Defendant Faces up to $20,000 in Penalties after Arrest by NYS Tax Department
The New York State Department of Taxation and Finance today announced the arrest of a Peekskill store owner for allegedly possessing 8,303 untaxed cigars. Abduljabar Aidhah, 35, operates Abuhamzah Deli, Inc., at 501 Highland Avenue. Investigators with the Tax Department’s Criminal Investigations Division found the contraband cigars at the business location and charged Aidhah with one misdemeanor for violating tobacco-related tax laws. He faces up to $20,000 in penalties. “Merchants who evade taxes deprive their communities and all New Yorkers of vital revenue, and put honest businesses at a competitive disadvantage,” said Acting Commissioner Nonie Manion. “We’ll continue to work with all our law enforcement partners to bring tax criminals to justice.” All cigars (and cigarettes) for retail sale in New York State must be purchased by a licensed distributor, and retail dealers must be in possession of purchase invoices showing that the taxes on these tobacco products have been paid. A criminal complaint is only an accusation; the defendant is presumed innocent until proven guilty. The case will be prosecuted by the Westchester County District Attorney’s Office. Seriously Abduljabar, you’d better call Selig & Associates.
Selig & Associates: Specializing in civil and criminal tax representation, including unpaid income, sales and payroll taxes. Missing tax returns prepared and filed within 48 hours, guaranteed. We negotiate excellent re-payment plans with the IRS and State. For a free legally privileged consultation in our conveniently located office, call (212) 974-3435 or contact us online. We can help you with Offers in Compromise, tax audits, liens, levies, wage garnishments, criminal tax investigations, tax crimes, suspended passports, suspended drivers licenses and most other tax matters.
What Exactly is a Merchant Cash Advance? (MCA) A MCA allows business-owners to obtain funding by leveraging their future credit card sales. Typically, only businesses that accept credit and debit cards may obtain a MCA because a small, fixed percentage of the merchant’s future debit or credit card sales are used to repay the funds.
How does an MCA work? When you apply for a MCA the company reviews your recent debit and credit card processing to determine how much money you’re entitled to. It usually takes between 24 and 72 hours to receive the capitol and you can use the money for any business expense, e.g. pay sales taxes, expand, buy more inventory, buy out a partner, etc. And as mentioned above, you’ll repay these funds through a small, fixed percentage of your future debit or credit card sales. Since the repayment is a fixed percentage, the amount you repay is manageable. Meaning, if you have a big day, you’ll pay back more. If the store is slow, you’ll pay less. This method means you’ll always have enough money to cover your expenses. For more information, call David Selig at (212) 974-3435
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