CPA Practice

MARCH 12, 2024

By Zina Hutton, Governing (TNS) No one likes paying taxes and property taxes are always the least popular. Some lawmakers are now looking to eliminate them entirely, with anti-tax initiatives also being proposed for this year’s ballots. c)2024 Governing. Visit Governing at www.governing.com.

North Dakota 114

North Dakota Idaho Tax Michigan 114

CPA Practice

DECEMBER 7, 2023

Three rounds of stimulus checks—known officially as Economic Impact Payments—were sent by the federal government to income tax filers between March 2020 and March 2021 as a way to offset some of the hardships of the COVID pandemic. “There is no fourth round of [stimulus checks] from the Treasury Department,” he said.

Montana 119

Montana Idaho New Mexico Illinois 119

CPA Practice

APRIL 3, 2024

Unlike tax rates, which vary widely based on an individual’s circumstances, tax burden measures the proportion of total personal income that residents pay toward state and local taxes, according to WalletHub. Maine has the highest property tax burden, while Alabama has the lowest. 1 being the highest and No.

Rhode Island 111

Rhode Island Alaska Tax New Hampshire 111

CPA Practice

APRIL 9, 2024

Unlike tax rates, which vary widely based on an individual’s circumstances, tax burden measures the proportion of total personal income that residents pay toward state and local taxes, according to WalletHub. Maine has the highest property tax burden, while Alabama has the lowest. 1 being the highest and No.

Rhode Island 106

Rhode Island Alaska Tax New Hampshire 106

CPA Practice

FEBRUARY 9, 2024

Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. Gambling winnings tax If you are one of the millions to place a bet this year, you need to know that the IRS considers sports betting to be gambling. Usually, the payer (e.g.,

Gambling 122

Gambling Tax Sports South Carolina 122

TaxConnex

OCTOBER 5, 2021

Your business is responsible for collecting excise taxes and sending them to the proper authorities but, unlike sales tax, the cost of the excise tax is usually passed invisibly on to the consumer in the form of increased prices. Federal, state, and local governments can all impose excise taxes.

Sales 177

Sales Tax South Carolina Hawaii 177

Withum

MARCH 27, 2024

Peter Huntsman HUN +1.1%, Chief Executive Officer of Huntsman Corporation, reiterated the need for stability in federal income tax legislation by highlighting China’s manipulation of the pricing of ethylene carbonate, a much-needed chemical for EV batteries. The chair of the Senate Finance Committee, Senator Ron Wyden (D-Ore.),

Finance 59

Finance Manufacturing income tax Idaho 59