article thumbnail

Rhode Island Governor Tapped As Biden’s Commerce Secretary

PYMNTS

President-elect Joe Biden has tapped second-term Rhode Island Gov. Raimondo , the first woman to be governor of Rhode Island, will lead the Commerce Department in setting trade policy and furthering U.S. Raimondo, 49, has degrees from Harvard and Yale Law School and was a Rhodes scholar. opportunities for growth.

article thumbnail

The Most Complex States for Personal Property Tax Compliance

CPA Practice

Idaho, New Mexico, Maine , and Rhode Island are just a few states where counties don’t use state-created, standardized return and depreciation forms. California, New Mexico, South Carolina, and Maricopa County, Arizona), while others still require taxpayers to file by mailing paper returns.

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

Sales tax and Marketplaces: Who owns the responsibility?

TaxConnex

The platform currently calculates, collects and remits state sales tax on shipments to (in the order in which they began): Washington, Pennsylvania, Oklahoma, Minnesota, Iowa, Connecticut, South Carolina, South Dakota, New Jersey, the District of Columbia, New York, Idaho, Nebraska, Alabama, Arkansas, Kentucky, California, Maine, Massachusetts, North (..)

Sales 228
article thumbnail

How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. Rhode Island $1,600,495 $684,828 42.8% California $1,589,377 $659,224 41.5% Rhode Island $1,600,495 $684,828 42.8%

article thumbnail

IRS Says State Issued Stimulus Payments are Not Taxable

CPA Practice

This means that people in the following states do not need to report these state payments on their 2022 tax return: California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Maine, New Jersey, New Mexico, New York, Oregon, Pennsylvania and Rhode Island.

article thumbnail

Love is in the air. and so is sales tax

TaxConnex

Wine, according to The Wine Institute , incurs sales tax in all states that have a sales tax except in Kansas, Massachusetts and Rhode Island. This can depend on details: For example, tax in California depends on the temperature of the food. Wine and other spirits also incur excise taxes in many states.

article thumbnail

The accountant’s guide to state taxes on retirement income

ThomsonReuters

These states include Alabama, Arizona, Arkansas, California, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Wisconsin.