State taxes

Florida, Texas and Arizona are the top destinations; the first two have no income tax, and the third is moving to a flat rate soon.

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in those situations!

Half of U.S. states saw year-over-year drops in June, suggesting state revenues may continue to drop.

California drew in 11% less in personal income tax revenue than it expected so far this year.

According to the lawsuit, Michael Saylor avoided paying taxes since 2005 by fraudulently claiming to be a resident of lower-tax jurisdictions, including Virginia and Florida.

Residents of New York, Virginia and 11 other states could end up with a surprise tax hit of hundreds of dollars next year on forgiven student loans.

The California Small Business Relief Act established the tax credit, largely in reaction to the $10,000 limit on the state and local tax deduction under the Tax Cuts and Jobs Act.

The billions in student loan debt forgiveness announced by the Biden Administration will be exempt from federal taxation but could be taxable at the state level in more than a dozen states — a hiccup many states are expected to quickly handle.

The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

If states adopt the recommendation, businesses would not only need to limit themselves to sales solicitation, but also remain below the state economic nexus threshold to avoid state income tax.