I received a TR-716 notice stating I must begin filing quarterly sales tax returns in New York, what exactly triggers this change and can I revert to annual filing?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

A TR-716 notice in New York often points to a change in filing frequency based on sales tax activity, filing history, or the state’s view of how much tax is being collected and remitted. The exact trigger can depend on recent return amounts, consistency of reporting, and whether the account still me For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.