article thumbnail

Sidestepping the SALT Cap with the Pass-Through Entity Tax

CTP

The states that have passed a type of pass-through entity tax legislation are Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Idaho, Illinois, Louisiana, Maryland, Minnesota, New Jersey, New York, Oklahoma, Oregon, Rhode Island, South Carolina, and Wisconsin.

article thumbnail

Intuit Inks Deal To Purchase Order Management Provider TradeGecko

PYMNTS

David Cicilline (D-Rhode Island) questioned the arrangement within weeks of the transaction’s announcement. One former DOJ lawyer told ProPublica regarding the potential acquisition, “Allowing a near-monopolist to eliminate a maverick competitor poses obvious risks of harm.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Small Business Bankruptcy Bill Becomes Law

PYMNTS

Sheldon Whitehouse (D-Rhode Island), included incentives for small business owners to retain ownership of their companies, as well as creditor protections. The law will take effect on Feb. 19, 2020, reports said. The legislation, which was first proposed late last year by Sen. Chuck Grassley (R-Iowa) and Sen.

article thumbnail

US Lawmakers Want Cheaper Chapter 11 For SMBs

PYMNTS

Sheldon Whitehouse (D-Rhode Island), would introduce incentives for small business owners that want to maintain ownership of their companies. According to The Wall Street Journal ( WSJ ) on Friday (Nov. 30), two U.S. million or less in debt. The Small Business Reorganization Act of 2018, introduced Thursday (Nov. 29) by Sen.