Bloomberg Tax discusses the struggles that remote workers face due to differing income tax laws in each state. The article begins as follows:
Companies with workers punching in from a smattering of different zip codes during the pandemic continue to receive mixed messages on where they owe taxes on employee income.
South Carolina is the latest state to announce it will continue to excuse taxes on nonresident workers who came into the state to work remotely during the pandemic. Recent state guidance extends the previous September deadline to end of year. it follows similar extensions from Maine, Kansas, and Rhode Island. In other places like New Jersey, Pennsylvania, time is running out.
To see the full article, click: “Remote Workers Face Tax Headaches as State’s Split on More Relief”
Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.