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2023 in review: The year in sales tax

TaxConnex

Added another critic, in August, “Next week’s installment of Connecticut’s annual suspension of sales taxes on clothing and shoes may be a reminder that government is very good at bribing people with their own money.” National sales tax H.R.25 The instantly embattled bill seeks a national sales tax on the use or consumption in the U.S.

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How to File Income Tax Return: Tax Filing Preparation Guide 2022

Snyder

For e-commerce business owners, income tax filing season marks the start of a highly stressful time. Among the taxes that e-commerce businesses need to file, income tax is the most common one. To help you meet the income tax filing season fully armed and prepared, we have compiled a step-by-step guide.

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Maximizing Profits Through Proper Tax Planning

MyIRSRelief

And you may even include assistance for tuition, childcare, transportation, and even what you use for the cafeteria in your company. If a program is designed to benefit employees, it may be tax-deductible which only maximizes profits by providing additional deductions. No State Sales or Individual Income Tax: Alaska.

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What is sales tax?

ThomsonReuters

In the United States, it is not a federal tax, but rather a state and local tax. Sales tax revenue is used to fund various government programs and services such as education, transportation, and healthcare. Also, it’s a form of indirect tax, meaning that it is a tax that can be shifted to others.

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What is the Consumer Price Index, and what does it have to do with payroll?

ThomsonReuters

Alaska’s minimum wage rate did not change from $10.34 The Urban Alaska CPI-U decreased by 1.1% The Urban Alaska CPI-U decreased by 1.1% According to the Alaska Department of Labor and Workforce Development, because there was no inflation in 2020, the minimum wage rate remains unchanged in 2022.

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