resolve Your Business Tax Problems If you have a business tax concern, we can help. At the Timothy S. Hart Law Group, we understand the complex range of problems and concerns faced by New York business owners. Whether you're just getting ready to launch or ready to shut down operations, we can help you. Business owners in this state have substantial tax responsibi... CONTINUE READING
June 28, 2025 | payroll tax
Can You Really Go to Jail for Unpaid Payroll Taxes? The bad news is, yes, you can go to jail for unpaid payroll taxes. The good news is, this is generally only a risk if you're willfully avoiding the IRS’s attempts to remedy the situation or you’re intentionally attempting to defraud the IRS or evade paying taxes. Not paying payroll taxes isn't necessarily a crime. But... CONTINUE READING
May 13, 2025 | Tax Fraud Tax Relief Uncategorized
New York Tax Evasion Attorney for Federal IRS Charges If your tax account gets referred to the IRS Criminal Investigation (CI) Unit, then you’re in a precarious position. Statistics from 2023 showed that the IRS’s CI team investigated around 2,676 cases and obtained an astonishing... CONTINUE READING
May 12, 2025 | Tax Issues Uncategorized
What if I Didn’t Report Cryptocurrency on My Taxes? Not reporting your cryptocurrency gains or losses will impact you in the same way that not reporting gains or losses from stocks affects you. In other words, if you have losses, you miss out on tax benefits, and if you have gains, you will incur penalties or other consequences due to failure to report income. As of 2025, around one in five US adults is... CONTINUE READING
May 12, 2025 | Tax Audits Unfiled Tax returns
What Happens If You Don’t File Taxes? Look at the Risks and Consequences of Not Filing Tax Returns. Not filing your taxes can have significant consequences, even if you don’t think you owe a balance to the IRS. Failure to file can cause you to lose tax refunds or subject you to harsh penalties and collection actions. To help you un... CONTINUE READING
April 20, 2025 | tax collections Uncategorized
Statute of Limitations on NY State Tax Debt—How Long Can They Collect? After state taxes have been assessed, the Department of Taxation and Finance (DTF) can only collect taxes for a set period of time. In New York State, the statute of limitations is generally 20 years. However, there are exceptions, and the starting point for the 20 years depends on the specific details of your tax situation. This limit differs for each state, and as a New York resident... CONTINUE READING
Behind on Payroll Taxes in New York? What You Need to Know Employees in New York must deal with federal, state, and sometimes, local payroll taxes. Failure to pay or file these taxes can lead to significant penalties a...
