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Are You Subject to Income Tax in States Where You Have “Economic Nexus” but No Physical Presence?
Posted by Tarra Curran on Wed, Jun 6, 2012 @ 09:23 AM

Internet Sales May Affect Your Tax Liability

If you are selling over the internet, it’s likely that you have customers across the country, but a physical presence in only one or two states. If so, be prepared: you may be subject to income tax in states where you have “economic nexus” but no physical presence.

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Topics: tax planning, tax strategies, Latest Guidance on Tax Issues, tax compliance

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