43 tagged with "Multi-State Tax"
Multi-state tax compliance, nexus rules, and withholding requirements for businesses operating across state lines
Professional Speaker and Keynote Business Bookkeeping: A Practical Guide for Independent Thought Leaders
A bookkeeping guide for independent speakers and keynote artists, covering entity selection, revenue recognition across engagement fees and royalties, multi-state nexus, Section 274 travel substantiation, Section 179 studio equipment, and the KPIs that separate sustainable practices from feast-or-famine cycles.
Online Course Creator Bookkeeping: ASC 606, Sales Tax After Wayfair, Stripe Fees, and Affiliate Commissions
A bookkeeping framework for course creators on Teachable, Kajabi, and Thinkific covering ASC 606 recognition for cohorts and lifetime offers, state economic nexus after Wayfair, Stripe and PayPal reserve accounting, affiliate commission classification, and Section 179 studio capitalization.
Streamlined Sales Tax in 2026: One Free Portal, 24 States, and Free CSP Services for Multistate Sellers
A 2026 field guide to the Streamlined Sales Tax Project — the 24 member states, how the free SSTRS portal works, who qualifies as a CSP-compensated seller for free Avalara, TaxCloud, Sovos, or AccurateTax service, and when SST is the wrong choice for multistate online and SaaS sellers.
The Convenience of the Employer Rule in 2026: Why Your Remote Workers May Still Owe Tax to the Office State
Eight states tax remote workers as if they sat in the office. A 2026 guide to the convenience of the employer rule, the May 2025 Zelinsky decision, reciprocity agreements, resident credits, and what multi-state employers must withhold.
MLP K-1 Tax Issues: UBTI, Section 751, and Multi-State Filings for Individual Investors
How individual MLP investors actually owe tax — UBTI on IRA-held units crosses the $1,000 Form 990-T threshold faster than expected, Section 751 reclassifies part of any sale gain as ordinary income, and the K-1's state schedule can force nonresident filings in operating states. Includes practical thresholds and basis-tracking rules.
Recording Sales Tax You Collect: A Liability, Not Revenue
Sales tax you collect belongs to the state, not your revenue line. Here are the journal entries, the month-end reconciliation routine, and the multi-state economic nexus rules that keep your books audit-ready.
State Unclaimed Property and Escheat Reporting for Small Businesses: Dormancy Periods, Due Diligence Letters, and NAUPA Holder Reports
A practical guide for small businesses on identifying unclaimed property — uncashed vendor and payroll checks, customer credits, gift cards — applying state dormancy periods, mailing due diligence letters, and filing the NAUPA II holder report before Delaware or another state opens a contingency-fee audit.
Tangible Personal Property Tax: A Small Business Guide to TPP Returns, Freeport Exemptions, and Ghost Assets
A practical guide to the tangible personal property (TPP) tax that 38 U.S. states require small businesses to file every January, covering de minimis thresholds in 12 states, freeport inventory exemptions in 8 inventory-tax states, ghost-asset overpayment, and the annual asset-register workflow that keeps your bill honest.
The PTET SALT Cap Workaround: How Pass-Through Owners Convert State Tax Into a Federal Deduction
How partnerships and S corporations in 36+ states use the Pass-Through Entity Tax election under IRS Notice 2020-75 to deduct state income tax at the entity level and bypass the federal SALT cap — with a worked example, resident-credit mechanics, and 2026 election deadlines.
Why Your Website's Chat Box Could Trigger State Income Tax in 20 States: PL 86-272 in the Internet Economy
Public Law 86-272 once shielded out-of-state sellers from state income tax, but the MTC's 2021 revised statement now treats chat widgets, post-sale support, and analytics cookies as immunity-breaking activities — and California, New York, New Jersey, Oregon, and Minnesota have signed on.
Sales Tax Economic Nexus After Wayfair: A Compliance Guide for Online Sellers
A 2026 guide to U.S. sales tax economic nexus — how the $100,000 threshold works after Wayfair, which states still count transactions, how marketplace facilitator laws affect your nexus math, and what to do when you should have registered months ago.
Washington B&O Tax in 2026: Gross Receipts, Nexus, Apportionment, and Multistate Pitfalls
Washington's B&O tax is a gross receipts tax with major 2026 changes — a $2 million economic nexus threshold, tiered service rates from 1.5% to 2.1%, and a $2M standard deduction. This guide breaks down activity-based classifications, market-based sourcing, penalty math that can exceed 39%, and the bookkeeping practices that keep multistate sellers audit-ready.