- New York launched a sales and use tax amnesty-style program, the Penalty and Interest Discount (PAID) program, offering 100% penalty relief and 50% interest reduction on eligible outstanding bills.
- Eligible bills are those outstanding as of September 1, 2026, with formal appeal rights expired; the tax department will contact potentially eligible taxpayers starting in mid-September.
- To qualify, taxpayers must pay the full discounted balance for all eligible bills electronically by December 31, 2026.
- Payments can be made through an Online Services account or Quick Pay using the assessment ID, and partial payments are allowed only if the full amount due is paid by the deadline.
- Nonparticipants or taxpayers with ineligible bills remain liable for the full amount, with interest continuing to accrue and possible collection action.
Source: salestaxinstitute.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.
