This in itself is not a reason to avoid the S corporation election, but there is not a better place for this material. State nexus stuff is getting very complicated so we decided to make this a separate chapter since it will continue to grow over time.
Every year all 50 states plus the District of Columbia and New York City participate in a survey conducted by Bloomberg. Here is the link for the latest results, but a warning is in order first. The 2017 report is 523 pages (yet the table of contents is rich with detail to find your particular area of interest).
There is also an executive summary for 2018 available from Bloomberg, and it is only 20 pages (nice!)-
There are several concepts here and a ton of material. Here is the mini table of contents-
We will explore each of these in turn, and then attempt to bring it all together with a recap. The operative word is attempt since this stuff is changing all the time and will continue to evolve through court decisions, state legislation and the impending congressional moves.
Taxpayer's Comprehensive Guide to LLCs and S Corps : 2019 Edition