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State and Local Tax Technology Checklist Guidance from the first quarter of 2019To make recent state and local tax developments related to technology more accessible to our clients, Washington National
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Who needs state and local tax?
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Individuals who reside or earn income in a state or locality that imposes state and local taxes are required to file these taxes.
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What is state and local tax?
State and local tax is a tax imposed by state and local governments on income, sales, property, and other transactions.
Who is required to file state and local tax?
Individuals and businesses who earn income or conduct activities within a state or locality that imposes a tax are required to file state and local tax.
How to fill out state and local tax?
To fill out state and local tax, individuals and businesses must gather relevant financial information, complete the necessary tax forms, and submit them to the appropriate tax authority.
What is the purpose of state and local tax?
The purpose of state and local tax is to generate revenue for state and local governments to fund public services and infrastructure.
What information must be reported on state and local tax?
Information that must be reported on state and local tax includes income, deductions, credits, and any other relevant financial transactions.
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