We are a soccer group based in KY that organizes events in Ohio. 60% of our sales are for services and events in KY while the remaining percentage is for time spent playing across the river in Ohio. With KY expanding its definition of nexus and taxable services, does anyone have any else have this issue 2day? The company is hopeful there will be an apportionment clause for this kind of occurrence, but I suggested we collect and pay tax in KY and see if Ohio enters into a reciprocity agreement.

like
Posting as :
works at
You are currently posting as works at

I’m confused. What tax time (sales/use or income or employee withholding) are you talking about? If you are based in KY, you already have nexus with KY.

like

Ohio also has the commercial activity tax. It’s a gross receipts tax that is different than sales tax. So you need to file and pay that also.

like

No apportionment for sales tax, need to know the exact service the company provides to see if it is taxable in KY or OH. You already have nexus in KY since you are based there but does not mean you will need to collect and pay tax. Same issue with OH. Also need to know how much revenue you have in both states. You may need to pay tax in both states but the tax is based on the revenue per state.

like

I’m guessing sales tax based on the hashtag. Apportionment typically only applies to income type taxes. If you have any physical presence in a state (temporary or permanent) you have nexus there.

Oh yes I see the hashtag now. It was confusing because OP included concepts from multiple different tax areas.

like

Related Posts

Alright this bowl has convinced me I need to buy a Rolex. Where do I begin? I know my brother got a Batman GMT after about a year at a jeweler he never purchased from a few years ago, but was he just lucky? Do I need a relationship with an AD in today’s market for a Sub or GMT? Based in Seattle but would prefer to buy in Oregon to avoid taxes

like

My partner bought a new truck earlier this month. We’re hoping to joint-purchase our first home next spring. Is there a “best” time to get pre-approved for a mortgage? When should we start the home buying process?

So far we’ve kept our head in the realtor apps to see what the market is doing.

Rent just went up, pressure is on!

like

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

Everyone has a different perspective on this but would love to hear yours. Someone has debt ranging say 4-5% interest rates. Do you attack debt more then investing to move towards a debt free life or do you go after investments since they return historically above that then paying down closer towards retirement. I know the latter looks better on paper but what about the psychological factors of being debt free and the guaranteed return on interest savings.

like

Been lurking on this group for a while. I’ve only traded stocks ever. What’s the best way to start with options? Any great video tutorials or websites that can help me understand the basics. I only have theoretical knowledge of options thanks to a derivatives class I did at college.

like

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

like

Does anyone have family members who constantly demand money because they feel like you’re rich now because you’re a lawyer? I’ve always wanted to be in a position to help my family but we all live in the high COL city so my salary doesn’t carry me as far as it would elsewhere. I’ve given a detailed summary of all of my expenses yet every month one family member in particular comes to me for rent money (not some, the full amount, and they refuse to get a job). It has become quite the burden.

like

Come from a no money family & limited financial savvy. What’s an easy way to open and manage a personal investment fund so my savings makes me more money, similar to my Roth 401k. Thanks in advance!

like

Pranam Fieshes ,

How to declare tax on joining bonus? First time got joining bonus , how to mention it in tax declaration . Please help

Your lovingly,
Fish

like

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

Trying to open an account on TreasuryDirect to buy i bonds, and I am required to get an authorized certifying officer to sign a form to complete the process to open an account. Anyone know what that is? I went to my bank and asked, they don’t think they can sign it 🧐

like

Can wife claim husbands PAN for HRA? Flat is in the name of husband

like

What's the best airline stock to get into before the possible travel rebound next year? Do you also get in now or Q1/Q2?

like

Happy New Year ! Anyone interested in bitcoin investment and NFT ?

like

Implications of a PE firm selling and a company bringing on a new investment partner?

funnylike

My realtor looked at a unit for me, and shared the video w me. I’m interested. The unit is on MLS. Then he posted on his IG story seeking buyer. I’m kinda annoyed because now I may have competitions since he is my realtor OR should I be ok for him to do that since it’s equal playing field on MLS?

likefunny

This is my first yr having access to an FSA through my wife’s benefits. Trying to decide on an amount to contribute and it’s tough. We may or may not get pregnant this year and that’s a huge. Cont..

like
like

Anyone invest PREIPO via DPO?

like

Stocks only go up.
Apple calls, Microsoft calls and alibaba calls are peaking my interest now....

like

More Posts

How much time does novartis take to reach back with offer after salary discussions round where I conveyed my expectations ?

like

Hi Fishes,
Any updates on the Novartis hiring restart ?

Hi All,

Can i get 11 likes for DM Activation pls.

Thanks!

like

“Those glasses don’t make you look younger, they make you look older—but slightly more cool.”

🥺

likefunnyhelpful

Any challenges finding a job?

