22 November, 2025 | Sales Tax
What to Do When You Haven’t Been Paying NY Sales Tax Business owners have unique obligations when it comes to paying taxes. Unfortunately, these obligations can get complicated, especially when you have to understand both federal and state tax laws. Have you missed paying sales tax when you should have been? In New York, it’s importan... CONTINUE READING
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
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... CONTINUE READING
If you haven’t filed your taxes, you may think you can fly under the radar and not be detected by the IRS. Unfortunately, the IRS probably has information about you already, so the agency will quickly realize that you skipped your filing obligation. For instance, the IRS m...
