Tax Power™ U.S. Tax & Business Advisory Services and Solutions
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Andy Powers-A Professional who cares..About YOU!
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NY Businesses Face $10,000 Fine Unless They Pay $50 For New Sales Tax Authority Certificate By 2/1/2010Attention NY small business owners-Your sales tax Certificate of Authority expires on 2/1/2010 and if you don't pay NYS extortion money of $50 to renew your CoA by then NY says that they may impose a $10,000 penalty if you do business without the new CoA. This is part of the many "HIDDEN" new license requirements (like the salt water fishing license) and increased taxes (disguised as fees) that were secretly legislated by Albany as part of the Governor's 2009 budget.
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