Free workshop sponsored by Flagstar Bank seeks to help businesses maintain compliance

STATEN ISLAND, N.Y. (June 26, 2024) – Small-business owners can gain insight into some all-important state tax obligations during an upcoming SCORE-Staten Island webinar. The free online workshop – “Demystifying New York Sales Tax for Small Businesses” – is scheduled for Thursday, July 18, 1 to 2 p.m.

The seminar, sponsored by Flagstar Bank, will be conducted by Alfred Grillo, a certified public account (CPA) and SCORE-Staten Island certified mentor.

“Navigating the complexities of New York state sales tax is a critical task for small-business owners striving to maintain compliance and optimize their financial management,” states Grillo.

TOPICS OF IMPORTANCE

During the one-hour presentation, Grillo will provide information on a variety of essential topics, such as: Introduction to New York Sales Tax; Who Needs to Collect Sales Tax; How to Register for a Sales Tax Permit; Taxable vs. Non-Taxable Items; Sales Tax for E-Commerce Businesses; Economic “NEXUS” Treatment by State; Distinction Between “Sales Tax” and “Use Tax”;  How Does a Business Get Chosen for a Sales Tax Audit?; Sales Tax Collection and Remittance; Record Keeping Requirements, and Common Mistakes and How to Avoid Them.

HOW TO REGISTER

Those planning to attend the workshop may register online at https://www.score.org/statenisland/demystifying-ny-sales-tax, or leave a message for Marie at SCORE (718-727-1221) with their phone number and email address.

About SCORE-Staten Island

SCORE-Staten Island is dedicated to fostering a vibrant small-business community primarily in the New York City boroughs of Staten Island and Brooklyn, and nearby areas of New Jersey. The organization provides cost-free education and confidential mentoring to both aspiring and established entrepreneurs. Headquartered at 1855 Victory Boulevard, in the Salmon Real Estate Building, Castleton Corners, SCORE-Staten Island is Chapter 476 of the nationwide SCORE nonprofit association. A resource partner with the U.S. Small Business Administration, SCORE is funded in part through a cooperative agreement with the SBA. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. For additional information, or to schedule an appointment, SCORE-Staten Island may be visited at https://score.org/statenisland; telephoned at 718-727-1221; emailed at scorestatenisland@scorevolunteer.org, and visited on Meta/Facebook (https://www.facebook.com/SCOREStatenIsland) and LinkedIn (https://www.linkedin.com/company/score-mentors-staten-island).

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