Biglaw first year associates, what’s your favorite thing about your job (beside the paychecks)?

like

Anyone else just sitting around waiting for the ax to drop? I'm a soon to be 2nd year corporate associate who has seen work completely dry up. My utilization held pretty steady around 50% immediately after shutdown, but August was below 15 billables with no appreciable work in the pipeline. Aside from letting people know I'm available and doing pro-bono/CLE, it's starting to feel like a serious "covidcation" leading to termination.

like

What monetary goal/target are you telling yourself to hit before quitting big law?

like

Exhausted by entitled clients that are just plain nasty. Is it just me or are clients everywhere getting more demanding and treating their agencies worse?

like

What is the chance of getting cerner offer letter after clearing 2 technical rounds? Notice period is 3 months. Documents shared with HR. Waiting for offer letter.

smart

Numbers in excel...

Post Photo
likefunny

Hi,
Citi is calling me to office
It will be hybrid model
So i am looking for a flat
Which society and area is best for living in nearby office with good amenities within a 1-2km range of distance from office.

Which society has best PG/flat at affordable cost

like

Any clinical reporting folks on here? What type of company are you at and how are you liking it? I provide reporting services in an academic hospital medicine division at a state institution. Reports are mostly performance based and quality improvement (ex. discharge by 10am, length of stay, 30 day readmission, census on Medicine teams at the hospital, etc.) I would love to hear who you support!

like

Most woman with excellent WOE don’t negotiate their pay.. I’m a woman working in Tech and this is so sad to know..

like
like
like

What is the difference between a Software Engineer I and II? When do you know you're ready to leave your first great SE job? Is there a way to get more money without leaving? I've been at my current company for maybe and year and a half but I'm not sure if I'm good enough to leave yet. My manager always says I'm doing well and I got promoted from SE I to SE II a few months back. I'm not sure if it's imposter syndrome or not but I just don't feel confident about interviewing at other places

like

Hi,
If I get referred at
IBM, get a mail for details from the HR but do not reply as I currently don't want to switch because of some reasons, can I get referred again after say 3 months?
Asking cuz the profile blocks for an year after applying/getting referred at Accenture.
Please help with the answer.
IBM

like

6’0 and weighed in at 220lbs today. All time high and have gained 20lbs since gyms closed in March. When I did workout it was more or less 100% compound lifts. I’m now limited to a few kettlebells but am not even close to as consistent as I was. Any idea on how I can lose this excess 20lbs? I feel like it crept up over night.

like

Does anyone know of a brand (or agency) hiring director level employees in the influencer space (health and wellness brands preferred?) bonus karma points if it’s one you would truly recommend joining! thank you!

Additional Posts in SALT - State and Local Tax

Oct. 15th is almost here. Hang in there!

like

Los Angeles Area comp for 2nd year asset management?

Currently making $85k with a 7.5k signing bonus. Wondering if I’m being underpaid in my role. Ive tried probing my colleagues but no dice.

When a consolidated unitary group acquires a TX Corp, does TX follow Sec. 382 and Sec. 383 and apply a limitation on the utilization of the acquired entity's TX R&D credits following the acquisition?

Hey Salt peeps. I’m curious what kinds of practices you specialize in and how long you’ve been doing it? Would you specialize in something different in tax if you could turn back the clock?

helpfullike

Hi All, how much should I expect to pay for someone to do my taxes for me? (Ball park)
- fbar
- state
- Federal

Also I moved out from MA in February so not sure if I'd also still need to file in MA?

like

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

like

Why is it when I owe money to a state from my annual tax filings, if I don’t pay the full amount I get charged interest. But when they owe me, they ask for additional documentation and won’t pay me interest for them stonewalling me. Not much volatility y/y in earnings.

like

My 2022 w-2 has states tax paid in California. But I was living in Illinois. I have paid more taxes per my w2. Do I need to file state tax for both IL and CA?

like

Anyone works at KPMG MN office in the SALT practice and can let me know how it is?

like

I got married in 2021. Before my wedding I lived in State#1 and after the wedding I moved to State#2. My spouse lived in State#2 the entire year.
Can I file as Married Jointly in such a way that State#1 only calculates my income for the portion of the year I lived there?
Or do I need to file Married Seperately?

like

I want to leave tax. But as a salt manager what jobs would I even be qualified for?

like

I was paid a retention bonus last year which I have to return - couple of questions: Will I get a corrected W2 ? If yes, how much time does it generally to generate a corrected W2? Should I wait for corrected W2 to file the return ? (with the current comp - I owe taxes however with the W2C - I will probably not..) thoughts??

like

Looking for a referral to SALT opening with public accounting firms. Please let me know the organization you can help with. Thank you!

like

MTC Proposes Removing Online Sales solicitation from 86-272 protection. Thoughts?

like

Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

like

My work office is in philly but i wfh in delaware. Why im i paying for both state taxes as well as philly tax. Is that right or do i need to make some adjustments. Im at PwC currently.

likesmart

Anyone who recently started what is starting salary for a new associate in SALT? How does it compare to other lines of services?

like

Will states start imposing sales tax on NFTs?

like

Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.

like

Any big four hiring for indirect tax ?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal