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The accountant’s guide to state taxes on retirement income

ThomsonReuters

In addition to state income taxes, retirees should consider other state-level taxes, such as property taxes , sales taxes , and estate taxes , which can further impact their overall tax liability. Like Florida, Nevada does not impose state income taxes, offering retirees significant tax savings.

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Some States Are Considering Shelving the Grocery Tax

CPA Practice

By Marsha Mercer, Stateline.org (TNS) As inflation soared in the past year, families in some states suffered a double whammy—paying food sales taxes on top of higher-priced groceries. At least five of the 13 states where groceries were taxed as of last Jan. So, SNAP participants do pay the tax on those items.

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