Many unincorporated businesses incorrectly assume that as a pass-through entity, they are not liable for New York City (NYC) income tax at the entity level – costing them significant interest and penalties. NYC’s unique tax structure imposes an Unincorporated Business Tax (UBT) applicable to an array of businesses operating within the City. Our dedicated experts understand the burden businesses face in meeting their NYC tax obligations and are armed with the knowledge to walk you through the UBT to avoid the costly consequences of noncompliance.
Tune in to this informative webinar where we will navigate the nuances of UBT to help you fulfill your NYC tax responsibilities and avoid costly underpayment penalties and interest. Our State and Local experts will cover:
- The broad applicability of UBT rules to varying unincorporated businesses operating within the city
- Activities that are exempt from UBT
- Opportunities to limit potential UBT liability through voluntary disclosure
To register for the webinar, click here!