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States cut taxes on income, gas, propert...

Tax cuts are all the rage in 2022. Americans used to hearing complaints from politicians about budget deficits might be shocked to learn that many states are swimming in cash — and lawmakers want to share the wealth in reducing taxes on groceries, gas, income and more. According to an analysis by the nonpartisan public […]

Columbia tax issues come before voters A...

Missouri readers worth their salt are getting acquainted with April 5 local election topics as your sample ballots circulate. Besides candidates for city council and school boards, there are also some tax issues on the ballot. One is a school bond issue and another is internet sales tax for Boone County as a whole and […]

A gender-sensitive tax policy to promote...

Prianto Budi Saptono and Ismail Khozen (The Jakarta Post) Jakarta ● Mon 14 March 2022 2022-03-14 13:00 0 22dc95a23fb944820adae5904f3e3a97 4 Academia tax,gender,equality,Women,OECD,policy,benefit,VAT,SDG,UN,allowance Free The slogan “leave no one behind” represents the vision of the United Nations for its 2030 agenda, which was established in 2015. A country’s tax system can be one of the most […]

Senate finance chairman proposes removin...

A new proposal from the chairman of the Senate Finance Committee Ron WydenRonald (Ron) Lee WydenBiden should call for an end to normal trade relations with Russia. The IRS budget has been beefed up as the agency battles the backlog of tax returns. (D-Ore.) seeks to eliminate tax benefits for sanctioned Russians doing business in […]

Gas tax CT: 5 things to know

CONNECTICUT — Politicians on both sides of the aisle are exploring possible federal and state gasoline tax cuts to reduce the overall cost of gasoline. The average cost of a gallon of regular gasoline in Connecticut broke a record Wednesday and again Thursday, according to AAA. The statewide average cost was $4.475 a gallon as […]

DCCI proposes a corporate tax cut of 2.5...

The Dhaka Chamber of Commerce and Industry (DCCI) has proposed reducing corporate tax by 2.5 percentage points for listed and unlisted companies to help them boost their competitiveness in the Asian region. The DCCI presented a set of 40 recommendations for the next national budget for FY23 to the chairman of the National Board of […]

Proposed Roanoke County Budget Does Not ...

Roanoke County is proposing a budget of just over $218 million for the upcoming fiscal year. The proposed budget is up about 9% from this year’s, mostly due to inflation, according to County Administrator Richard Caywood. “Rapidly rising inflation has driven up the value of homes and personal assets across the country, boosting our incomes, […]

3 financial moves to make

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. If you are someone who earns a lot of money (for example, between six figures and […]

Andy Friedman: 9 Ways Advisors Can Prepa...

What do you want to know Higher inflation will take hold in the United States because of the Russian-Ukrainian war, Friedman says. He predicts that some of the tax increases from Biden’s Build Back Better plan will be signed into law and take effect in 2023. According to Andy Friedman, founder and director of The […]

Home Rich, Money Poor: How Utahns Cope W...

Cheryl Johnson has lived in the same house for 60 years. The original stucco structure sits directly on the ground without the benefit of a concrete foundation, and the property draws water from a well in the backyard. In contrast to the old-fashioned charm of the home, Johnson has seen its surroundings transform from a […]

Proposal Seeks to Modernize Nebraska’s T

Nebraskans with taxable income below $50,000 would pay no state income tax under a proposal heard Feb. 23 by the Revenue Committee. Senator Mike McDonnell “data-image-caption=” The senator. Mike McDonnell “data-medium-file=”http://update.legislature.ne.gov/wp-content/uploads/2017/01/SenMcDonnell_inline-200×300.jpg” data-large-file=”http://update.legislature .ne.gov/wp-content/uploads/2017/01/SenMcDonnell_inline.jpg” loading=”lazy” src=”http://update.legislature.ne.gov/wp-content/uploads/2017/01/xSenMcDonnell_inline -200×300.jpg.pagespeed.ic.7_tOR_4Q7_.jpg” alt=”Sen. Mike McDonnell” width=”200″ height=”300″ class=”size-medium wp-image-20153″ srcset=”http://update.legislature.ne.gov/wp-content/uploads/2017/01/ xSenMcDonnell_inline-200×300.jpg.pagespeed.ic.7_tOR_4Q7_.jpg 200w, http://update.legislature.ne.gov/wp-content/uploads/2017/01/xSenMcDonnell_inline.jpg.pagespeed.ic.zXD8dxIuSN.jpg 297w” sizes=”(max-width: 200px) 100vw, 200px”/>Senator Mike McDonnell Omaha […]

