Balancing the Books

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2020

Working Remotely? Why Crossing State Lines Can Be Tax Trouble

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Do you want to work remotely but live across state borders from your employer? While a few miles over a border might not seem like a big deal in real life, it can have a serious impact when it comes to income taxation. In fact, you could end up paying taxes in both states. How can you avoid this? Here’s what you need to know. How Location Affects Taxes While federal income taxes are the same for all 50 states, these states each have their own methods of taxation to pay their own bills. Read More»