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Monthly Archive:: July 2021

TAX

TweetShareSharePin0 Shares Posted by dunkindeez on 2012-08-08 00:48:32 Tagged: , nj , graffiti , tax TweetShareSharePin0 Shares

Don’t Write That Business Plan!

TweetShareSharePin0 SharesStop writing that business plan! You don’t need it. There are only two reasons to go through the hullabaloo of writing a business plan: To raise financing or to go on an ego trip. What else is there? Well, there are internal studies of all sorts, some with great diagrams and lots of verbiage.

Even Within States, Tax Treatment Differs by Industry

TweetShareSharePin0 Shares Businesses’ tax liability can differ markedly across states, and policymakers often pay attention to this competitive tax landscape. What is less often remarked upon, however, is the variation of tax treatment within a given state. Different industries and activities can face radically different tax burdens within the same state due to non-neutralities in

Tax Return Forms

TweetShareSharePin0 SharesTax Return Forms According to federal laws governing taxation, any person, receiving an income in one form or the other, need to pay income taxes to the government annually. But, the job of preparing tax returns, the calculations and the many tax forms involved, constitute one of the harrowing experiences being an honest tax

Will there be Unintended Consequences from the Supreme Court Decision in eBay v. MercExchange?

TweetShareSharePin0 SharesAlthough receiving most publicity as a possible step in the path of patent reform, the eBay v. MercExchange case may have altered the landscape in obtaining permanent injunctions generally, and thus may have unintended and unforeseen consequences in other areas of the law. From the unanimous opinion (Thomas, J.) in eBay v. MercExchange, 126

2021 State Income Tax Cuts

TweetShareSharePin0 Shares Trend: States Reform Income Taxes To Provide Relief And Remain Competitive Key Findings As states close their books for fiscal year 2021, many have much more revenue on hand than they anticipated last year. In 2021, 11 states have enacted laws to reduce their income tax rates, with 10 reducing individual income tax

Wealth Inequality Estimates Likely Overstated, New Research Suggests

TweetShareSharePin0 Shares Some of President Biden’s tax proposals, such as taxing unrealized capital gains at death, are specifically aimed at reducing wealth inequality. Indeed, it is commonly asserted that wealth inequality is too high and rapidly growing over time. However, new research from Federal Reserve Bank of Boston economists suggests wealth inequality has grown less
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