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The accountant’s guide to state taxes on retirement income

ThomsonReuters

Navigating state taxes on retirement income is a critical aspect of financial planning for retirees. While federal tax rules apply uniformly across the country, state tax rules can vary widely. Jump to: • State tax on retirement income • Which states do not tax retirement income?

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A List of the 10 Worst Property Taxes By States

LyfeAccounting

We’ll do this in a countdown way up to the state with the highest tax rates. Top 10 Worst Property Taxes By States. Rhode Island. The top 10 on the list of states with the worst tax rates is Rhode Island. Like we said earlier, taxes may not always be a bad thing. So what’s going on?

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State Legislative Update: Tax Relief Opportunities and New Tax Obligations Enacted in 2022

ThomsonReuters

The Delaware legislature passed legislation that created the 2022 Delaware Relief Rebate Program to provide resident, individual income taxpayers a one-time, retroactive, refundable income tax credit in the amount of $300. The tax credit is referred to as a “relief rebate.” Florida Sales Tax Holiday.

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Are Interstate Telecommuters During COVID-19 a Sales Tax Liability for Your Company?

ThomsonReuters

In some states, for example, a single employee working in the state can trigger sales and use tax collection obligations for their employer, even if the company does not have any other physical presence in the state and its sales into the state do not trigger dollar or volume thresholds that would otherwise necessitate collection.