News

NY reports collecting $3.9 billion in evaded taxes

NY reports collecting $3.9 billion in evaded taxes

Photo: WHCU

New York officials report collecting $3.9 billion in evaded taxes over the past year, an increase of about $200 million or five percent over the prior year.

The Department of Taxation and Finance says about 96 percent of the roughly $87 billion it collects in state and local taxes each year is remitted voluntarily by taxpayers.

Enforcement programs collect the balance, including $1.75 billion last year from audits and criminal investigations.

About $800 million was collected for local governments in the 2013-14 fiscal year that ended March 31.

The department says it also works with taxpayers to resolve debts and establishes payment arrangements.

Under a new program, the state reports suspending more than 8,100 driver licenses, resulting in full payments by some 7,000 taxpayers who each owed more than $10,000.

Copyright 2014 The Associated Press. All rights reserved.

Recent Headlines

in Music

Turn it down: Study says millions at risk for hearing loss

earphones

A new study shows almost half of all 12 to 35-year-olds listen to unsafe levels of music on their personal audio devices or cellphones.

in Music

This week’s top rock tracks

threedaysgrac

LISTEN: This week's top rock songs, according to the latest Billboard chart.

in Entertainment, Viral Videos

What color is this dress?

19-overlay6

The "great dress debate" has been dividing the Internet. Are you team #WhiteandGold or team #BlueandBlack?

in Music

Rock ‘n’ roll dreams come true for adults at Minnesota camp

rockcamp

Just because you have a family and a mortgage doesn't mean you can't rock and roll.

in Entertainment, Viral Videos, Weird

Llama drama captivates the nation

24-overlay3

Llama I'm coming home! Two llamas making a therapy visit to an Arizona retirement community escaped, sparking a hilarious chase caught live on TV.