9 June, 2024 | Sales Tax Tax Audits
Restaurant Sales Tax New York State — Rules and Failed Compliance Complex tax rules govern when, how, and for which products New York restaurants and bars can collect sales tax. It is crucial that restaurant owners understand these intricate requirements and their own obligations before going into business. Mistakes can lead to heavy penalties. Learn more about sales tax on food in New York... CONTINUE READING
8 February, 2024 | Sales Tax Uncategorized
Summary This article explains sales tax in New York. It covers how it works, how to file and pay, and the consequences of failing to comply. Businesses selling taxable products or services in New York must register with the Department of Taxation and Finance and collect sales tax from customers. Taxable sales generally include tangible personal property and certain services. Sales tax rates combine the state rate (4%) and local rates, which vary by jurisdiction. Businesses must collect... CONTINUE READING
What is the Difference Between an IRS Revenue Officer and an IRS Revenue Agent? When an IRS representative contacts you directly to discuss your taxes—whether it’s a specific return, the results of an...
