ThomsonReuters

JANUARY 17, 2023

What is the importance of an income tax treaty? What tax form does a nonresident alien file? Are nonresident aliens exempt from Social Security tax? FDAP — which is passive income such as interest, dividends, rents, or royalties — is taxed at a flat 30% rate, unless a tax treaty specifies a lower rate. .

Tax 59

Tax income tax tax return Non-Profits 59

ThomsonReuters

DECEMBER 14, 2020

On top of these final regulations, there are a lot of proposed regulations for business taxation and proposed and final regs on the individual income tax side, as well.”. Adding to the complexity and uncertainty, tax authorities have routinely issued sub-regulatory guidance such as FAQ documents, Oaks said. “On Oaks asked.

business tax 94

business tax Montana Tax New Hampshire 94

Shay CPA

APRIL 2, 2025

As the April 15, 2025, deadline for filing corporate tax returns approaches, many businesses, especially early-stage technology companies, may find themselves in need of additional time to gather necessary financial records and finalize their tax filings. What Is a Corporate Tax Extension?

corporation tax 52

corporation tax Tax CPA tax return 52

ThomsonReuters

JANUARY 2, 2025

may face tax nexus issues in states like Texas, Florida, and California. This can subject the company to state income taxes, SUT, and other local taxes beyond New York. Each state has different rules for determining tax nexus, often based on employee numbers or duration of presence.

Tax 52

Tax Technology New York Florida 52

Accounting Today

JUNE 9, 2025

There were corporate tax provisions which were permanent, (02:20): And there were the individual and estate provisions, which under that law are scheduled to sunset at the end of this year. So youre in New York, you get a job in California, you relocate. All rights reserved. You cannot claim that as a deduction.

Washington 52

Washington New York Florida Tax 52

CPA Practice

MARCH 26, 2024

By Laura Davison, Bloomberg News (TNS) The progressive rallying cry of “tax the rich” has morphed into a popular policy stance with voters in the key states that will decide the 2024 election, enjoying support even among those who prefer billionaire Donald Trump, according to the latest Bloomberg News/Morning Consult poll.

North Carolina 69

North Carolina Wisconsin Nevada Arizona 69

CPA Practice

NOVEMBER 15, 2024

Many Democrats campaigned on a tax-the-rich agenda and advocated paying for other tax cuts by targeting those provisions, as well as rolling back the law’s tax cuts for corporations and individuals making more than $400,000 per year. trillion over 10 years, according to the Committee for a Responsible Federal Budget. _

Tax 52

Tax Idaho New Jersey income tax 52

CPA Practice

JULY 26, 2024

That includes major subsidies for green energy, a focus on addressing high living costs and maintaining tax relief for lower- and middle-income families. But there are also areas where she is expected to signal her own policies, including on individual income tax rates, climate and consumer protection.

Tax 64

Tax income tax corporation tax California 64

CPA Practice

NOVEMBER 6, 2024

They point out that inflation didn’t spike in his first term while he enacted tariffs and tax cuts—and presided over robust economic growth, until the pandemic hit. Congress-watchers see other areas for potential agreement, because some—like a tax credit for childcare and an exemption for tips—were backed by both parties during the campaign.

Manufacturing 52

Manufacturing Tax Florida Texas 52