Michael Hiltzik: Don’t blame the IRS for

With tax season already underway — the filing deadline this year is April 18 — complaints about the Internal Revenue Service are already coming. We are not referring to complaints about taxes in general – those are still with us, after all – but to complaints about agency customer services. Issues such as how long […]

Local Governments Must Oppose Business P...

The city of Rome was the first locally, but it should not be the last. Last week, the small lakeside town in Noble County passed a resolution against proposed changes to state business property taxes. House Bill 1002, which passed the House on January 20 and is currently being considered by the Senate, would make […]

Funding for New York schools should be r...

When Governor Kathy Hochul announced a $1 billion property tax rebate during her State of the State address last month, the response must have pleased her: by presenting her proposed budget, two weeks later, she raised it to $2 billion. On Long Island, with a median residential property tax bill five times the national average, […]

Budget 2022: Residential property tax ra...

SINGAPORE – Property tax rates for residential properties will be increased in two stages, starting with the tax payable in 2023, with higher properties seeing larger increases. Finance Minister Lawrence Wong said Friday (February 18) that property tax rates for non-owner occupied residential properties – which include investment properties – will rise from 12% to […]

Cannabis tax cuts in California would hu...

LOS ANGELES — With California’s cannabis industry overtaxed and on the verge of collapse, child and youth advocates say cutting marijuana taxes could jeopardize much-needed social service programs. Small-scale cannabis growers and business owners have repeatedly called on the state to overhaul the industry’s tax system as they struggle to stay afloat with rising operating […]

Will the Iowa GOP flat tax plan spur gro...

CEDAR RAPIDS – Flattening state income tax rates and exempting retirement income would either lead to growing businesses and jobs and increasing Iowa’s wealth, or simply to the enrichment of Iowa’s wealthy, according to speakers at a public hearing on a tax plan set to be debated later this week. House Republicans are proposing a […]

How Boric’s New Social Contract in Chile

Chilean President-elect Gabriel Boric has no choice. The one whose election is probably the most important political event in the country since the 1988 referendum which restored democracy after the Pinochet dictatorship assured that if “Chile was the cradle of neoliberalism, it will also be its grave “. If he wants to keep his promise […]

The big problem? It’s the luxury tax, d

MLB lockdown: The big problem? It’s the luxury tax, dumb originally appeared on NBC Sports Chicago As if we didn’t already know what the biggest issue holding up a labor deal in baseball for the past 10 weeks has been, Commissioner Rob Manfred made it clear – if only unwittingly – during media comments Thursday. […]

Current capital gains tax is ‘too compli

The Center must review the country’s capital gains tax regime, which has become too complicated, Revenue Secretary Tarun Bajaj said on February 9. Speaking in a post-budget interaction with business leaders organized by industry body Confederation of Indian Industry (CII), the bureaucrat said the government would be open to some changes to rates and periods […]

Treasury wants to boost the US alcohol m...

Two largest brewers control 65% of the market Laws date back to the end of Prohibition in 1933 The Treasury will streamline tax reporting States urged to consider anti-competitive effects of laws WASHINGTON, Feb 9 (Reuters) – The U.S. Treasury Department on Wednesday raised concerns about the consolidation of the $250 billion U.S. alcohol market […]

VAT relief is the best way to fight infl...

