Vermont State Tax Updates

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PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking

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PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb.

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Vermont: Daring To Be Different, To The Surprise Of No One

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As anyone who has ever ventured to Vermont can affirm, it’s a very particular place for some very particular people. Despite being nearly geographically identical to its neighbor to the east , New Hampshire, Vermont is very much its own place. Store front businesses in Vermont ha ve done a bit better than in regional counterparts in three out of the four categories tracked, but then again, the region itself was fairly lagging behind the overall nation.

Sales Tax and Vitamins/Dietary Supplements

TaxConnex

The products are tax-exempt (more or less) in the District of Columbia, Florida, Maryland, Michigan, New Jersey, New York, Texas, Vermont, West Virginia and Wyoming. You won’t find too many more confusing sales tax scenarios than the one involving dietary supplements.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

The Vermont Department of Taxes has updated its guidance for remote workers. Anyone who is a non-resident but temporarily living and working in Vermont, has an obligation to pay Vermont income taxes on the income earned while living and performing work in Vermont.

State Sales and Use Tax Update

TaxConnex

In Vermont , three letters can mean a lot. There’s always something changing or new going on in the world of tax, especially sales tax. Here’s a review of some of the changes and updates that were announced in the last few months.

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Excise Tax versus Sales Tax

TaxConnex

Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland. Soon after you start dealing with states’ sales tax, you’re going to also run into another term: excise tax.

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Ten Lucrative Side Hustle Ideas for Big 4 Accountants

Going Concern

Those of you in California, Connecticut, Hawaii, Iowa, Maine, Massachusetts, Michigan, New York, Oregon, and Vermont should pay special attention to this part.

New Jersey Shore To Open Memorial Day Weekend

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Last week, a Vermont judge granted the state a temporary restraining order against Club Fitness of Vermont owner Sean Manovill who opened his gym despite Gov. Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach.

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

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A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

Ninth Circuit Rules That ERISA Does Not Preempt Seattle “Fair Share” Law

ThomsonReuters

The Ninth Circuit distinguished the Seattle ordinance from the Vermont law because the ordinance does not address a “fundamental” area of ERISA regulation such as reporting or disclosure. ERISA Indust. Comm. City of Seattle, 2021 WL 1035064 (9th Cir. 2021). Available at [link].

Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

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Over the last year, POWDR has been working to bring Square hardware, software and payments to its mountains, the release stated, including Boreal, Soda Springs and Woodward Tahoe in California; Copper Mountain and Eldora in Colorado; Killington, Vermont; Lee Canyon, Nevada; Mt.

American Airlines Offers Preflight COVID Tests For US Destinations

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States and territories that currently have COVID-19 travel restrictions include Alaska, Connecticut, District of Columbia, Chicago, Hawaii, Maine, Maryland, Massachusetts, New Hampshire, New York, Pennsylvania, Puerto Rico, Rhode Island and Vermont. American Airlines on Tuesday (Dec.

Last Labor Report Before Election Shows Drop In US Jobless Claims

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Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL). The previous week's revised level was upped 4,000 from 787,000 to 791,000. The seasonally adjusted insured unemployment rate dropped 0.5 percent from the previous week's revised rate to 5.3 percent for the week ending Oct. The previous week's rate was revised from 5.8

Uber Eats Updates Its App To Pay Tab While Dining In

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The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues.

Former FTC Commissioner To Head Up Microsoft Privacy Position

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In addition to Brill’s former government experience, Brill served in North Carolina and Vermont’s Department of Justice in their Consumer Protection and Antitrust divisions. To help button up its privacy offerings, Microsoft has made the decision to hire Julie Brill. As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010.

A List of the 10 Worst Property Taxes By States

LyfeAccounting

Vermont. Outside of Olivia Pope and Fitz moving to Vermont in Scandal, we don’t know too many people who live in Vermont. But if you love nature, mountains, land, and rural life, then maybe you’ll compromise paying higher property taxes because Vermont is drop-dead gorgeous.

New Uber Service Caters To Skiers, Snowboarders

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Paul, New Hampshire, Portland (Oregon and Maine), Salt Lake City, Seattle, Upstate New York, Vermont, Wilkes-Barre Scranton and Worcester. Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. Starting on Dec.

Wells River Savings Bank To Access TCH’s RTP Network

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12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc.

States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19

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State lawmakers in Vermont have set aside $75 million to help businesses, restaurants and resorts whose business has been ravaged by the pandemic, with grants of up to $300,000, the AP reported.

Tech Firms Want Moderation, Not Bans, On Facial Recognition

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Vermont Sen. Tech companies want to get ahead of the law when it comes to facial recognition , seeking to restrict its use but also making sure the most severe regulations don’t come to pass, according to The Wall Street Journal.

Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

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Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. “We’re Fiserv Inc.,

Democrats Want Probe Of Possible Uber-Grubhub Merger

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Fellow Democratic Senators Patrick Leahy of Vermont, Richard Blumenthal of Connecticut and Cory Booker of New Jersey also signed onto Klobuchar’s letter. Amy Klobuchar (D-Min.)

Brattleboro S&L Picks NCR To Streamline Its Digital Banking

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With NCR, the Vermont bank will consolidate three vendors that previously supported digital banking into one, simplifying back-office operations and increasing efficiency, the Atlanta-based NCR said.

