CPA Practice

SEPTEMBER 25, 2023

The IRS on Monday announced that all individuals and business owners in Maine and Massachusetts now have until Feb. 15, 2024, to file their tax returns and make tax payments because of Hurricane Lee’s impact. Quarterly estimated income tax payments normally due on Sept. So, this is more time to file, not to pay.

Massachusetts 115

Massachusetts Maine Tax income tax 115

Anders CPA

MAY 23, 2023

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

payroll tax 98

payroll tax payroll Rhode Island Tax 98

CPA Practice

APRIL 29, 2024

California is the most expensive state for wealthy investors, with a capital gains tax rate of 13.3% on income exceeding $1 million. And high-earning employees should take note: A newly expanded payroll tax means California’s highest earners to pay an additional 1.1%. The lowest tax rate in Maine is still a high 5.8%

Vermont 122

Vermont Minnesota Hawaii Massachusetts 122

Anders CPA

MAY 15, 2023

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

CPA Practice

JANUARY 29, 2024

The IRS reminds taxpayers the deadline to file a 2023 tax return and pay any tax owed is Monday, April 15, 2024. Taxpayers living in Maine or Massachusetts have until April 17, 2024, due to the Patriot’s Day and Emancipation Day holidays. Most tax return preparers provide outstanding and professional tax service.

tax return 116

tax return Tax income tax tax preparation 116

CPA Practice

OCTOBER 2, 2023

Affected taxpayers now have extended tax deadlines of Feb. 15, 2024, to file certain tax returns and make tax payments. The tax deadline extension for Louisiana follows tax relief for several other states this year, including tax extensions for Maine and Massachusetts. 20, 2023, to Feb.

Louisiana 59

Louisiana Tax tax return Mississippi 59

CPA Practice

NOVEMBER 1, 2023

Those states still have among the highest incomes, though. 3 for personal income per capita overall at $86,674, from No. 2 in 2019, behind Massachusetts at $88,197 and the District of Columbia at $100,971. The knocks to personal incomes affected state revenues. In Connecticut, personal income tax revenue took a $1.3

North Dakota 52

North Dakota South Dakota Utah Connecticut 52