State Tax
Recent Activity
Annette Nellen (Professor, San Jose State University)
Alabama enacted SB 459, to create "ONE SPOT: Optional Network Election for Single Point Online Transactions." Per Governor Bentley who signed the bill on May 3: "Senate Bill 459 will greatly reduce the administrative burden of filing...
Regis Quirin (Chief Financial Officer Consultant, CMD Capital Formation LLC)
Nexus is the way in which a connection can be established between the state and the taxpayer. If a nexus exists, the taxpayer may be liable to the state for taxes, regardless if the taxpayer is a non-resident or only works within the state for part of the year...
Mark Pieper (Managing Consultant, Hisoft Technologies)
Any controllers/CFO's in the consulting industry - just want to ask how you handle employees state tax withholdings if they work with clients in multiple states during the year. I think most of the large firms tell their employees to file personal income tax filings...
Anonymous (Treasury Manager)
Jane Levin (Corporate Controller, Private)
What is going on in California w.r.t. NOLs right now? Are they accruable but not usable? When is this expected to go away?
Anonymous (Consultant)
if you are from foreign country and are sponsored by the company to temporarily work in the USA are you required to file Fed and State income taxes in United states?
Annette Nellen (Professor, San Jose State University)
Yesterday's Wall Street Journal (9/23/11) had an entertaining article, "Snooki to Snookered: States' Film Tax Credits Produce Embarrassment" by Eric Felten, points out some of the many problems with state film credits. The article starts off...
Annette Nellen (Professor, San Jose State University)
I have written about this before and included it in my list of "tax oddities" - states offering "holidays" when sales tax is not owed on certain items. Generally, they last just a few days and only apply to specified items. Thomson Reuters...
Neil Brown (CFO & CIO, KatalystFP)
I was wondering if anyone is aware of states cracking down on Payroll Taxes. We are a lender to the Medical Community (www.katalystfp.com) and we are seeing a huge increase in Liens being placed on practices. I am talking with many practices being hit with...
Tamara Pow (Founding Partner, Structure Law Group, LLP)
Real estate investors may need to pay taxes on the cancellation of debt income when they give up their underwater investment property. Over the last two years I have often been asked to answer the question of what the consequences will be if a client walks away from a...
