New York state auditors inspect cellphone records, social media, veterinary and dentist records in chasing rich out-of-state taxpayers.
The cat-and-mouse game between state tax collectors and wealthy New Yorkers moving to Florida has reached new levels — and gone high tech.
Mark Klein, chairman of Hodgson Russ tax attorneys, says his office is now working on about 200 tax-residency audits and the number is growing as more wealthy New Yorkers head for the exits. At the same time, New York can't afford to lose many millionaires or billionaires. The top 1 percent of earners pays 46 percent of the state's income taxes, and Cuomo said that"even if a small number of taxpayers leave, it has a dramatic effect on this tax space."
"It's one thing to seek specialized medical treatment at a New York hospital,"Klein said."But auditors know that most people don't travel to another state for their dentist."
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