Where Not To Die: States With State Estate Taxes

If your business sells online, has remote employees, or uses third-party fulfillment, you may owe taxes in states where you’ve never filed a return. Learn how physical presence and economic nexus rules work, what triggers an obligation, and what to do if your business has unexpected exposure.

The IRS has announced a new administrative penalty relief process designed to make relief more automatic for taxpayers with a history of filing and paying on time. The new process, called the Automatic Exemption from Penalty (AEP), will allow the IRS to automatically prevent certain penalties from being assessed when eligible taxpayers make a one-time mistake.