Skip to Content
Images of man with clock in front of his face
In The News

Multi-state taxpayers brace for greater scrutiny

February 16, 2017 / 1 min read

If you travel to multiple states, especially if you own homes in multiple states, you should be aware that states are becoming more aggressive in enforcing residency taxes in these situations.

Tax experts are warning of a greater push by local authorities to ratchet up collections of residency taxes owed by traveling executives and affluent families with homes in multiple states.

The expectations come as state budget gaps face another tough year with tax revenues declining while the costs of doing the public’s business keep rising.

Read more on Financial Advisor IQ >>

Related Thinking

U.S. Capitol building during the day.
October 30, 2024

2024 year-end tax guide: Best strategies for higher-income taxpayers to minimize taxes

White Paper 25 min read
Statue in front of a U.S. government building.
October 23, 2024

State and local tax advisor: October 2024

Article 19 min read
View of U.S. government building against a stormy sky.
September 26, 2024

State and local tax advisor: September 2024

Article 23 min read