federal taxes Archive

TweetShareSharePin0 SharesAppealing Business Personal Property Tax Assessments in Texas “Collecting more taxes than is necessary is legalized robbery.” These words of wisdom, spoken by the 13th president of the United States, Calvin Coolidge, still ring true in today’s society for homeowners and business owners. Robbery may seem like a harsh word, but what would you

TweetShareSharePin0 Shares Senate passes the funding deal. The Senate passed the $1.5 trillion spending package, avoiding a government shutdown. Included in the bill: A 6 percent budget increase for the IRS. Taxpayer services would receive $225 million, up 9 percent from last year. Congress left a wide range of tax policy changes out of the

TweetShareSharePin0 Shares With gas prices soaring in March, Florida is preparing to give drivers a gas tax holiday—in October. A cynic might wonder why the gas tax holiday aligns so closely with election season (lawmakers cite other reasons), but in many respects, the timing is the least of the issues with Florida’s pending suspension of

TweetShareSharePin0 SharesBusiness Bankruptcy Insolvency of companies can brought about by huge debts, mismanagement and current economic trends. This is the underlying rationale for applying for business bankruptcy. Bankruptcy is a process by which businesses and individuals are given the chance under the federal court to get rid of debts or to repay debts under the

TweetShareSharePin0 Shares A spending package without pandemic relief. The House passed a $1.5 trillion omnibus spending package after pulling $15.6 billion in pandemic relief from the bill. The measure includes no tax provisions. The House also passed yet another temporary spending bill to keep the government running for another week. Without some action, the federal government will partially

TweetShareSharePin0 Shares The Nebraska Revenue Committee recently heard LB1264, a bill to modernize Nebraska’s tax structure by reducing income tax rates, repealing the inheritance tax, modernizing the sales tax base, and eliminating most incentives. These reforms, promoted by various Nebraska stakeholders through the Blueprint Nebraska initiative, would substantially improve tax structure and competitiveness. Once fully

TweetShareSharePin0 SharesWhat A Wholesale Supplier Expects From You – How To Ask For Distributor Accounts You wouldn’t think of going to a job interview unprepared—you’d never get called back. Yet many eBiz owners approach wholesalers and manufacturers without any preparation at all. You need to realize it costs a manufacturer time and money to set