Businesses are playing a game where the rules keep changing, in the middle of the game.
Taxes keep changing. A constant battle for businesses to keep up when all businesses want to do is business, not taxes.
Businesses must be able to do business with certainty. State tax laws already lack uniformity and create so many opportunities for businesses to screw up. Now, they keep changing, year to year, day to day.
Over the past few months as state governments have been in session, they have passed numerous pieces of legislation to balance the budget including changes to tax rates, filing methodologies, sourcing rules, etc. along with how or if they will conform to all or parts of federal tax reform.
I have been monitoring state tax legislation and have submitted approximately 30 alerts to clients regarding the changes (and we aren't done yet). More to come.
Let's work together to make state taxes less important, so businesses can thrive.