The State Franchise Tax: Another Business Tax to Consider

Practical SALT Guidance:  Last week I received an e-mail from a business associate. He’s a member of a high-technology finance executive group which includes CFOs, finance VPs, and corporate controllers, many whom work for high-tech start-ups. Along with his e-mail, he forwarded a fellow member’s question on state franchise taxes.  The question stated that this executive’s company […]