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19 Feb 2020, 7:09 am by Kevin Kaufman
Assembly Bill 910 and companion bill Senate Bill 821 would reduce individual income taxes for low- and middle-income taxpayers by increasing the standard deduction. [read post]
24 May 2024, 7:22 am by Stefana
are often deductible Services & subscriptions: Services like software (e.g. [read post]
24 Nov 2020, 2:18 pm by Kevin Kaufman
For example, rules related to Global Intangible Low Taxed Income (GILTI), which the Treasury Department finalized this year, may be examined and modified to provide a less generous high-tax exception, which currently allows corporations to opt out of paying GILTI if they pay sufficiently high tax rates on certain income sources from abroad. [read post]
14 Aug 2019, 5:45 am by Colby Pastre
For example, Washington State has high sales taxes but no income tax, whereas Oregon has no sales tax but high income taxes. [read post]
20 Jul 2023, 6:44 am by Berry Law
Kentucky Disabled Veterans who are totally disabled from military service or are at least 65 years old may qualify for a property tax exception of up to $46,350. [read post]
6 Jan 2011, 2:00 pm
The Tax Relief Act of 2010, signed into law on December, 17, 2010, contains a wide range of income tax, estate tax, and unemployment insurance changes affecting individuals and businesses. [read post]
13 Jan 2014, 12:39 pm
The Internal Revenue Service, or IRS, has seemingly unlimited resources at its disposal when it comes to investigating tax crimes. [read post]
19 Apr 2019, 6:53 am by Colby Pastre
These forms of income are exempt because this would incorporate the returns from investment into the tax base, when policymakers are trying to tax receipts from the sale of goods and services in Oregon. [read post]
17 Feb 2021, 6:57 am by Kevin Kaufman
Monthly payments would be provided based on income tax returns on file with the Internal Revenue Service (IRS) for 2019 or 2020. [read post]
20 Jan 2014, 1:53 pm
The United States Internal Revenue Service Whistleblower Program pays an award worth between 15 and 30 percent of the total proceeds that IRS collects could be paid, if the IRS moves ahead based on the information provided. [read post]
4 Jan 2012, 2:33 am by Robert Kraft
Tens of thousands of spouses of totally disabled veterans in Texas will qualify for significant property tax relief under a new law that took effect January 1, 2012. [read post]
3 Mar 2020, 9:57 am by Kevin Kaufman
Instead, taxpayers can look at their Form 1040 to see how much total income tax was paid and compare that amount to how much they earned in the year to determine their effective income tax rate. [read post]
30 Apr 2013, 1:26 am by Gene Takagi
  On April 25, 2013, the IRS released its Colleges and Universities Compliance Project Final Report, which stated the Service's plan to look at how nonprofits across the sector report unrelated business income (UBI) and use comparability data in setting compensation. [read post]