NY Gen City L § 25-A-54 (2021)
2021 New York Laws GCT - General City Article 2-D - City Personal Income Tax on Residents 25-A-54 - Employer's Return and Payment of Withheld Taxes.

§ 54. Employer's return and payment of withheld taxes.--(a) General.-- Every  employer required to deduct and withhold tax under this local law shall, for each calendar month, on or before the fifteenth  day  of  the month  following  the  close  of such calendar month, file a withholding return  as  prescribed  by  the  administrator  and  pay  over  to   the administrator  or  to  a depositary designated by the administrator, the taxes so required to be deducted and withheld, except that for the month of December in any year, the return shall be filed and the taxes paid on or before  January  thirty-first  of  the  succeeding  year.  Where  the aggregate  amount  required  to be deducted and withheld by any employer under this local law and under any local law imposing a tax on  earnings of  nonresidents  of  the city adopted by the city pursuant to authority granted by the general city law is less than twenty-five  dollars  in  a calendar  month  and  the  aggregate  of  such taxes for the semi-annual period ending on June thirtieth and December thirty-first can reasonably be expected to be less than one hundred fifty dollars, the administrator may, by regulation, permit an employer to file a  return  on  or  before July  thirty-first  for  the semi-annual period ending on June thirtieth and on or before January thirty-first for the semi-annual period  ending on  December  thirty-first.  The  administrator may, if he believes such action necessary  for  the  protection  of  the  revenues,  require  any employer  to  make a return and pay to him the tax deducted and withheld at any time, or from time to time. Where the amount of wages paid by  an employer  is not sufficient under this local law and under any local law imposing a tax on earnings of nonresidents of the city  adopted  by  the city  pursuant  to  authority granted by the general city law to require the withholding of tax from the wages  of  any  of  his  employees,  the administrator may, by regulation, permit such employer to file an annual return  on  or  before  February twenty-eighth of the following calendar year.  (b) Combined returns. The administrator may by regulation provide  for the  filing  of one return which shall include the return required to be filed under this section, together with the employer's  return  required to  be  filed  under  any  local  law  imposing  a  tax  on  earnings of nonresidents of the city adopted  by  the  city  pursuant  to  authority granted by the general city law.  (c) Deposit in trust for city. Whenever any employer fails to collect, truthfully  account for, pay over the tax, or make returns of the tax as required in this section, the administrator may serve a notice requiring such employer to  collect  the  taxes  which  become  collectible  after service  of such notice, to deposit such taxes in a bank approved by the administrator, in a separate account, in trust for the city and  payable to the administrator, and to keep the amount of such tax in such account until  payment  over  to  the administrator. Such notice shall remain in effect until a notice of cancellation is served by the administrator.