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10 Apr 2019, 6:03 am
Improvements to the economic efficiency of the tax code are sorely needed, and I’d like to take just a couple of minutes to walk through a few of the reforms reflected in H.B. 7410. [read post]
8 Apr 2019, 7:22 am
Brian Schatz (D-Hawaii) and Sen. [read post]
2 Apr 2019, 11:47 am
As currently written, the law applies to for-profit businesses that, do business in California, and collect personal information about California consumers, and that meet at least one of the following three tests: Has annual gross revenue in excess of $25 million. [read post]
26 Mar 2019, 6:44 am
Representing 2.7 percent of U.S. gross domestic product, the travel and tourism industry employed 5.4 million people in 2016.[1] Individuals travel for both work and leisure. [read post]
21 Mar 2019, 12:37 pm
With the release of his first biennial budget, introduced as Senate Bill 59, Wisconsin’s new Governor Tony Evers (D) has proposed dozens of miscellaneous tax changes. [read post]
21 Mar 2019, 6:00 am
R&D expenses are immediately deductible and eligible for tax credits. [read post]
20 Mar 2019, 10:00 am
If that amount were to change, you’d probably pay attention to that, then ask HR why that is. [read post]
20 Mar 2019, 7:24 am
Historically, the Code allowed employees filing itemized tax returns to include unreimbursed employee transportation expenses among the itemized expenses deductible in excess of the two percent of their adjusted gross income. [read post]
19 Mar 2019, 1:00 am
Though they’ve kept the dated frame’s design (gross), they have created a new directory for members. [read post]
19 Mar 2019, 1:00 am
Though they’ve kept the dated frame’s design (gross), they have created a new directory for members. [read post]
18 Mar 2019, 5:30 pm
., nonbusiness) income, allocated to the domiciliary state of the corporation.20 The taxpayers argued the gain should be sourced to the assets’ location or based on a three-year average of their allocation factors under the income tax rules for sourcing gain on the sale of assets in the liquidation of sole proprietorships and partnerships.21 The Tax Court agreed with the Division of Taxation and allocated the income to the domiciliary state of New Jersey.22 Before independently analyzing the… [read post]
15 Mar 2019, 1:43 am
In terms of lyrics “O d’odun lan ri orogbo, o do’dun lan ri ahusa, o d’dodun lan ri omo obi lori igba, my life don better”, there are similarities in the complete sentence and melody. [read post]
11 Mar 2019, 9:33 am
Pritzker (D) has proposed sweeping changes to Illinois’ tax code, advocating a constitutional amendment to permit a graduated-rate income tax and proposing a new rate and bracket structure. [read post]
7 Mar 2019, 7:49 am
Bill Richardson (D) set out to change that in an attempt to put the state on a more competitive footing with its peers. [read post]
6 Mar 2019, 1:46 pm
Like a gross receipts tax, a financial transactions tax results in tax pyramiding. [read post]
6 Mar 2019, 9:13 am
Supp.3rd1081 (D. [read post]
6 Mar 2019, 8:55 am
Key Findings Senator Sherrod Brown (D-OH), Representative Bonnie Watson Coleman (D-NJ), and Representative Ro Khanna (D-CA) introduced legislation to expand the Earned Income Tax Credit called the Cost-of-Living Refund Act of 2019. [read post]
5 Mar 2019, 9:33 am
SB 255 would extend these requirements to electric service providers, community choice aggregators, and energy storage system companies, as defined, and would change the $25,000,000 annual gross revenue threshold above which these requirements become applicable to $1,000,000 in gross annual California revenues. [read post]
5 Mar 2019, 8:09 am
Now that there is renewed talk of legislation that would tax financial transactions, I thought I'd mention my article on these issues from a few years back: "The Financial Transactions Tax Versus (?) [read post]
5 Mar 2019, 6:25 am
”I'd like a little detail on the philosophy of that. [read post]
