Is My Business Subject to Income Tax in Other States?

A Video FAQ with Joshua A. Diveley.

Whether the business is going to be subject to tax in a state is going to be dependent on the state’s laws and, most importantly, how they define nexus for income tax purposes. Nexus will generally be determined based on a couple of factors such as whether you have income derived from a source within that state and whether you have personnel, capital equipment or physical property in the state. The more factors you have against you, the more likely it is that you are going to have nexus in that state and that you are going to be subject to income tax.

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