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Diane Kennedy's US Tax Aid

The Latest in State Nexus and Why You Should Care

enterpreneurialismBack in 2008, when the economy was really taking a beating, there was another group who was getting hurt financially. It was the state governments. Unlike the federal government, the states can’t just print off more money. They have to make their budget balance. So they started doing everything they could to bring in revenue from online sales. Then, they started looking at rules that could let them tax out-of-state companies, even if they were not online. That was when we started hearing a lot about nexus. Nexus means connection. One...

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