The economic rebound from pandemic-related restrictions, as highlighted by the positive Treasury figures last week, is quite remarkable. It’s almost as if Ireland’s economy was designed to withstand the pandemic lockdown, with a focus on promoting industry that produces information and communications technology products and pharmaceuticals in high demand, along with a tax base that […]

Pakistan’s $1 billion IMF tranches lead

The now resumed The International Monetary Fund (IMF) program that revived Pakistan’s stalled program and released $1 billion tranches forced the federal government to impose a Rs. 160 billion tax on Pakistan’s working class by reducing the number of slabs. Pakistan has pledged to draft Personal Income Tax (PIT) legislation till the […]

Republican lawmakers and governor suppor...

CHARLESTON, SC (WCSC) – South Carolina currently has the highest income tax rate in the Southeast, but Republican leaders in the state House of Representatives and Gov. Henry McMaster are pushing to lower the top state tax rate. H.4880 would gradually reduce South Carolina’s top tax rate from 7% to 6% over the next five […]

Three things to do before tax season

Know clients’ marginal and effective tax rates With our progressive income tax system, many Canadians pay taxes at different rates. As income increases, the applicable tax rate also increases. The marginal tax rate applies to the last dollar of earned income. An Ontario client with total income of $93,000 and no deductions in 2021, for […]

Software company Hnry helps hold sole tr...

Picture: Henry Data published last year by the General Tax Inspectorate show that small businesses, which include sole traders, consistently accounted for more than 60% of the debt held by the Australian Taxation Office (ATO). In dollar terms, this represents A$21 billion of the total A$34 billion owed to the ATO at the end of […]

Modi Government’s 2022 Budget Crypto Tax

IIn her 2022 budget speech delivered on February 1, Finance Minister Nirmala Sitharaman announced that virtual digital assets, including cryptocurrencies, will be covered by a tax regime. Although the regime is new, the principles on which it is based and the problems likely to arise from its implementation are quite conventional. The first principle at […]

Can inflation affect your 2021 tax bill?

Over the last twelve months, the consumer price index has increased seven percent. This is one of the fastest price increases in decades, and many economists are concerned that inflation may not be the result of transitory effects of the economic recovery. As tax season begins, many may see the effects of inflation reflected in […]

Kim Reynolds’ tax proposal is neither fl

Peter Fisher is the Research Director of Common Good Iowa, a nonpartisan, nonprofit public policy research and advocacy organization. Iowa’s tax system is backwards: those with the lowest incomes pay a higher percentage of their income in state and local taxes than those at the top. The governor arrives with a “flat tax” proposal. What […]

Switzerland should consider the global m...

Global business tax expert Daniel Bunn argues that changing the income and property tax regime, not government subsidies, is a smart way to keep Switzerland attractive to multinationals in amid concerns about a global minimum corporate tax rate. This content was published on January 22, 2022 – 11:00 22 January 2022 – 11:00 Review by […]

Why the debt-versus-equity bias is hard ...

January 22, 2022 JIT MAKES US corporate finance rarely attract the attention of activists. It is even rarer that those at both ends of the political spectrum agree on the need for change. However, when it comes to the tax system’s preferential treatment for debt over equity, the left-leaning Tax Justice Network and the tax-conservative […]

International taxation in 2022: the year...

For tax authorities around the world, monitoring taxpayer disclosures and transparency will be a priority in 2022, which means taxpayers – especially high net worth individuals and corporations – should expect more scrutiny. thorough about their business. Governments are in a unique position as they face multiple demands and pressures. On the one hand, the […]

Probable tax savings option for three-ye...

Kumar said the effective threshold for the 30% tax rate could be raised from Rs 15 lakh to Rs 25 lakh for the new scheme. The government is considering a proposal to reduce the mandatory lock-up period for fixed deposits for tax-saving purposes in banks from the current five years to three years to make […]

North Bay gas tax tranche means money fo...

Municipalities that support transit services in their community receive two cents per liter of provincial gas tax revenue Next time you’re gassing up and cursing how much money it costs, think about the North Bay bus system. It may or may not soften the blow knowing that part of the tax that inflates the cost […]

The government could offer taxpayers inc...

