Search for: "Connecticut Department of Revenue Service"
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2 Jun 2021, 7:55 am
Even as the bureau sought to make a name for itself by pursuing gangsters and rousting alleged subversives, it could not have survived, let alone flourished, without servicing local departments with its informational platform. [read post]
25 May 2021, 2:55 am
Established by the TCJA in § 951A of the Internal Revenue Code (IRC), GILTI was designed as a proxy for the profits of U.S. multinationals from foreign-held intangible assets, including patents, software, trademarks, copyrights, and other forms of IP held by their foreign subsidiaries. [read post]
19 May 2021, 9:09 am
Local governments rely heavily on property taxes to fund schools, roads, police departments, and fire and emergency medical services, as well as other services associated with residency or property ownership. [read post]
22 Apr 2021, 5:55 am
Sources: State departments of revenue, state budget offices, and county tax departments. [read post]
1 Apr 2021, 6:59 am
Sources: State statutes; state revenue departments; Bloomberg BNA. [read post]
4 Mar 2021, 9:30 am
Last week’s ruling in Kansas District Court leaves only three states — Colorado, Massachusetts and Connecticut — that still prohibit merchants from adding a surcharge for credit card transactions. . . . [read post]
3 Mar 2021, 10:38 am
Department of Housing and Human Services (HUD) to promote affordable housing and expand economic opportunities for low-income households. [read post]
17 Feb 2021, 2:16 pm
Department of Labor; U.S. [read post]
9 Feb 2021, 6:00 am
Census Bureau; state revenue departments; Prof. [read post]
25 Jan 2021, 5:35 am
Traction: For 2020, we’ve generated $138,655 gross revenue. [read post]
23 Jan 2021, 2:53 pm
In April, the Department of Revenue published an "emergency regulation" declaring that any income earned by a nonresident who used to work in Massachusetts but was now telecommuting from out of state "will continue to be treated as Massachusetts source income subject to personal income tax. [read post]
6 Jan 2021, 6:38 am
Sources: Sales Tax Clearinghouse; Tax Foundation calculations; State Revenue Department websites. [read post]
5 Jan 2021, 6:00 am
Connecticut Connecticut is continuing to phase in an increase in its income tax exemption for pension and annuity income. [read post]
4 Jan 2021, 6:00 am
So is this content being peeled off of Law360 in order to create a new revenue stream? [read post]
8 Dec 2020, 1:55 am
Recent data from the New York Department of Taxation and Finance suggest four-year tax revenue losses of $20.9 billion in real terms, about a 6.7 percent inflation-adjusted decline across the period, and a challenge above what the figures would indicate for a state that was struggling to balance its budgets even before the COVID-19 pandemic. [read post]
7 Dec 2020, 2:23 pm
” The appellate court added that “as the full service sector’s revenue was not closely related to either the number of stores or the number of online influencers service the segment, the focus on these metrics was ‘myopic’; disclosure would not have given a more accurate picture of the status of the business. [read post]
11 Nov 2020, 9:16 am
In proposed regulations released this week, the Department of the Treasury and the Internal Revenue Service (IRS) have signaled their intention to bless one type of state workaround for the $10,000 State and Local Tax (SALT) deduction cap: entity-level taxes that allow owners of pass-through businesses to pay an additional state tax at the business level, with an offsetting credit against their individual income tax liability. [read post]
30 Oct 2020, 3:00 am
The biggest lobbying firms, such as Brownstein Hyatt Farber Schreck, also reported increasing revenue this year. [read post]
20 Oct 2020, 9:03 pm
This temporary reduction is the result of revenue triggers adopted in 2018, and enhanced revenue from corporate base broadening—the result of the federal Tax Cuts and Jobs Act (TCJA)—quickly met the 7 percent excess collections threshold required for a rate reduction. [read post]
29 Sep 2020, 12:28 pm
In Arizona, revenue would be allocated to community colleges, police departments, fire departments, transportation funding, and a new Justice Reinvestment fund. [read post]
