Multi-State Tax Changes 2025-2026: Illinois, Texas, and Beyond

Описание: 💡 State tax laws are shifting rapidly across the U.S. In this video, we break down the "One Big Beautiful Bill Act" (OBBB) and how states like Illinois, Tennessee, and Florida are rewriting their tax playbooks for the digital age.

This is SW ACCOUNTING & CONSULTING CORP. In this video, I'm breaking down Major State Tax Shifts in a way that's easy to understand. If you're a multi-state business owner or digital entrepreneur, you'll want to pay close attention to the decoupling trends and new digital taxes we discuss.

⏰ Timestamps

00:00 Intro

00:36 The OBBB Domino Effect: Decoupling vs. Conforming

01:39 Illinois & the Finnegan Rule: A Massive Apportionment Shift

03:04 Taxes for the Digital Age: Crypto, Social Media & AI

04:48 Courtroom Showdowns: Setting New Precedents in Ohio

05:54 Wrap-up: The Takeaway for Multi-State Businesses

✅ About Us SW ACCOUNTING & CONSULTING CORP is a California-based CPA firm providing comprehensive accounting and tax solutions for businesses and individuals. As CPAs licensed in both California and South Korea, we offer expert, bilingual (English & Korean) guidance on federal/state tax, audit, payroll, and more.

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⚠️ Disclaimer The information provided in this video is for general informational purposes only and does not constitute professional legal or financial advice. You should consult with a qualified professional for advice tailored to your specific situation.

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