- Plymouth, MN
Due to their special business structure, pass-through entities have unique state tax compliance implications. Examine various methods states use to impose income, franchise and other taxes on these businesses and explore related tax planning considerations. Discuss several high-level federal concepts that impact pass-through entities and typical areas where states do not conform. Identify common state tax compliance traps, including the requirement to file composite returns and withhold for nonresident owners at the entity level, and receive helpful tips to overcome these challenges. Explore the unique state apportionment issues impacting pass-through entities and how they differ from corporations.