TaxConnex
SEPTEMBER 26, 2023
Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. In Colorado, for instance, establishing state-level nexus means you’ve also established it in each of the home rule cities – yet the tax rules of the latter might not match Colorado state tax rules. Yet again, this can vary.
Snyder
JUNE 9, 2022
State income taxes. Business income taxes. Local income taxes. Assessment tax return and short tax return. Income tax deadlines. Income tax extension: when is the last day to file income tax? Federal income tax brackets 2021 vs IRS income tax brackets 2022.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CPA Practice
OCTOBER 16, 2023
Taylor, Kiplinger Consumer News Service (TNS) Many Californians thought their taxes were due today (Oct. 16), but the IRS has further postponed tax deadlines for people in 58 counties impacted by natural disasters last winter. 16, 2023, to file their 2022 federal income tax returns and pay any tax due.
TaxConnex
MAY 11, 2021
In a few states, most notably Alabama, Colorado, and Louisiana, there are separate local level returns that you are required to file. Colorado alone has 73 home-rule jurisdictions each requiring their own sales tax return to be filed. Don’t get tripped up by specialty tax rates (non-sales tax rates).
TaxConnex
FEBRUARY 10, 2022
Some states — notably Alabama, Colorado, Louisiana, Alaska, among others — empower municipalities and other jurisdictions to levy sales taxes. Also with some states, you must specify the tax you’re registering for (e.g., sales tax or use tax). sales tax or use tax). Learn your filing schedule.
CPA Practice
APRIL 19, 2024
By 2027, marketplaces may account for 59% of ecommerce globally. Remit sales tax to the proper tax authority Once sales tax has been collected as required, it must be remitted on time with a sales tax return to the proper tax authority. By Gail Cole. Who wouldn’t want a piece of that pie?
CPA Practice
MARCH 7, 2023
For example, it makes sense to suggest electing S Corp status to your clients when their self-employment tax burden exceeds the tax burden if the corporation converted to an S Corp. For businesses structured as corporations, being an S Corp can help them avoid paying taxes at the corporate and shareholder levels.
Expert insights. Personalized for you.
201 
Let's personalize your content