Tom Corrie, Principal and Director of State and Local Tax at Friedman LLP, recently spoke with Jeff Roberts at Fortune on exceptions and enforcement of New York’s “convenience rule” and telecommuting.
Some middle-class telecommuters may wonder if they can avoid out-of-state tax headaches by simply declaring income in their resident state, and hoping for the best. Tom Corrie says that New York has historically targeted high income individuals for audits, rather than those making $50,000 a year.
But a modest income is no guarantee, of course, that an out-of-state telecommuter will escape an audit by New York tax authorities. This is especially the case given that the state, according to Corrie, is facing a drastic shortfall in sales-tax revenue as a result of the pandemic.
“The state is extremely hungry for money,” he says.
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