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Owe NJ or NY taxes? ? It Could Cost You Your Driving Privileges

October 19, 2011 by Admin

Ignoring a tax debt could cost you more than you might think. Traditionally, states have made use of  liens and wage garnishments as the primary method for collecting delinquent taxes. However, the reeling nature of the economy has emboldened states to employ a much more aggressive tactic.  On October 4, California passed a law mandating that state’s motor vehicle department to suspend the driver licenses of the top 1,000 tax debtors. Moreover, all their names are to be published online. At least 19 states, including New Jersey and New York, have followed California’s lead and are likewise listing the names of tax delinquents online. While they have not yet suspended driver licenses, these states are desperate for additional tax revenue. It would be wise to take care of your tax liability to ensure not having to move over to the passenger’s side.

Filed Under: BUSINESS FORUM, MEDICAL PRACTICES, TAX TIPS FOR INDIVIDUALS, Taxes, Taxes Tagged With: NJ Income Taxes

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