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Richard Fromewick Authors, "ASIE Penalty Hearings"

Apr 28, 2017

The court has made an interim decision staying the collection of ASIE penalties for those taxpayers that started a lawsuit against Nassau County.

Hundreds of other taxpayers who have not started a lawsuit might be entitled to hearings if they start a lawsuit. We are now preparing a lawsuit for taxpayers who want to present evidence at a hearing to modify or nullify the ASIE penalty.

The ASIE penalties are separate and apart from any tax certiorari proceeding to reduce the real estate tax.

ASIE financial statements must be answered each year that they are requested by the Nassau Assessor or penalties are imposed.

The court is still waiting for a decision from the Appellate Division before making a final decision.