Florida, North Dakota and tax preparation

The accountant’s guide to state taxes on retirement income

ThomsonReuters

APRIL 25, 2024

Let’s take a detailed look at state tax considerations for various sources of retirement income, including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans, and military retirement income. States with no income tax. States with no tax on TSPs.

South Dakota

South Dakota Rhode Island New Hampshire Wyoming

Wayfair: Sales Tax and State Income Tax Implications

TaxConnex

MARCH 18, 2021

Sales tax nexus can be physical or economic – or both. Supreme Court ruling in the 1967 sales tax case between National Bellas Hess and Illinois first established the physical presence rule. North Dakota in 1992 was an attempt by that state to rewrite Bellas Hess and have sales tax nexus determined by additional standards.

income tax

income tax South Dakota Sales Tax

Accountant Advocate

The accountant’s guide to state taxes on retirement income

Wayfair: Sales Tax and State Income Tax Implications

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