ThomsonReuters
APRIL 24, 2024
We asked Wertz for his thoughts on two particular proposals from Illinois and West Virginia. West Virginia. However, the West Virginia bill includes a $25 million statewide cap on the total tax exemption per year. Senate Bill 2981 uses a different approach in its proposal.
TaxConnex
MARCH 23, 2021
Opponents have promised legal challenges , and t he Tax Foundation calls the new Maryland law “ incredibly vague ” on vital definitions, creating uncertainty about where revenue is sourced and when it is subject to the tax. Full of legal holes or not, will laws similar to Maryland’s mushroom in other states?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TaxConnex
DECEMBER 14, 2023
We need to absolutely bring into taxation our professional services as well,” read a recent state of the state address in West Virginia, which already taxes most services. Professional services” comprise legal work, medical care, accounting and other services from licensed specialists. What’s a service?
TaxConnex
NOVEMBER 3, 2022
They also promised continuing legal challenges, as they have since the law’s inception. Lawmakers have failed to take the complexity of digital advertising into account in structuring the proposed tax,” the Foundation added. The legal fight seems far from over, but the concept has been thrown into serious doubt – for now.
CPA Practice
DECEMBER 19, 2023
Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. A delay allows business owners to specify a future effective date on their registration forms, granting them control over when their company officially becomes a legal entity.
CPA Practice
AUGUST 17, 2023
Over the last year, the hottest topic of discussion among accounting professionals has been about how artificial intelligence will shape professional firms. For a profession as risk averse as accounting, what can we gather from this? AI has potential to save accounting.
inDinero Accounting
FEBRUARY 7, 2022
Washington was born into slavery in Virginia in 1856. Following emancipation 9 years later, Washington’s mother moved with him to West Virginia to join her husband. Washington worked in salt furnaces and coal mines in West Virginia for several years to earn money. A Black Entrepreneur is Born Booker T.
Expert insights. Personalized for you.
52 
Let's personalize your content