Federal & State Income Tax
2207 41st Ave, suite 342
Long Island City, NY 11101
(347) 763-9426
www.mclancpa.com
Mon - Fri 7am - 7pm
cash, all credit cards, check
Contrary to popular belief, there’s nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although many states provide tax credits to prevent double taxation, those credits are sometimes unavailable.
Neither state offers a credit for taxes paid to another state, so your income is taxed twice. McLan Accounting Services LLC's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries.
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