Last year New York passed legislation providing for the suspension of the driving license of any individual owing a sum greater than ten thousand dollars in back tax. This has apparently been a successful policy as thousands of individuals have contacted the tax authorities to pay their tax or arrange for a repayment plan. So far, 8,900 individuals have had their licenses suspended. There has been a substantial increase in tax collection as a result of this measure and this effect is likely to continue into the future.
US – IRS Issues Revised Guidance on Business Expenses
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