by TaxOps | Dec 11, 2019 | State and Local, Tax News
By Judy Vorndran Assessing sales and state income tax liabilities since Wayfair has gotten a whole lot more difficult. All but two states (Missouri and Florida) assess sales tax, and the District of Columbia, have expanded their sales tax nexus requirements on...
by TaxOps | Oct 22, 2019 | State and Local, Tax News
Another Wayfair for income taxes move in Pennsylvania gives taxpayers an unsettling choice. By Judy Vorndran and Tram Le Beginning with the new year 2020, the Pennsylvania Department of Revenue (DOR) will begin enforcing new nexus standards based on factor presence...
by TaxOps | May 14, 2019 | State and Local, Tax News
While tax reform in 2017 lowered the federal income tax rate from 3% to 21%, most states also tax corporate income. Scott Eastman for The Tax Foundation says these state-level taxes raise the average corporate income tax rate to 25.9% in 2019. In-state rates vary...
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