NEW DELHI : The budget could sweeten the optional lower tax rate income tax regime with no exemptions it announced in 2020, with most people preferring to continue with the old regime. While a similar tax regime for corporate taxpayers has received good response, this has not been the case for individual taxpayers. The matter […]

Government tax plans will have bigger im...

The government plans to stick to the 20% tax bracket and the current tax relief for families which could be more important for low-income families than the proposed increase in National Insurance, according to leading tax and advisory firm, Blick Rothenberg. Robert Salter, the company’s tax director, said: “Jacob Rees-Mogg’s proposal to the government to […]

Flat tax: what is it, what will it mean ...

Iowa Governor Kim Reynolds delivers her state of the state address Tuesday before a joint session of the Iowa Legislature at the Statehouse in Des Moines. (AP Photo/Charlie Neibergall) DES MOINES — In four years, every income in Iowan would be taxed at 4% by the state under a new proposal from Gov. Kim Reynolds. […]

Ricketts of Nebraska seeks tax cut for h...

LINCOLN, Neb. (AP) — Nebraska Gov. Pete Ricketts on Thursday proposed an income tax cut for corporations and nearly 419,000 residents whose incomes reach the state’s top bracket. The Republican governor said he would seek to lower the top rates to 5.84%, from the current 6.84% for individuals and 7.25% for corporations due to take […]

3 Key Changes for K-12 Incremental Fundi...

Washington voters strongly support progressive policies, but the state’s school funding system is not progressive. Students from low-income backgrounds bear the brunt of this inequitable system. More Washington citizens need to understand the flaws in the state’s K-12 financial model and start advocating for change. In the parlance of education funding, a progressive public school […]

What effect would an income tax increase...

President Biden promised on the campaign trail that he would not raise taxes on anyone earning less than $400,000 a year. If taxes were to increase, it would correlate with a decrease in a person’s net income, which is what they bring in after taxes have been subtracted from their annual gross income. The impact […]

Give tax exemption to work-from-home exp...

In its 2022 pre-budget expectations, Deloitte suggested reducing the top tax rate from 30% to 25%. He also called for an increase in the threshold for the highest tax rate from Rs 10 lakh to Rs 20 lakh. Therefore, the highest proposed slab rate (including surcharge and royalty) may be reduced to 35.62 percent from […]

Tax reform efforts threaten investment

Tax reform efforts threaten investment Global push could affect Thai tax incentives Attempts by major economies to overhaul the global tax system could fight corporate tax evasion, but could also have an impact on Thai tax incentives granted by the Board of Investment (BoI), said the director general of the tax department. income, Ekniti Nitithanprapas. […]

Automobile tax brackets: everything you ...

Commonly referred to as “automobile tax” or “road tax”, the vehicle excise tax (VED) system is divided into two parts. The fiscal cost of a new car can range from £ 0 to £ 2,245 in the first year depending on its CO2 emissions, although the cap is set at £ 2,365 from April 2022. […]

Ricketts and lawmaker pledge to use exce...

LINCOLN, Neb. (AP) – Nebraska Gov. Pete Ricketts and a key legislative leader on Thursday pledged to cut taxes with the $ 412 million in excess revenue the state has collected over the past year. Ricketts and State Senator Lou Ann Linehan, another Republican, said they continue to see income and property tax cuts as […]

State seeks ways to avoid unemployment t...

Hawaii employers still trying to recover from the pandemic could face a dramatic increase in their unemployment taxes again unless lawmakers and Gov. David Ige’s administration come up with a solution in session legislative which begins later this month. The Department of Labor and Industrial Relations provided $ 6.5 billion in state and federal funds […]

Tax-efficient FD with an interest rate a...

The Tax Saving Fixed Deposit (FD) is one of the most popular tax saving instruments under Section 80C of the Income Tax Act 1961. Many people use this investment choice to save money on taxes because it is considered less risky than stocks. Who can invest? Under current tax laws, only Hindu individuals and undivided […]

Lawmakers fight to implement landmark gl...

