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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. Individuals withdrawing funds from their 401(k) plans may be subject to state income taxes depending on where they reside.

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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. P.S. We’re off for Labor Day, hope you are too.

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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

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The 10 Best Property Taxes By States in 2021: Move Here to Save Money!

LyfeAccounting

This is interesting because Wyoming actually has the lowest population out of any other state in the U.S. Wyoming only has a 0.61% property tax rate but that’s not the end of the story t here. The post The 10 Best Property Taxes By States in 2021: Move Here to Save Money! So how can they improve that well?

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The 10 States With the Lowest Property Taxes in 2021

LyfeAccounting

This is interesting because Wyoming actually has the lowest population out of any other state in the U.S. Wyoming only has a 0.61% property tax rate but that’s not the end of the story t here. The post The 10 States With the Lowest Property Taxes in 2021 appeared first on Small Business Accounting & Finance Blog.

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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

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