"

Estimated reading time: 0 minutes, 45 seconds

AICPA: Set Tax Rules for Multi-State Workers

Barry MelanconCongress should set a  standard for withholding and payment of state income taxes for employees who work in more than one state, according to Barry Melancon, CEO of the American Institute of CPAs. Melancon outlined his position in a November 15 letter to members of the House Judiciary Committee in which he strongly supported H.R. 1864, the Mobile Workforce State Income Tax Simplification Act of 2011.

 

Melancon said small business are particularly impacted by the lack of a standard. "A uniform national standard will significantly simplify compliance with all of the different state laws," Melancon wrote. H.R. 1864 would require an employee's earnings to be subject to state income tax and withholding when the employee performs work in a state for more than 30 days during the calendar year. Melanson said the bill would make it easier for employers to judge if withholding should be higher for a state other than an employee's home state.

Read 6188 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.