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The accountant’s guide to state taxes on retirement income

ThomsonReuters

As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.

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IRS Getting Serious About Prosecuting ERC Fraud

CPA Practice

From the Kiplinger Consumer News Service (via TNS). Employee retention credits have been in the news lately. The Department of Justice recently arrested a New Jersey tax preparer for allegedly seeking more than $124 million from the IRS. Treasury Department. The Treasury also disbursed at least $31.6

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The 10 Best Property Taxes By States in 2021: Move Here to Save Money!

LyfeAccounting

Now, Hawaii is one of the most beautiful places in the world, and this property tax rate is very affordable for homeowners. The effective property tax rate in Hawaii is just 0.28% which is basically nothing in comparison with N ew Jersey. New Jersey’s property taxes are about 2.5%

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The 10 States With the Lowest Property Taxes in 2021

LyfeAccounting

Now, Hawaii is one of the most beautiful places in the world, and this property tax rate is very affordable for homeowners. The effective property tax rate in Hawaii is just 0.28% which is basically nothing in comparison with N ew Jersey. New Jersey’s property taxes are about 2.5%