Knowledge is protection when the IRS is involved. I'm Darrin Mish, a tax attorney in Tampa with 32 years of experience representing taxpayers nationwide. Here's what I want you to understand.
www.accountingweb.com — It’s likely only a matter of time until other states encounter legal challenges to their income tax systems akin to what Maryland faced, which the US Supreme Court ruled in May is unconstitutional.
In Comptroller of the Treasury of Maryland v. Wynne, Brian and Karen Wynne sued Maryland after the state said they owed county income tax on income earned by their Subchapter S corporation in several states.
Read more about Supreme Court’s Ruling on Maryland Income Tax System Could Impact Other States
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