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Hybrid and remote workers who commuted to another state to work in 2023 may face an ugly surprise for tax season: double state taxation. ... "the Illinois resident pays tax to the state where they ...
Remote workers could face double taxation Some employers continued remote and hybrid work into 2022. If your employer is outside the state where you worked remotely, there may be tax implications ...
Gig workers have different obligations than those of traditional W-2 workers. As independent contractors, freelancers or "gig workers" need to ensure they are meeting their tax obligations to the ...
Remote workers are subject to taxation based on a combination of factors including their residence, the location of their employer, and the specific tax laws of the relevant jurisdictions. Generally, remote workers are taxed in accordance with the rules and regulations of the jurisdiction in which they reside.
Illinois is one of 11 U.S. states with a flat income tax; seven states have no income tax; 32 other states use graduated income taxes, which tax higher incomes at a higher rate. [5] The last state to switch from a flat state income tax to a graduated state income tax was Connecticut in 1996.
Rescinds certain unobligated amounts made available to the Internal Revenue Service by the Inflation Reduction Act of 2022 for (1) its enforcement activities and operations support, (2) the efile tax return system, and (3) funding the U.S. Tax Court and certain Department of the Treasury tax agencies. H.R. 26: January 9, 2023
When it comes to remote work, everything changed in 2020. You know how it happened. The pandemic struck and employers who weren’t already allowing remote work were forced to do so.
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