In New York State, sales tax applies to specific software licenses and many cloud-based products. This tax is assessed based on the location of the end user. However, many sellers erroneously apply sales tax based on the “ship to” address, leading to overpayment for users located outside New York State. The tax rate varies across the state, with the highest being 8.875% in New York City.
Source Advisors has built relationships with major technology vendors, ensuring efficient processing of claims. Their expertise and technology enable businesses to recover funds with minimal resource allocation.
Any company headquartered in New York with remote users is a candidate for tax recovery. While there is no strict employee count requirement, larger organizations stand to benefit significantly. The process includes:
Businesses paying New York State Sales and Use Tax must remain vigilant to avoid overpayments. Leveraging specialized expertise and tools, such as those offered by Source Advisors, can help companies recover significant sums and improve tax compliance moving forward.
Our sales tax experts combine decades of in-the-field experience to ensure 100% client satisfaction. We’re ready to solve your sales tax challenges with the professional, personalized, and attentive service you expect from a boutique firm
