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5 States with the Lowest Combined Business Taxes

CPA Practice

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

Employers must use one of the special payment methods if their average tax liability was $25,000 or more per month during the previous calendar year for business taxes, which includes withholding tax (wage withholding tax and non-wage withholding tax). Remote worker guidance.

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Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

Those affected by flooding in Vermont. 24, 2024, to file various individual and business tax returns. Taxpayers can get answers to many tax law questions by using the IRS’s Interactive Tax Assistant tool. An IRS Online Account is needed, however, to use IRS Direct Pay. They have until Oct. 31, 2023, to file.

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Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

Those affected by flooding in Vermont. 24, 2024, to file various individual and business tax returns. Taxpayers can get answers to many tax law questions by using the IRS’s Interactive Tax Assistant tool. An IRS Online Account is needed, however, to use IRS Direct Pay. They have until Oct. 31, 2023, to file.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

Vermont ( House Bill 66 ) Virginia ( House Bill 2035 ) West Virginia ( Senate Bill 197 ) – pilot program for Parental Paid leave States that already have PFMLI programs on the books are eyeing some changes. Tax credits State legislators are looking to offer businesses tax incentives for certain benefits to employees.

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