New Jersey leaders hope a law they just enacted will lead to a legal showdown with New York over its rules for taxing telecommuters. But the prospects are challenging even as remote work lifestyles flourish.
The state spends more than $2 billion a year crediting hundreds of thousands of residents for income taxes they must pay to other states because their employer is based there—virtually all of it related to jobs located in New York. The arrangement has applied for years to people commuting across the Hudson River, but has gotten closer scrutiny from New Jersey lawmakers since ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Singapore authorities have charged the former CEO of collapsed crypto lender Hodlnaut Zhu Juntao with fraud, nearly four years after the firm froze withdrawals during the collapse of the TerraUSD ...