Understanding the Apportionment Rules for Service-Based Businesses

Jeff Glickman presented this webinar program sponsored by Lorman Education Services.  Apportionment of income for state tax purposes is 'where the rubber meets the road.' That is to say, the complex and varied rules for determining a taxpayer's state income tax apportionment percentage can provide opportunities - with careful planning - for state tax minimization or create traps - without such planning - that lead to multiple taxation.  This presentation provided a comprehensive look at particular apportionment issues facing service-based business in order to arm the business with the information necessary to structure its operations to take advantage of the opportunities and to avoid the traps.