Multi State filing requirements for a Small IT consulting company! Dear Taxguru,
I have a New York State based IT Consulting C-Corporation and recently opened a small office in Maryland to service my Clients.
The revenue from this state is not more than 10% of the total revenue of my corporation and my CPA is urging me to file a Multi-State tax return and wants to charge me an extra $1,000 for the additional state.
My first question is it true that I have to file a Maryland Corporate tax return even if I have a small office and revenue is about $100,000 per year?
The second question, is it reasonable for the CPA to charge additional fees for the Maryland Corporate State return? |