2023 State Tax Nexus Updates: Are You Aware of Them?
State tax nexus is consistently evolving as state governments continue to pursue companies avoiding tax obligations in their states. Keeping up with these ever-evolving laws is just as difficult as keeping track of changes to your company’s supply chain that could impact your nexus footprint. To avoid costly assessments, penalties, and potential obstacles to a future sale of your business, it is vital to stay up-to-date on sales tax nexus and to identify and resolve exposure risks.
- Identify economic nexus triggers for both sales tax and income tax
- What to consider for technology, e-commerce, and other service industries
- Explore recent nexus developments and resulting implications