Multi-State Tax Issues for Payroll 2023
Speaker: Patrick Haggerty
Speaker Designation: Owner, Tax and Consulting Services
Speaker: Patrick Haggerty
Speaker Designation: Owner, Tax and Consulting Services
Employers face considerable compliance challenges when their employees cross state lines for work-related activities. Multi-state employment issues commonly arise for businesses with operations in multiple states. However, individual employees can also trigger compliance concerns when they work or reside in different states, telecommute across state lines, or relocate.
Payroll compliance is a critical aspect, involving the identification of states where the business must collect and remit income taxes, along with adherence to each state's specific tax collection, payment, and reporting rules. Additionally, there are unique regulations to determine the state responsible for receiving unemployment taxes for a particular employee. Beyond payroll, a significant non-payroll issue emerges concerning whether the employment establishes a business presence (nexus) in a specific state, potentially subjecting the employer to that state's income, franchise, sales, use taxes, or other state business taxes, along with related apportionment considerations.
In this dynamic and comprehensive webinar, participants will gain vital insights and valuable resources to recognize and effectively address multi-state payroll tax issues.
A critical non-payroll concern revolves around "nexus" or establishing a business presence within a state, potentially subjecting the employer to various state business taxes and related apportionment issues.
By attending this webinar, you will gain essential insights and practical knowledge to effectively handle multi-state payroll tax issues and safeguard your business from potential compliance risks.
Pat Haggerty is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988. He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications. In addition, he regularly develops and presents webinars and presentations on a variety of topics including Payroll tax issues, FLSA compliance, information returns, and accounting.