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The biggest misconceptions with New York City Residency Tax

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New York State brings in over a billion dollars every year from residency income tax audits. Many NY State residents believe they can get away with avoiding the NYS income taxes. Residents fail to realize the government has access to all credit card bills and cell phone records. Now with transactions mainly electronic, it’s impossible to slip through the cracks of the government. If you’re willing to take the risk make sure your books and records are up to date. Contact a qualified CPA at 212 Tax Accounting Services today before you’re audited.

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