State Income Tax Changes for Businesses

By Terry Barrett, CPA, Tax Senior Manager | State and Local Tax Team Summary of New Requirements for State Income and Income-Like Taxes Recent activity by several states’ taxing jurisdictions may affect business income/franchise tax filing requirements for 2019 or prospectively. The following summarizes such changes. Economic Nexus and Income/Franchise Tax The Wayfair decision by … Continue reading State Income Tax Changes for Businesses