Thank you for taking my question
I have a question about tax
requirements for an LLC located in NY Manhattan.
The LLC is a company that provides service, is not a vendor (not subject to sales tax
), not a vendor, does not sale tobacco etc. .The company just provides consulting service by one member.
Other than the Bi annual filling and income tax
returns in NY and Federal, does the company need to file a property tax return for asset that are used in a business?
I know that this is a common practice in other states such as VA, DC, MD . However, I was trying to go over the NY website and could not find this requirement at all. Am I missing something?
Also, what other requirements does this type of LLC has to follow in NY?