- New York Department of Taxation and Finance has issued guidance on amending Sales and Use Tax returns
- The guidance brings Sales and Use Tax returns under similar limitations as other tax filings
- Understanding these updates is crucial for businesses required to collect tax under Tax Law Article 28
- The new rules take effect for filing periods beginning on or after December 1, 2024
- Businesses need to be aware of these changes and how they may impact their tax filings
Source: thompsontax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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