685 – Additions to Tax and Civil Penalties.
§ 685. Additions to tax and civil penalties.–(a) (1) Failure to file tax return.– (A) In case of failure to file a tax return under this article on or before the prescribed date (determined with regard to any extension of time for filing), unless it is shown that such failure is due to reasonable cause […]
686 – Overpayment.
§ 686. Overpayment.– (a) General.– The commissioner of taxation and finance, within the applicable period of limitations, may credit an overpayment of income tax and interest on such overpayment against any liability in respect of any tax imposed by this chapter, including taxes imposed under article twenty-three of this chapter, on the person who made […]
687 – Limitations on Credit or Refund.
§ 687. Limitations on credit or refund.– (a) General.– Claim for credit or refund of an overpayment of income tax shall be filed by the taxpayer within (i) three years from the time the return was filed, (ii) two years from the time the tax was paid, or (iii) in the case of any overpayment […]
676 – Employer’s Failure to Withhold.
§ 676. Employer’s failure to withhold. If an employer fails to deduct and withhold tax as required, and thereafter the tax against which such tax may be credited is paid, the tax so required to be deducted and withheld shall not be collected from the employer, but the employer shall not be relieved from liability […]
677 – Designation of Third Parties to Perform Acts Required of Employers.
§ 677. Designation of third parties to perform acts required of employers.–In case a fiduciary, agent, or other person has the control, receipt, custody, or disposal of, or pays the wages of an employee or group of employees, employed by one or more employers, the tax commission, under regulations promulgated by it, is authorized to […]
678 – Liability of Third Parties Paying or Providing for Wages.
§ 678. Liability of third parties paying or providing for wages.–(a) Direct payment by third party.–If a lender, surety or other person, who is not an employer with respect to an employee or group of employees, pays wages directly to such an employee or group of employees, employed by one or more employers, or to […]
659 – Report of Federal Changes, Corrections or Disallowances.
§ 659. Report of federal changes, corrections or disallowances. If the amount of a taxpayer’s federal taxable income, total taxable amount or ordinary income portion of a lump sum distribution or includible gain of a trust reported on his federal income tax return for any taxable year, or the amount of a taxpayer’s earned income […]
660 – Election by Shareholders of S Corporations.
§ 660. Election by shareholders of S corporations. (a) Election. If a corporation is an eligible S corporation, the shareholders of the corporation may elect in the manner set forth in subsection (b) of this section to take into account, to the extent provided for in this article (or in article thirteen of this chapter, […]
661 – Change of Election.
§ 661. Change of election. Any election expressly authorized by this article may be changed on such terms and conditions as the tax commission may prescribe by regulation.
662 – Computation of Tax Where Taxpayer Restores Substantial Amount Held Under Claim of Right.
§ 662. Computation of tax where taxpayer restores substantial amount held under claim of right. (a) General. If: (1) an item was included in New York adjusted gross income for a prior taxable year (or years) because it appeared that the taxpayer had an unrestricted right to such item, and (2) for the current taxable […]