State Income Tax Solutions
Whether you are a multinational corporation or an individual taxpayer, state income taxes can be a daunting task due to nuances of each state’s tax regulations. Our team of seasoned professionals use their expertise to fully utilize the opportunities for savings on your state returns. We ensure your tax compliance no matter where you are in the United States.
As a leading CPA firm based in Atlanta, we take pride in offering International Tax Services designed to:
- Maximize your return and minimize your tax burden
- Reduce risk or costly errors
- Provide timely and efficient results
What Is State Income Tax?
State Income Tax is a direct tax levied by a state on income earned in (or from) the state. If you reside in one state, but have made income in another, you may have to file a state tax return for more than one state. Similar to federal tax, state income tax is self-assessed, which means you or an accountant must prepare the return and file it.
What Are The States With No Income Tax?
As of 2023, the states that do not levy a state income tax are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. However, it is important to note that Washington does levy a state capital gains tax on specific high earners. States with no income tax often make up their revenues through other taxes or reduced services.
If you don’t live in one of the mentioned states, you will need to file both a federal and a state income tax. The state income tax rate will vary from state to state. You can track the status of your tax refund depending on your state using our handy refund tracker tool.
What Is The Georgia State Income Tax Rate?
Georgia’s maximum income tax rate is 5.49% for 2024. Georgia has six state income tax brackets, though most people are taxed at the highest rate.
Why Choose CKH Group?
CKH Group’s tax services are designed to unlock your tax potential and secure your financial well-being.
With CKH Group, you’re not just getting a CPA firm; you’re gaining a trusted partner committed to your success. Discover the CKH Group advantage, where excellence, integrity, and expertise come together to create a powerful tax partnership for you. Contact us today to explore how our tax services can add value to your organization.