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Tag: State and local tax

State and Local Income Tax Issues to Consider Before Making Your Next Tax Payment

State and local taxes represent a key and often material part of a business’s total tax liability. Many states are reporting budget surpluses, reducing tax rates and offering new credits and incentives, but states are also looking to expand taxation of the digital and internet economy. With the calendar year 2022 tax reporting and filing season upon us, and 2023 estimated tax payments in sight, now is the time for businesses to review and plan for their multistate reporting positions...

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