State tax is often an afterthought when keeping up with the daily demands of running a business. A sharp rise in remote work locations has pushed states to focus more on identifying non-filers, and vague state guidance often leaves taxpayers unsure of how to allocate their revenue across various states.
Most states have now enacted some form of a Pass-Through Entity Tax (PTET) election, which can result in significant federal tax savings in the right situations. Join us for up-to-date information on these topics and more.
Learning Objectives:
- Learn how states are determining state tax nexus for professional service companies
- Gain an understanding of how revenue is sourced among states for tax reporting purposes
- Discover the potentially significant benefits of making state PTET and how they work
