Multi-State Taxes Explained: Nexus, Remote Employees, and Sales Tax

Описание: Running a business in multiple states is like playing 50 different board games at the same time—each with different rules, different pieces, and severe penalties if you mess up.

Most founders assume the US has one unified tax system. It doesn’t. It’s 50 separate jurisdictions stitched together, and if you get the apportionment wrong, you could end up being taxed on more than 100% of your income.

In this video, we break down exactly how multi-state taxes work. We explain the difference between Physical and Economic Nexus (the Wayfair Rule), why that one remote employee in Colorado might trigger a compliance nightmare, and why "losing money" doesn't exempt you from Franchise Taxes in states like Texas or Washington.

We also cover the specific traps set by aggressive states like California and New York, and provide a clear checklist for compliance so you don't get hit with a 3-year audit bill.

If you want a clear plan for multi-state compliance before you grow, reach out to us by visiting https://www.codeaccounting.com/contact

In this video, we cover: 1:15 - The Secret Remote Employee: How they create Nexus 2:00 - Physical Nexus vs. Economic Nexus (The Wayfair Rule) 3:15 - SaaS Taxation & The "Doing Business" Standard 4:00 - Income Tax vs. Sales Tax vs. Franchise Tax 5:30 - Gross Receipts States (WA, TX, OH, NV, DE) 6:45 - State Traps: California, Texas, & New York 8:15 - Multi-State Apportionment (Single Sales Factor) 9:45 - The Compliance Trinity: Income, Sales, & Annual Reports 10:30 - Foreign Qualification: Are you operating illegally? 11:15 - Remote Hiring Checklist & Final Advice.