Withum

AUGUST 24, 2023

The choice of where to establish one’s residency prior to a liquidity event can have far-reaching implications regarding income taxes and personal financial goals. Make sure you are considering the type of income when implementing state income tax planning techniques.

income tax 52

income tax tax planning South Dakota Wyoming 52

Withum

FEBRUARY 20, 2024

As is MLB tradition, players and fans alike are making their way to Arizona and Florida for Spring Training with the Cactus and Grapefruit Leagues, respectively, set to get under way in the coming days. The tax implications and overall economic impact will be felt throughout the league and the states in which they play.

income tax 59

income tax Arizona Florida Tax 59

CPA Practice

JUNE 5, 2023

But the NBA Finals—and other sporting events—are connected to taxes in a big way. That’s partly due to a lucrative income tax imposed by all but five states known as the “jock tax.” And professional athletes aren’t the only ones affected by the tax. What is the jock tax? The tax has an interesting history.

income tax 118

income tax Tax Sports Nevada 118

Going Concern

JUNE 16, 2023

The CRA states their deductions as residents of Florida should be calculated based on splitting their time (60% in the US and 40% in Canada for the season). Retirement compensation arrangements (RCAs) allow 100 percent tax-deductible corporate dollars to be deposited into an RCA, on behalf of the private business owner and/or key employee.

income tax 52

income tax Sports Tax Florida 52

CPA Practice

JANUARY 31, 2023

DiAndria “Dee” Green supports clients in all aspects of sales tax compliance in the firm’s State and Local Tax practice, which includes implementing and managing a sales tax compliance automation process using tax software.

New Hampshire 110

New Hampshire Georgia Virginia public accounting 110

CPA Practice

APRIL 17, 2023

And now, the results are in: IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight : As was true in every year of voting, the tax prep system category is always the most voted-on, with nearly all respondents selecting a preferred system. We thank the more than 5,000 professionals who participated in voting this year.

quickbooks 130

quickbooks payroll Technology audit 130

LyfeAccounting

JUNE 7, 2021

Did you know that some countries have zero income taxes? If you use places like Dubai, Monaco, or the Bahamas as your primary residence then you don’t have to pay any taxes. Well, there are other states that give you great tax benefits as well. Not into changing your citizenship? Tip #4: Make Charitable Donations.

Legal 59

Legal Tax income tax Real Estate 59