Monthly Archives: June 2016
Reciprocal agreements are entered into by neighboring states so residents can cross the border for employment without having to pay double income tax. Many states have created these agreements to make tax time easier for commuters who work and reside in two different states. These exemptions mean you only have to pay income tax on […]
— Read moreTax time doesn’t have to be difficult for workers who are residents of a different state than that in which they work. Many states have enacted reciprocal tax agreements, which allows taxpayers living in certain states covered under the agreement to be exempt in paying income tax on earnings from within the work state. For […]
— Read moreThroughout the United States, there is a large percentage of the workforce that crosses state lines to work. Resident of one state may seek employment in another, especially if they live near a border that makes the commute simple. However, this can mean a more difficult tax season for those that commute. Thankfully, many states […]
— Read moreMinnesota allows those who work in the state to be exempt from paying state income tax if they are a legal resident of Michigan or North Dakota. Taxpayers who live in these two states are able to work in Minnesota without having to worry about filing a return for the money they earn in the […]
— Read moreCertain states that border one another have set specific agreements in place that allow taxpayers to be a resident of one state and work in another. Reciprocal tax agreements make tax time easier by requiring the taxpayer to only file one return in their home state, as they are exempt from paying taxes in their […]
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