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26 Dec 2012, 9:39 pm
Typically though, the type of consumer who is using there tax refund to file are wage earners who are employed and get a w2 and make less than the median income which is 48k for an individual 60k for a couple with each child adding about 6k to the equation. [read post]
5 Jul 2017, 8:57 am by Douglas A. Berman
As reported in this local article, in Delaware the "General Assembly has passed a concurrent resolution that will create a task force to study the outcome of regulating and taxing marijuana for recreational use in Delaware for adults 21 and older. [read post]
5 May 2017, 2:28 pm by Douglas A. Berman
" Here are the basics: Marijuana would be legalized for recreational uses and taxed at a rate of 16% under petition language that will be turned in... [read post]
9 Apr 2014, 5:30 am by Michele Berger
Dave Camp (R-MI), the Chairman of the Ways and Means Committee, released a draft proposal for comprehensive tax reform. [read post]
6 Apr 2007, 3:59 am
Today I saw a chart published by the conservative Tax Foundation that they use to criticize a proposal to increase federal cigarette taxes - and suddenly I think I might support this proposal for the first time.Before the Senate passed its budget two weeks ago, members approved an amendment proposed by Gordon Smith (R-OR) to raise the federal tobacco tax from 39 cents to a dollar per pack and use the money to expand the State Children's… [read post]
14 Nov 2009, 4:00 am
Wall Street Journal, US Senate Centrists Ponder Gradual Estate Tax Reduction, by Martin Vaughan: A bipartisan group of senators who favor lowering estateâ€"taxes are studying a proposal to gradually reduce the tax until it reaches 35% in 2019. [read post]
28 Feb 2013, 7:40 pm
While most just think about hitting it big, the state and local tax attorney in me wonders where the sale of an app is taking place and if this type of transaction is subject to sales tax. [read post]
19 Jan 2009, 5:56 pm
Make sure you use the right tax form to file your IRS Tax Return.Three forms? [read post]
20 Aug 2012, 3:30 pm
The Tax Policy Center’s (TPC) original analysis of Romney’s tax plan was roundly criticized by us, the Wall Street Journal (WSJ), the American Enterprise Institute (AEI), and others. [read post]
5 Jun 2019, 9:34 am by Colby Pastre
Patent boxes at the cantonal level will allow for preferential tax treatment of profits derived from patents, and cantons will be able to allow for R&D deductions. [read post]
1 May 2018, 8:30 am by John Buhl
Policymakers should consider the disadvantages of using a cigarette tax increase to fund infrastructure maintenance: namely, mismatched incentives and a declining revenue stream. [read post]
12 Nov 2013, 12:12 pm
” A report issued by the Office of the State Comptroller in 2010, “A Programmatic Examination of Municipal Tax Abatements,” notes (page 12) that the use of tax abatements results in Jersey City “not collecting approximately $120 million in property taxes on exempted property. [read post]
24 Nov 2010, 9:55 am
Senator Steve Oroho (R-Sussex) today lauded the inclusion of business tax reform measures he has authored in a package of jobs creation bills that will be considered by the Senate in December. [read post]
4 Jun 2009, 12:50 pm
The Tax Foundation, a "nonpartisan educational organization" whose mission "is to educate taxpayers about sound tax policy and the size of the tax burden borne by Americans at all levels of government", has some interesting figures in its Special Report No. 163, State-Local Tax Burdens Dip As Income Growth Outpaces Tax Growth, showing the State and local tax burdens for the Fiscal Year 2008.A table from that Special Report… [read post]
19 Oct 2010, 3:38 pm
The Tennessee Department of Revenue defines "Sales Tax Evasion" simply as "knowingly and willfully failing to remit sales tax collected or failing to pay sales or use tax when due. [read post]
18 Apr 2012, 6:36 am by McNabb Associates, P.C.
The site, www.jobcentral2.net, listed nonexistent jobs and used applicants’ identities to file the bogus federal tax returns and collect tax refunds, said Cyrus R. [read post]