CPA Practice

FEBRUARY 12, 2024

However, this isn’t the first time lawmakers have introduced legislation to end income tax on Social Security benefits. State tax on Social Security in retirement The proposed legislation only applies to federal income tax, so even if enacted, some retirees will still pay state income tax on Social Security income.

Tax 131

Tax Minnesota income tax payroll tax 131

ThomsonReuters

APRIL 25, 2024

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?

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

Anders CPA

MAY 15, 2023

Below we dive into the state and unemployment tax responsibilities employers need to know. If you have employees working in states that have state withholding tax, then the business will need to be registered with that state’s Department of Revenue “To Do Business.”

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

LyfeAccounting

JULY 14, 2021

We tried to find some fun facts about Nebraska, but we’ve got nothing other than the fact that Kool-Aid was invented there if you’re old enough to remember those days. And its property tax rate is also not so fun. Nebraska’s property tax rates are even higher than New York’s, coming in at 1.73%. So what’s going on?

Rhode Island 52

Rhode Island New Hampshire Vermont Wisconsin 52

ThomsonReuters

OCTOBER 20, 2020

The results of the Checkpoint Catalyst Survey of States’ Approach to Temporary Telecommuting survey show that the business tax consequences of COVID-19 telecommuting for companies large and small are unclear in most states. At issue in these circumstances is the concept of a tax nexus , or connection, with the state.

South Dakota 40

South Dakota Sales Tax Rhode Island 40