Call Us : 312.642.0006

Tax, Audit, Firm and Regulatory News

Residency and Non-residency: Navigating State Individual Income Tax Rules

In this webinar recorded on August 19, 2025,  William Hendrick discusses state individual income tax, focusing on residency and non-residency. The presentation explains key concepts like domicile, statutory residency, and sourcing, detailing the ramifications of being a resident or non-resident in various states. It highlights the variability of state rules, emphasizing the need for meticulous attention to each state’s unique tax regulations. The webinar also covers strategies for avoiding double taxation, the impact of remote work on tax obligations, and recent trends in state tax policy. This webinar underscores the importance of thorough documentation and professional advice, especially when making significant residency changes.

 

If you have questions please reach out to your Topel Forman contact or contact us at info@topelforman.com

Related News Posts

Building a financial foundation for your children

Building a financial foundation for your children

Feb 9, 2026

For many parents, providing financial security for their children is a top priority. But building that security involves more than funding college or opening a savings account. The real goal isn’t just to transfer wealth – it’s to prepare the next generation to manage, grow, and protect it.

read more
IRS clarifies 100% first-year bonus depreciation rules

IRS clarifies 100% first-year bonus depreciation rules

Jan 26, 2026

The IRS recently issued new guidance clarifying how the permanent 100% bonus depreciation deduction will work moving forward. This allows businesses to fully deduct the cost of qualified property in the year it’s placed in service, rather than depreciating it over several years.

read more