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Under NYS Tax Law, LLC members have 100% personal responsibility for their sales tax liability - by Karen Tenenbaum

Under NYS Tax Law, LLC members have 100% personal responsibility for their sales tax liability - by ...

October 3, 2017
Under New York State Tax Law, each and every limited liability company member has 100% personal responsibility for the LLC’s New York State sales tax liability, including tax, interest, and penalties, regardless of the member’s involvement with the business’s affairs, or lack thereof.