Working from home, once a perk at many companies, has become the norm for employees across the country. COVID-19 has forced businesses to quickly allow their employees to work remotely. The state tax implications of having a remote workforce should not be overlooked, especially as many businesses transition from temporary teleworking policies to permanent ones. Today’s blog will focus on a state tax issue many taxpayers will need to focus on as we enter the second half of 2020: nexus.
“Nexus” is a term used to describe when a taxpayer has a presence in a state. Once nexus is created with a state, the taxpayer will likely need to register to do business in that state and will be subject toRead More