State Taxation

Do I have to file in Colorado? You must file a Colorado income tax return if during the year you were: A full-year resident of Colorado, or. A part-year resident of Colorado with taxable income during that part of the year you were a resident, or. Read more on tax.colorado.gov You might be wondering if … Read more

Does Wyoming get a lot of snow? Snow falls frequently across Wyoming from October through May, with snow beginning as early as late September across the lower elevations. About five times a year on the average, stations at the lower elevations will have snowfall exceeding five inches. Read more on www.weather.gov The state of Wyoming … Read more

Does Maine collect sales tax on out of state purchases? A Maine resident or business does not escape sales tax by purchasing out-of-state. Another situation where use tax applies is when a business withdraws goods from inventory for its own use. Read more on www.maine.gov One of the 45 US states that collects sales tax … Read more

Do I have to pay DC income tax if I live in another state? You must file a DC return if. You were a resident of the District of Columbia and you were required to file a federal tax return. You lived in the District of Columbia for 183 days or more during the taxable … Read more

Does South Dakota tax? On a statewide basis, South Dakota does not levy a personal income tax. The state’s sales tax is also among the lowest in the country. Read more on smartasset.com With no state income tax and low sales tax rates, South Dakota is renowned for being a tax-friendly state. Businesses must nevertheless … Read more

Does Idaho collect sales tax on out of state purchases? Out-of-state retailers. Retailers without a physical presence in Idaho must collect Idaho sales tax when their sales in Idaho exceed $100,000 in the current or previous year. Read more on tax.idaho.gov One of the few US states that does not charge sales tax on transactions … Read more

What does a Tennessee resale certificate look like? Read more on www.youtube.com Using a Tennessee resale certificate, a seller can buy tangible personal property without having to pay sales tax. Businesses that want to resell the goods they buy are given this certificate. The certificate certifies that the seller is not the final consumer and … Read more

What is nexus in a state? Nexus describes the amount and degree of a taxpayer’s business activity that must be present in a state for the taxpayer to become subject to the state’s taxing jurisdiction or taxing power. Read more on www.aicpa.org It’s crucial for everybody, whether they work for a person or a company, … Read more

Do I need to file state taxes in Utah? According to Utah Instructions for Form TC-40, you must file a Utah income tax return if: You were a resident or part year resident of Utah that must file a federal return. You were a nonresident or part-year resident with Utah source income and are required … Read more