Multi-State Tax/
Nexus Planning

Certain business activities, as insignificant as they may seem at the time, may establish nexus, a connection with a state that subjects you to its tax laws. In fact, you may have unknowingly had nexus with a state for many years. In rare cases, you might even be responsible for back sales tax, franchise tax and/or income taxes, penalty and interest for past years. Since almost every state is faced with serious financial problems these days, this is a bigger issue now than in the past. States are increasingly aggressive in seeking revenue, and a popular source of this revenue is out-of-state companies. BAKER SPINDLER HOLTZ can help determine if nexus has occurred in other states and, if necessary, help you take steps to reduce your exposure and liability before discovery.