New York state has a great program called the Voluntary Disclosure Program, which basically means if you come to New York and file your unfiled return or declare your back taxes they’ll usually waive all the penalties. You will still have to pay the interest, but you can get the penalties waived. We’re happy to work with our clients to apply for this program in order to save them thousands of dollars on penalties. We’ve done it many times with a 99% success rate. It’s a great program that New York state offers, and we’re happy to discuss that during the initial consultation. The New York City accountants at 212 Tax can help you apply for the New York State Voluntary Disclosure program.
What is the New York State disclosure rule and what does it affect?
October 11, 2016 / / Comments Off on What is the New York State disclosure rule and what does it affect?
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