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

CPA Practice

MAY 10, 2024

Scott’s focus is primarily on state corporate income and franchise taxes, but he also has experience with state personal income taxes, sales and indirect taxes, and gross receipts taxes Smith is a member of the Tennessee Bar, Washington, D.C.

Tennessee 64

Tennessee audit New York income tax 64

CPA Practice

JANUARY 16, 2024

The deal would also allow families to use the previous year’s income to qualify for the relief, according to a summary of the package, which wasn’t yet introduced as legislative text. Tax writers plan to end the pandemic-era employee retention tax credit program early to cover the cost of the deal. All Rights Reserved.

tax planning 116

tax planning Tax New Jersey Ohio 116

CPA Practice

JUNE 20, 2023

That feature hasn’t been included in prior iterations of the bill, nor is it part of a Senate companion bill that also includes an expansion of earned-income tax credits for low-income workers. Sherrod Brown, D-Ohio, is the lead sponsor, and it has 40 co-sponsors including Finance Chair Ron Wyden, D-Ore.,

Tax 52

Tax Connecticut Ohio income tax 52