Unemployment Filings Top 3.1M Across US

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The highest insured unemployment rates in the week ending April 18 were in Vermont (25.2), West Virginia (21.9), Michigan (21.7), Rhode Island (20.4), Nevada (19.9), Connecticut (18.7), Puerto Rico (17.9), Georgia (17.3), New York (17.2)

USDA?s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon

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Amazon customers can now use Supplemental Nutrient Assistance Program ( SNAP ) benefits in more states, according to a statement from the eCommerce giant.

Grubhub CEO Contends Richer Offer Won Out

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Amy Klobuchar of Minnesota, Cory Booker of New Jersey, Richard Blumenthal of Connecticut and Patrick Leahy of Vermont vowed last month to push for an antitrust review by the federal government if the deal went through.

Uber Eats Says Customers Donated $3M To Help Unemployed Workers

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The top five most generous states were Washington, Vermont, Montana, Connecticut and South Carolina, the report noted.

RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts

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The bank, based in Vermont, said the adoption of RTP is part of its commitment to connect its business and consumer clients to “the most modern payments infrastructure in the world,” with the adoption allowing corporates and individuals to access funds sent from around the world in near real time.

Apple Adds 12 Colleges To Contactless ID Program

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The new schools are University of San Francisco, University of Vermont, Arkansas State University, South Dakota State University, Norfolk State University, Louisburg College, University of North Alabama, Chowan University, Clemson University, Georgetown University, University of Tennessee and the University of Kentucky.

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

LyfeAccounting

Vermont – 8.75%. so if you are in a high-tax state like Vermont, New York, or New Jersey, it might be worth considering. US taxpayers pay over $1 trillion in state income taxes every year. But what if you could pay $0 in state taxes? It turns out that you can.

Last Week in Payroll: Backup Withholding

ThomsonReuters

Vermont has announced that the unemployment tax rates for employers beginning on July 1, 2021 are increasing. Backup Withholding. The IRS requires the payer of certain income payments to be reported on information returns (e.g., Form 1099-NEC , Nonemployee Compensation ).

Blue Apron, Grubhub Pair On Meal Kit Delivery

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Customers can also order add-on products from the company’s premium suppliers and partners, including Vermont Creamery cheeses, Irving Farm coffee, and a selection of broths from Brodo. If you live in New York City, you can now find Blue Apron on Grubhub. The meal kit delivery company announced that beginning this week, a rotating selection of meals will be available on-demand to customers in select areas in New York City on the Grubhub and Seamless online and mobile platforms.

Regional Banks Guide Corporates To Future-Proof Accounts Payable

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Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic.

Monopoly Goes Cashless, Now Accepts Apple Pay

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Apple Pay will lead to faster, more seamless rent payments on properties from Vermont Avenue to the Boardwalk.”. In an effort to introduce digital payment options for Monopoly players, Hasbro has added Apple Pay to its latest version of its popular board game. Players will be able to use their mobile wallets in the game’s latest iteration, which has been dubbed iMonopoly, Hasbro said in an announcement on April 1, 2018.

Last Week in Payroll: Repaying Deferred Social Security Taxes

ThomsonReuters

Vermont legislation r enders benefits paid due to the coronavirus (COVID-19) pandemic non-chargeable to employer unemployment tax accounts for benefits claimed in tax year 2020. Repaying Deferred Social Security Taxes .

ESG Payroll Spotlight: Just Transition for the Workforce Toward a Net-Zero World

ThomsonReuters

Vermont Climate Council. Initial Vermont Climate Action Plan. What’s at Stake. The aptly titled?

Do Grocery Stores Need Happy Hours?

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Food waste might be a uniquely American challenge, because many people in this country equate quantity with a bargain,” said Meredith Niles, an assistant professor in food systems and policy at the University of Vermont. While in many places, the “best” time of day for a trip to the grocery store is a matter for debate, for some shoppers in Finland, the answer is easy. It’s between 9 p.m.

Startup Secures $12.9M To Weed Out Corporate Hackers

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The Series B funding was led by Ascent Venture Partners, along with existing backers MassMutual Ventures,406 Ventures, Fairhaven Capital and the Vermont Center for Emerging Technologies. Investors have signaled some new support for enterprise security. based Pwnie Express announced a $12.9 million funding round, reports said on Wednesday (May 11).

How TJX Wants To Drive Growth With Sierra Trading Post

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The brick-and-mortar growth for STP has been ongoing since the acquisition with a focus on the chain’s original west-of-the-Rockies market, with two new stores in Denver and Fort Collins in 2014 and two more in Colorado Springs and Burlington, Vermont, in 2015. 2015 was a very good year for T.J.Maxx (TJX). The retailer caught the off-price wave perfectly, while its higher-priced department store competitors struggled in the doldrums of warm winter weather.

Sears Offers Online ‘LEASE IT’ Financing Program

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The standard lease term is as short as five months, with an early purchase option at 30, 60 or 90 days (not available in New Jersey, Vermont, Wisconsin or West Virginia). Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online.

Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

Vermont. The Vermont Department of Labor has posted on its website that an employer may mandate the vaccine as a condition of employment. Overview. The U.S.

2022 Minimum Wage and Overtime Salary Threshold Increases

ThomsonReuters

Vermont. A new year brings minimum wage increases in 21 states while Connecticut and Florida will increase their minimum wage rates later in the year. Minimum wage rates will also increase in many localities around the nation. .