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Friday, July 10th, 2009 at 5:55 am

State Budget Shortfalls Equal Greater Complexity (and headaches) for Tax Professionals

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Posted by Tax 2.0

The “Center on Budget and Policy Priorities” has developed a tidy state breakdown outlining the sales and income tax increases in action or on the horizon in an effort to help abate skyrocketing deficits.

Hand-in-hand with tax increases comes increasing complexity. How is your tax department preparing for this deluge of increased work? Sound off in the comments section after reading the full report, “Tax Measures Help Balance State Budgets - A Common and Reasonable Response to Shortfalls”.

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