Understanding Nexus and Its Impact on State and Local Tax Burdens by Karen A. Lake, CPA
Posted on March 25, 2025 by Karen Lake
Nexus is a minimum connection businesses have with a particular state that can activate state and local tax (SALT) obligations. Managing SALT compliance can be especially challenging when considering that tax rates, the criteria for creating nexus and the standards for imposing state income, sales and franchise taxes vary widely from one state to the […]