150 \\ Multi-State Business Tax Traps: CPA Advice to Cut Taxes and Save Thousands
- Author
- Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
- Published
- Thu 24 Oct 2024
- Episode Link
- https://smallbusinessfinance.podbean.com/e/150-the-hidden-tax-trap-of-running-a-business-in-multiple-states-and-how-to-escape/
If your small business earns income across multiple states, you may be paying more tax than you should. In this episode, learn how different state tax rules work, why income earned in other states can create hidden tax bills, and how to fix it. Discover the five key things every business owner must know about residency, non-resident state returns, income allocation, and reciprocity agreements. You’ll hear a real client case study showing how a few smart strategies saved thousands by properly allocating income and fixing payroll taxes. Whether you want better tax planning, tax savings, or guidance from a CPA who understands multi-state complexity, this episode will help you minimize taxes and keep more money in your business.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
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