It took eight years and eight months of intense negotiations for 137 countries to agree on the global tax deal they signed in October. Hailed as the most important international tax reform in a century, now comes the hardest part: implementing it. If this happens, governments around the world will earn an additional $ 150 […]

Gift and inheritance tax updates

Throughout 2021, Congress and the executive branch proposed changes to the tax code that, if ultimately passed, would have significantly altered various estate planning techniques. Some proposals would have sidelined a number of established estate planning strategies while others could have increased the frequency of use and usefulness of others. Some proposals would have reduced […]

Audit: Tax Appeals Firms Earned $ 500 Mi...

Tax appeals companies representing Nassau County homeowners have earned more than $ 500 million in fees after securing assessment cuts for clients in the eight years the county’s tax rolls were frozen , according to a new county audit obtained by Newsday. Comptroller Jack Schnirman’s 204-page audit of the Valuation Review Board, the Nassau body […]

Northeastern TN Counties See Huge Sales ...

JOHNSON CITY, Tennessee (WJHL) – Northeast Tennessee local sales tax revenues increased 20% in the last fiscal year and 15% in the first five months of fiscal 2022, the gains the most important coming from the more rural counties. State Representative David Hawk (R-Greeneville) said the strong rural growth is likely due to Tennessee becoming […]

Deferred tax rate increase on textiles

The federal indirect tax body, the Goods and Services Tax Council (GST), decided on Friday to suspend the decision to increase the tax rate on several items in the textile and clothing industry. clothing under pressure from companies. Finance Minister Nirmala Sitharaman said the GST Council had decided to maintain the status quo and not […]

New York Advisory Commission on Property...

December 29, 2021 Report recommends the biggest changes to New York City’s property tax system in 40 years NEW YORK – The New York City Advisory Commission on Property Tax Reform released its final report today with recommendations to create a simpler, clearer and fairer property tax system. The final report, titled “The Road to […]

Planning (tax) for HNWI – News

KPMG Cyprus Board Member Costas Markides talks about advising high net worth individuals The first time someone hears the phrase “tax planning”, the instant subliminal message that is perceived and understood by the human brain is none other than the deliberate minimization of taxes. This connection is inevitable and, in fairness, a hallmark of the […]

State income tax rate: highest, lowest, ...

Most of the 50 states and Washington, DC levy some sort of personal income tax. Nine states do not levy income tax at all, or only collect it on interest and dividend income from investments. States that assess income tax use either a flat rate or a progressive tax system. This article has been revised […]

End the tax law subsidy for corporate de...

Corporate tax debates mainly focus on “how much” and not “how”. The debate over recent corporate tax plans is no exception. Congress increases or decreases tax rates, but the structural imbalances that have built up in the US tax code because of the “how” are ignored. When Senator Kyrsten Sinema (D-Ariz.) Opposed any increase in […]

(Korea Herald EDITORIAL December 23)

Bias assistance-Although Moon has sworn political neutrality, the government supports Lee with policies- The Moon administration is actively responding to demands from Lee Jae-myung, the presidential candidate of the ruling Democratic Party of Korea, while pushing politicians to win the favor of voters. On the surface, the administration says it makes policies to meet the […]

Weber County, Sewer, and Firefighter Tax...

Ben Dorger, Standard Examiner file photo Officials from Weber Sewerage Improvement Central District, Weber Fire District and Weber County recently approved tax increases for 2022. Sewer District officials acted on Monday, December 20, 2021, while district and county fire officials acted on Dec. 14, 2021. File photo from May 21, 2020, shows Weber Fire District […]

Hempfield passes budget without raising ...

Hempfield property owners will continue to see stable tax rates after supervisors approved a budget of nearly $ 15.1 million that does not raise taxes for the 32nd year in a row. Supervisors unanimously voted to balance the budget on Monday, keeping property taxes at $ 3 million, a rate maintained since 1990. “We spend […]

Crosslake: Council approves tax levy and...

