State Extending Sales Tax Interest And Penalty Relief Through June 22
Governor Cuomo announced the state is extending sales tax interest and penalty relief through June 22, 2020. The state previously provided relief through May 19th for returns due March 20th.
This extension could provide interest and penalty relief for up to 89,000 vendors who had returns due in March. These small businesses file their taxes quarterly and annually, and have taxable receipts of less than $300,000 in the previous quarter.