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Required information Problem 12-36 (LO 12-3) (The following information applies to the questions displayed below.) Part 2 of 3 Gary Holt LLP provides tax and

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Required information Problem 12-36 (LO 12-3) (The following information applies to the questions displayed below.) Part 2 of 3 Gary Holt LLP provides tax and legal services regarding the tax-exempt bond issues of state and local jurisdictions. Gary typically provides the services from his New York offices. However, for large issuances he and his staff occasionally travel to another state to complete the work. points Determine whether the firm has income tax nexus in the following situations: Print Problem 12-36 Part b b. Gary Holt LLP has employees who live in New Jersey and Connecticut and perform all their employment-related activities in New York. Does it have income tax nexus in New Jersey and/or Connecticut? New Jersey Connecticut

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