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Highway
Use Tax Refunds
Refunds are based on
the New York State Tax Law Article 21 Section 513.
Whenever the commissioner shall determine
that any monies received under the provisions
of this article were paid in error, he may cause the same
to be refunded with interest.
Calculation
of Refund Claim
Current Highway Use Tax Returns (MT-903’s)
are reviewed for correctness of reporting and application of
prescribed tax rates. In
many cases we find refund claims.
If any adjustments to your reporting method are
warranted we will advise you accordingly.
“No out of pocket cost to you, we share the refund
with you when results are obtained”
Our Process
Client Analysis: Before beginning any
refund process our staff performs a free analysis. The purpose
of the analysis is to determine if your business qualifies for a
refund based on New York State
Tax Laws.
The Client
will forward or make available to BMG the last 4 Highway Use Tax
Returns (MT-903) Front and Back.
If errors
are discovered, BMG will discuss with the client any changes
that need to be made.
In
addition, since there is a 4 year statute of limitation on all
overpayments, BMG may require the client to make available 4
years of Highway Use Tax Returns in order to process for a
refund.
All proper
New York State and BMG Inc. forms must be completed by mail or
in person.
BMG will complete and process all necessary
documents to forward your refund claim to the NYS refund
department.
After the refund claim is submitted, BMG
will inform the client by mail of all updates regarding the
refund process.
BMG will work directly with the Tax
Department to resolve any questions regarding the claim.
Upon receipt of the refund check, BMG will
contact the client to make arrangements to distribute the
refund.
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