We’re Gonna Getcha: The Long Arm of State Tax Law Threatens Telecommuters


 

Your company is based in New York but you live in Arkansas? Well, says Albany, too bad. Pay us.

(From The Wall Street Journal)

In other words, someone with a New York-based job who lives and telecommutes from another state still owes full income tax to New York on that compensation. If the other state taxes that income as well and doesn’t give a credit for the New York tax—as some states don’t—the worker will likely be double taxed.


Reprinted from: https://www.ac2news.com/2020/06/were-gonna-getcha-the-long-arm-of-state-tax-law-threatens-telecommuters/

0 0 vote
Article Rating

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: