ThomsonReuters

APRIL 25, 2024

States with no income tax. Eight states do not impose a personal income tax, meaning retirement income from any source remains untaxed. These states include Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming. States with no tax on TSPs. However, property taxes can be high in some areas.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

JANUARY 29, 2024

It’s back to regular IRS deadlines this year, but with a new tool for many low- and moderate-income households: a service that will prepare and file their tax returns online for free. That sort of virtual hand-holding is similar to what you’d get by using commercial tax preparation software.

tax preparation 106

tax preparation tax return South Dakota Arizona 106

CPA Practice

MARCH 12, 2024

“Expanding Direct File as the tax deadline approaches will provide more taxpayers a way to file directly with the IRS for free, and it will give us more valuable information to assess this pilot.” As expected, Direct File has been met with resistance from tax-prep software providers like H&R Block and Intuit , which makes TurboTax.

South Dakota 109

South Dakota income tax tax return Arizona 109

CPA Practice

OCTOBER 17, 2023

According to the IRS, Arizona, California, Massachusetts, and New York have decided to work with the agency to integrate their state taxes into the Direct File pilot program for the 2024 filing season. In addition, the state of Washington agreed to join the integration effort for its application of the Working Families Tax Credit.

tax return 116

tax return Tax South Dakota tax preparation 116

Going Concern

DECEMBER 2, 2022

Las Vegas Tax Preparer Sentenced to Prison for Multiple Fraud Schemes [ Department of Justice ]. This one is a doozy: A Nevada man was sentenced Nov. 30 to 13 years and three months in prison for filing false tax returns, aggravated identity theft, wire fraud, money laundering and impersonating an FBI agent.

public accounting 93

public accounting audit Account accountant 93

LyfeAccounting

JULY 22, 2021

But on the other hand, if a lot of the people there are in poverty, they may not be able to afford those taxes. Because Nevada is extremely popular for tourism, it can afford to offer its residents very low property taxes. Nevada’s effective property tax rate is just 0.6% So how is this even possible?

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52

LyfeAccounting

JULY 22, 2021

But on the other hand, if a lot of the people there are in poverty, they may not be able to afford those taxes. Because Nevada is extremely popular for tourism, it can afford to offer its residents very low property taxes. Nevada’s effective property tax rate is just 0.6% So how is this even possible?

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52