TweetShareSharePin0 Shares Today the Supreme Court announced it will not resolve a key question of state taxation: Should income tax dollars support where you work or where you live? By declining to hear a dispute between two New England states, the court maintains the current rule of “it depends.” New Hampshire vs. Massachusetts involved Massachusetts’s
TweetShareSharePin0 Shares The Tax Cut and Jobs Act (TCJA) of 2017 created the most substantial changes in business taxation in decades. But in a new analysis, published in today’s issue of Tax Notes and cowritten with my Tax Policy Center colleague Claire Haldeman, we find that, while the law promoted efficiency by reducing the level
TweetShareSharePin0 Shares Threading the infrastructure needle. On Thursday, to keep progressive congressional Democrats happy, President Biden said he would not sign a $1 trillion infrastructure bill unless it is paired with a larger package of social spending. Republicans immediately objected, saying last week’s infrastructure agreement with a small bipartisan group of senators included no preconditions.
TweetShareSharePin0 SharesHow To Purchase An Annuity An annuity is a contract with an insurance company to make periodic payments for retirement income and sometimes other purposes. There are basically two types of annuities. Fixed Annuities A fixed annuity earns a guaranteed interest rate over a specific period of time. When this period of time expires
TweetShareSharePin0 SharesPayroll Outsourcing, Top 9 Reasons Do you want any of the following? Get the best in payroll processing for less. Deflect unwanted and unwarranted government interference. Protection from check fraud artists who could/would raid your bank account. Take advantage of Tax Credits that you may not even know exist.
TweetShareSharePin0 SharesMoney-Saving Tool Available For Real Estate Investors The recent housing market boom has resulted in a substantial rise in the number of new property investors. What new investors might not know is that investment property depreciation is the second most frequently missed deduction on federal income tax forms. But there’s help. A new service
TweetShareSharePin0 SharesWhat are IRAs? With all the three letter names floating around our society what is one more? Really? It’s not like we don’t have enough to worry about without adding this burden. However, when it comes to real life, these three letters will have a greater noticeable affect on people than many of the
TweetShareSharePin0 SharesPayroll Arkansas, Unique Aspects of Arkansas Payroll Law and Practice The Arkansas State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is: Department of Finance and Administration Revenue Division P.O. Box 9941 Little Rock, AR 72203-9941 501-682-2212 www.state.ar.us/dfa/taxes/wh_tax/index.html Arkansas requires that you use Arkansas form “AR4EC, Employee’s
TweetShareSharePin0 Shares Beginning in July, most families with children will receive up to $250 a month per child ($300 for children under 6). Those payments are advances of the Child Tax Credit (CTC), which was temporarily expanded in the American Rescue Plan (ARP). The CTC expansion and monthly advance payments should be extended past their
TweetShareSharePin0 Shares Biden signs on to the bipartisan infrastructure framework. After meeting with 5 Republican and 5 Democratic Senators, Biden announced his support for their $1.2 trillion spending plan on roads, bridges and other traditional infrastructure. The plan includes no tax increases, according to a White House fact sheet, but does include an unspecified amount