In today's struggling economy state and local taxing authorities are taking action to generate tax revenue in a variety of ways. States are discovering new ways to identify non-filers and utilizing new, and often questionable, criteria in determining who they can and can't subject to tax.
Several states are even abandoning their current tax structure and implementing new types of business taxes in their state in search of tax dollars to maintain balanced budgets.
However, every cloud has a silver lining and the current tax environment is no different. Some states are offering incentives to delinquent filers or payers to step forward and become current with their liabilities while potentially avoiding penalties and interest.
Also, every time a state makes changes to its taxing structure it may lead to tax savings for certain businesses depending on their particular circumstances.
Join Smart Business, along with Howard Kass and Brett Neate of Zinner & Co., at 11 a.m. EST on Thursday, July 28th for a special webinar that will shed light on the issue.
Among the topics we'll cover:
- Methods used by states and municipalities to identify non-filers
- Expansion of tax nexus
- State amnesty programs for unpaid taxes
- Current developments and trends in state taxation
Join us to learn how the changes in the state and local taxation landscape will impact both tax compliance and strategic planning for business. This is one Webinar you don't want to miss!
