NYS Dept of Taxation and Finance Offers Tax Relief with their 2010 Penalty and Interest Discount Program

By Gloria Dulan-Wilson

I just received this bit of good news from Assemblywoman Annette M. Robinson, who represents the 56 A.D. of Brooklyn, NY. For those of you who are struggling with the triple tax we have in New York - City/State/Federal - this may well be good news indeed. I am hoping the links come through my blog okay so that you can click on them to directly contact the appropriate people. If not, please call the number at the bottom of the page.

And remember, the Post, The Daily News, Caribbean Life and other papers have posted the addresses of those who are in arrears in their taxes and water leins. Make sure you're not one of them; do what you need to do to secure your home.

Make sure you pass this information on to friends, neighbors, enemies, relatives, and anyone you know who would benefit from this information. It's only through sharing and keeping each other informed that we develop and sustain a strong community. And remember, the deadline is MARCH 15.

Good luck,
Stay Blessed &
ECLECTICALLY BLACK
Gloria Dulan-Wilson

THE INFORMATION FOLLOWS BELOW:

 

 

Community Resident:

 

The State of New York Department of Taxation and Finance currently has a program under way called 2010 Penalty and Interest Discount Program (PAID). This program allows a brief opportunity for New York taxpayers to clear up delinquent tax bill while taking advantage of substantial reduction in the penalties and interest. In order to realize any savings, eligible taxpayers must make all payments by the program's expiration date, March 15, 2010.

 

Save up to 80% of the penalty and interest on your New York State tax debts

 

The PAID (Penalty and Interest Discount) program gives taxpayers with older unpaid bills the chance to save up to 80% of the penalty and interest they owe.

To take advantage of the program's savings, you must make all payments by the program's expiration date, March 15, 2010. If you don't pay in full by that date: your opportunity for these savings will be lost forever any unpaid tax debts will continue to accrue interest at the full statutory rate.

Video: About the PAID Program

Why PAID is good for you

• You can save:
  
  • 80% of accrued penalty and interest on unpaid bills issued on or before December 31, 2003
    
  • 50% of accrued penalty and interest on unpaid bills issued after December 31, 2003 and on or before December 31, 2006.
    
• Unpaid tax bills are bad for your credit rating and can lead to liens and other enforcement actions.
  
• We're increasing our efforts to collect unpaid bills. If you act now and pay what you owe, you can take advantage of the savings and avoid collection actions.
  

Did you get a notice in the mail listing your unpaid bills eligible for the PAID program?

YES - To select which bills you want to pay and make your payment:

1. Create an Online Services account,
   
2. Log in to use Online Services, and then select "PAID Program - Select assessments and pay"
   

NO - To see if you have any unpaid bills eligible for the PAID program:

1. Create an Online Services account,
   
2. Log in to use Online Services, and then select "PAID Program - Select assessments and pay"
   

Have you already told us which bills you want to pay under the program by returning the list of unpaid bills by mail, web, or phone?

YES - View the status of the bills that you already selected for the PAID program:

1. Create an Online Services account if you don't already have one
   
2. Log in and select "PAID Program - View Statement of account and pay"
   

NO - You need to first indicate which bills you want to pay under the PAID program:

1. Create an Online Services account,
   
2. Log in to use Online Services, and then select "PAID Program - Select assessments and pay"
   

Need assistance?

• For more information, see TSB-M-09(13)C, (14)I, (12)M, (10)R, (20)S, Penalty and Interest Discount Program (PAID)
  
• Contact us at (518) 457-1726 (in-state callers without free long distance can call 1 888 272-9697).