As commercial, technological, and economic dynamics continue to evolve, more and more businesses operate in multiple states. Meanwhile, state rules grow increasingly complex. Tax professionals need a close understanding of each state they serve in order to identify potential pitfalls and opportunities. With regulations and provisions scattered between state publications, however, quick access to accurate, up-to-date information becomes difficult to achieve.
That’s where U.S. Master Multistate Corporate Tax Guide (2021) from CCH® Publications comes in handy. This is a desktop reference for CPAs, attorneys, tax preparers, and other professionals who serve these multistate entities. It’s an ideal resource for practitioners looking for quick at-a-glance comparisons between state systems and laws.
Features of U.S. Master Multistate Corporate Tax Guide (2021)
U.S. Master Multistate Corporate Tax Guide (2021) is a single-volume reference book. It contains concise explanations of major corporate tax issues in all 50 states and the District of Columbia, allowing practitioners to efficiently navigate the rules and guidelines for corporate income tax returns.
The book opens with a collection of charts. These clear, concise references are useful for getting quick answers to the most common inquiries. This section is followed by comprehensive state-by-state discussions, which offer practical, in-depth explanations of all major topics, from tax rates and credit to apportionment of income. The guide also provides comparisons between federal and state tax laws for multistate practitioners and covers combined reporting, consolidated returns, nexus, and net operating loss carryforwards and carrybacks. Other topics include return filing requirements and alternative minimum taxes.
It finishes with a section titled Highlights of Key New Developments, a summary of key legislation and regulatory changes during the previous year. It’s updated on an annual basis, ensuring that readers are aware of the most recent developments and can plan accordingly while filing returns.
Benefits of Using U.S. Master Multistate Corporate Tax Guide (2021)
U.S. Master Multistate Corporate Tax Guide (2021) was compiled, authored, and edited by the Wolters Kluwer Editorial Staff. This publication is accurate, reliable, and useful for all kinds of practicing professionals, including:
- Compliance specialists who prepare corporate returns
- Research specialists looking for quick answers on multistate issues
- CPAs, attorneys, and return preparers with multistate business clients
- Corporate tax and planning departments
- Educators and librarians
- State revenue departments
U.S. Master Multistate Corporate Tax Guide (2021) is clear, concise, and easy to understand. Handy charts provide answers to frequent questions while the rest of the book is organized for quick navigation. This easy access to state law differences can simplify your comparison and filing process, making returns easier and adding value to your multistate practice.
Order U.S. Multistate Corporate Tax Guide (2021) Online
Covering all 50 states and the District of Columbia, the U.S. Master Multistate Corporate Tax Guide (2021) is available as a softcover, making it the perfect desktop companion.
