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New York State Insurance Fund

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Long Island Company Fined $4.25M For Evading Taxes Long Island Company Fined $4.25M For Evading Taxes
Long Island Company Fined $4.25M For Evading Taxes A Long Island company has reached a multi-million settlement with the New York State Attorney General’s Office for evading taxes over the course of more than a decade, despite being repeatedly warned. New York Attorney General Letitia James announced on Monday, April 5 that she has secured $4.25 million from Nassau County-based Service Station Vending Equipment (SVEE), as well as owner William McCabe, for "knowingly failing to pay sales tax due on the sales of air inflation services, as well as engaged in fraudulent tax avoidance schemes by underreporting sales and paying workers off the bo…

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by Zak Failla