Old Law, New Interpretation

We are getting hit by the tax payer nightmare. There are three changes occurring at once, all of which mean you’re going to pay more tax.

First, there is more aggressive state and federal tax legislation. Look for more taxes in general. You probably have heard about some of the federal changes, but might not be as aware of the state ones. That’s especially true if you think you don’t have nexus in a state. But look out! You may be subject to more tax changes than you think.