The landscape of state taxation is continually changing and we wanted to update you on a couple of matters.

Many service businesses believe that since they have just one office and because that office is in Oregon, all of their income is therefore considered “Oregon Revenue”. That concept is no longer the correct approach for determining what is Oregon sourced revenue.

Additionally, in the past if you sold items to a customer in another state, you needed to have some level of physical presence in that state before worrying about collecting and submitting sales taxes. As a result of the Supreme Court Wayfair Case decision in 2018, you no longer need to have a physical presence connection with a state before you need to address sales taxes.

To see the full article, click on the link at right: Multi-State Update for Business Clients