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The Best States for Minority Entrepreneurs

CPA Practice

Wyoming, South Dakota, North Dakota, New Hampshire, Montana, Maine, Utah, Kansas, Minnesota, Maryland, Idaho, Oregon, Colorado, Missouri, Nebraska, Florida, Ohio, Wisconsin, and Massachusetts also made the list. Notably, of the states with the highest absolute percentage of minority-owned businesses (Hawaii, Washington D.C.,

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Excise Tax versus Sales Tax

TaxConnex

Federal, state, and local governments can all impose excise taxes. Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland. Latest estimates are that at the federal level the U.S.

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Betting on the Super Bowl? Don’t Forget About Taxes

CPA Practice

Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. Remember that, like the federal government, most states tax income (including gambling winnings), although some states don’t allow deductions for gambling losses.

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Sales and Use Tax in 2020: A Look Back

TaxConnex

The year kicked off with some bold predictions of economic nexus laws continuing to change as more states were poised to enact economic nexus rules and marketplace facilitator laws started to proliferate (among them Hawaii and Illinois, with North Carolina to follow a month later). End of year and a new normal.

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ARPA Close-up: COBRA Premium Subsidy

ThomsonReuters

The federal government will be funding continuing coverage with employers claiming the reimbursement as a payroll tax credit, much like under ARRA, through Form 941. The following states do not have laws regarding continuing coverage of any kind: Alaska, Idaho, Indiana, Michigan, Montana, and Nevada (repealed). in February.

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Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

The Hawaii Unemployment Insurance Division has told Thomson Reuters that every claim for unemployment insurance benefits is examined individually on a case-by-case basis, therefore, the Division could not issue a general statement about eligibility for benefits. . The Idaho Department of Labor did not respond to our request.

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How the 50 States Rank By Tax Burden

CPA Practice

The following is how the states rank by overall tax burden, with No. 1 being the highest and No. The following is how the states rank by overall tax burden, with No. 1 being the highest and No. The following is how the states rank by overall tax burden, with No. 1 being the highest and No.