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Professionals on the Move – Nov. 2023

CPA Practice

With more than 20 years of brand-building and marketing experience, Ball brings a deep understanding of the small business accounting landscape and will ensure Bookkeep’s solutions align with the urgent needs of bookkeepers and finance teams. in Accounting from the University of Texas at Dallas.

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Tax-Free States? Pay No Income Tax in These 9 Tax-Friendly States!

LyfeAccounting

Texas is second on UHaul’s list for migration growth. And to no surprise, Texas, like Tennessee, does not collect any sales tax whatsoever. Now, where Texas is different from Tennessee is that it has a significantly higher property tax rate. appeared first on Small Business Accounting & Finance Blog.

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A List of the 10 Worst Property Taxes By States

LyfeAccounting

They say everything is bigger in Texas, and so are its property taxes. Yet, millions of people are moving to Texas. Well, although Texas has one of the highest property taxes in the country, it has one of the lowest income taxes. So maybe the higher property tax is due to its very low home values. So what’s going on?

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10 Tips on How To Avoid Paying Taxes in 2022 Legally

LyfeAccounting

And there are other states that have no state income taxes such as Florida and Texas just to name a couple. This is probably why there has also been a lot of people moving from California to Texas. The post 10 Tips on How To Avoid Paying Taxes in 2022 Legally appeared first on Small Business Accounting & Finance Blog.

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

LyfeAccounting

That’s 11 times more than other states like F lorida and Texas who virtually have no income tax at all. appeared first on Small Business Accounting & Finance Blog. Hawaii’s mediated home value is $615, 000 making it much more expensive than any state in the United States. Simply contact us to get started.

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The 10 States With the Lowest Property Taxes in 2021

LyfeAccounting

That’s 11 times more than other states like F lorida and Texas who virtually have no income tax at all. The post The 10 States With the Lowest Property Taxes in 2021 appeared first on Small Business Accounting & Finance Blog. Hawaii also has the second-highest income tax in the country coming in at 11%.

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Tax Benefits of S-Corporation: How Does a S-Corp Save Taxes?

LyfeAccounting

If you plan to re-invest most of the profits back into your business, leaving very minimal profit, S-Corp status likely does not make sense. #3: States such as New Hampshire, Tennessee, and Texas ignore S-corporation status and tax them as C-corporations. appeared first on Small Business Accounting & Finance Blog.

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