Anders CPA

MAY 15, 2023

Below we dive into the state and unemployment tax responsibilities employers need to know. It’s important to remember an out-of-state employee will be considered an employee in the state in which they work , not the state in which the business is based or in which the employee lives.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

Going Concern

FEBRUARY 22, 2023

TL;DR Two guys and their accounting firm are accused of filing false tax returns and a touch of COVID relief fraud. 1 charging two Utah County men and an accounting firm with claiming an excess of $11 million in tax credits through a COVID-related fraud scheme. Read: A federal grand jury returned an indictment on Feb.

Utah 91

Utah accounting firms tax return Account 91

ThomsonReuters

JUNE 22, 2021

The following local income tax rates will increase on July 1: (1) Cridersville increases to 1.5% Beginning July 1, businesses must use the updated Form TC-69 (Utah State Business and Tax Registration). Form TC-69 is used to register for various tax licenses including the employer withholding license.

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payroll Virginia Utah West Virginia 72

CPA Practice

JANUARY 3, 2024

Taylor, Kiplinger Consumer News Service (TNS) As we venture into the new year, 2024 brings a wave of changes in state taxes across the country. From gas taxes to property tax amendments and income tax cuts, being aware of these changes is crucial since state and local taxes are among the highest taxes most people pay.

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Tax Kansas income tax Montana 128

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.

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Rhode Island Alaska Tax New Hampshire 105

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.

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Rhode Island Alaska Tax New Hampshire 111

TaxConnex

SEPTEMBER 7, 2023

Definitions For Federal income tax purposes, according to the IRS , tax-exempt organizations include: Charitable: Organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational or other specified purposes.

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Sales Tax Non-Profits North Carolina 147

ThomsonReuters

OCTOBER 20, 2020

The results of the Checkpoint Catalyst Survey of States’ Approach to Temporary Telecommuting survey show that the business tax consequences of COVID-19 telecommuting for companies large and small are unclear in most states. At issue in these circumstances is the concept of a tax nexus , or connection, with the state.

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South Dakota Sales Tax Rhode Island 40

TaxConnex

JANUARY 13, 2022

Scott Hutchinson is advocating for the elimination of both the Sales and Use Tax as well as the Personal Income Tax. Hutchinson has called the sales tax “no doubt regressive in its individually felt burden,” meaning that it hits those who make the least to the greatest degree. billion, an increase of $3.26

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Sales Utah Tax Wisconsin 197

CPA Practice

NOVEMBER 1, 2023

The oil and gas industry boosted the per capita incomes for residents of North and South Dakota. Mountain states such as Utah saw high earners moving in from California, Oregon and Texas. States where inflation-adjusted income declined included Alaska, where oil drilling has been in long-term decline, as well as Georgia and Maryland.

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North Dakota South Dakota Utah Connecticut 52

CPA Practice

JANUARY 23, 2023

Grocery taxes that remain are “there for a reason. They’re needed as part of the revenue system, or because [elected officials] would rather cut other taxes,” such as the income tax, Auxier said. Tennessee, which dropped its grocery sales tax from 5% to 4% in 2017, lifted the tax for a month last August.

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Idaho South Dakota Tax Kansas 111

CPA Practice

MAY 27, 2023

Utah Republican Mike Lee has already said he would do just that if he doesn’t like spending levels in the bill. McCarthy has said he’d abide by a 72-hour rule to allow lawmakers to review legislation and is planning a House vote on Wednesday. In the Senate, any one lawmaker can tie up legislation and force procedural votes.

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North Carolina Utah Start-ups income tax 52