Tax & Accounting Blog

Do You Know Your Assets?

Do You Know Your Assets?

Did you know that some states treat your assets differently if you are in specific industries? ¬†For example, in California, if you are in the banking industry, only your banking assets are Reportable/Taxable, while all other assets are Not Reportable/Not Taxable. There are many states or specific jurisdictions where industry-specific forms, trend factor tables, or … Read More