ADVERTISEMENT

SCOTUS - Work From Home (Income Taxes)

young_cat

All-American performer
Nov 19, 2001
34,669
94,941
113
This will be an interesting case to follow. New Hampshire is suing Massachusetts, for taxing its residents that work for Massachusetts-based companies but have been working at home during the pandemic. Most states assess income taxes based on where the work is being performed, with those working at home, being assessed by where their home office is located. However, 5 states (Mass and NY being the biggest) assess income taxes regardless of whether the employee is working from home or the corporate office (even when the home office is out of state). This would have damaging effects on NY, especially, if a lot of these jobs never come back and remain "remote" from places like Connecticut.


This is just the start. High income tax states are about to have a reckoning.
 
ADVERTISEMENT

Latest posts

ADVERTISEMENT

Go Big.
Get Premium.

Join Rivals to access this premium section.

  • Say your piece in exclusive fan communities.
  • Unlock Premium news from the largest network of experts.
  • Dominate with stats, athlete data, Rivals250 rankings, and more.
Log in or subscribe today Go Back