Don’t let multistate taxation multiply your taxes
Abstract: Technological advances have made it much easier to do business across the country and around the world. But these new opportunities come at a price: If you do business across state lines, it’s important to analyze your activities in each state to avoid triggering unwanted taxes. This article explains the issue of “nexus,” and how and when another state can apply its income, franchise or sales and use taxes to your business. It also shows you how to use multistate taxation to your advantage.