Personal Income Taxes
Personal income tax law is often confusing for individuals who work in several states during the year. Depending on the specific state, non-resident personal income tax returns may need to be filed in a state if an individual works within the state's borders during the year. Exceptions do apply for states that have entered into reciprocity agreements or if the income earned within the state does not exceed the state's filing requirements.
Individuals who move to another state during the year must also be aware of the residency laws in each state for effective tax planning and to ensure that the proper state returns are filed. Staying on top of these differing state tax laws along with continually monitoring your residency state's law changes can be an insurmountable challenge for an individual to endure.
Schenck's State & Local Tax team can assist you with your individual income tax needs which may include accurately and efficiently preparing your personal income tax return(s), residency planning, audit appeals or defense, or assistance with delinquent taxes.
- Residency Planning
- Pass-Through Entity Planning
- Voluntary Disclosure
- Audit and Appeals Defense
- Offers in Compromise, Penalty Abatement, and Installment Plans
- Advisory Opinions/Ruling Requests