Crosslake City Council on Monday, December 13 approved the general income tax levy for 2022, which is slightly lower than this year’s number, and the 2022 budget. The total levy for 2022 is $ 4,467,112, which is $ 18,740 less than this year’s levy (an estimated decrease of 0.42%) and is the same as the […]

California cannabis companies ask Govern...

In a Boston Tea Party tax revolt on the West Coast, about 30 cannabis executives from across the state signed a letter on Friday asking the state to eliminate the tax paid by growers, to offer a three-year reprieve on point-of-sale transactions and open up more retail opportunities. The petition to California Governor Gavin Newsom, […]

Manassas Park sub-bills residents $ 70,0...

About 450 residents of Manassas Park received a property tax bill for less than they owed. Keystone, a company hired by the city to handle all of its financial transactions, from taxes, permits, and utility payments, undercharged property owners by an average of $ 156, resulting in a reduction of about $ 70,000 in taxes […]

Rwanda: Property tax payment deadline ex...

The Ministry of Finance and Economic Planning (MINECOFIN) has informed taxpayers owning taxable plots that the 2021 property tax will be paid using the same tax rates as 2020. The press release signed by the Minister of Finance and Economic Planning, Uzziel Ndagijimana, is based on the cabinet resolution of December 14, 2021. “The deadline […]

Tax bill would ban backdoor Roths and re...

One of the most lucrative tax loopholes for the rich probably only has two weeks to live, thanks to the bill released by the Senate on December 11. For less affluent investors, one version of the Advantage gets another decade of life. In 2022, the hatchet would fall on the ability of all investors to […]

Flights and taxes threaten Oakland’s sta

Once considered America’s cannabis capital, Oakland is at risk of losing that title in 2022. Legal cannabis companies, beset by relentless waves of crime and a hands-off approach from city hall, are running out of patience. Some have already left town. Others think initially. Some who have already considered relocating to Oakland have decided not […]

Complex tax system is the main reason fo...

Bangalore: A complex and hostile capital gains tax system is one of the main reasons many Indian start-ups have relocated their headquarters outside India, according to a direct tax administration report released by the Bangalore Chamber of Commerce and Industry (BCIC). India has experienced fundamental reforms in the capital markets over the past decade. Our […]

Tax Law Changes Proposed for the $ 1 Bil...

ISLAMABAD: With an annual revenue impact of over 350 billion rupees, the Federal Board of Revenue (FBR) seeks to amend the three main tax laws relating to customs, sales tax and income tax , in addition to the Federal Capital Services Tax Act. to meet the “preconditions” of the International Monetary Fund (IMF) and secure […]

Colin McNickle: advice for the new mayor...

Ed Gainey becomes the 57th mayor of Pittsburgh next month. And in keeping with the Allegheny Institute’s long-standing custom, he compiled a list of recommendations for the new city leader and, by extension, Pittsburgh City Council. As the city emerged from its distressed status and oversight, solved its underfunded pension plans using a large chunk […]

Mountain View plans to tax hotels to pay...

Although wording for the proposed ballot has yet to be drafted, the city tentatively plans to spend additional tax revenue for hotels on a wide range of sustainability efforts totaling more than $ 7 million over three years. The list includes zero waste policies, greenhouse gas reduction measures and efforts to expand bicycle use. The […]

SUPERVISOR HANNA ANNOUNCES RENEWAL OF FI...

December 9, 2021 New 5-year agreements fund local fire and ambulance services City Supervisor Ciaran Hanna announced today that the town of Perinton has renewed five-year contracts for fire protection and emergency ambulance services in the town of Perinton. Renewed contracts include the Bushnell Basin Fire Department, the Egyptian Association of Fire Fighters, the Fairport […]

Seychelles to change corporate tax rates...

The government of Seychelles plans to reduce its corporate tax rates from January 2022 and is working on other international and trade tax reforms, which were announced in the National budget delivered on November 12. Transfer pricing and international reforms The finance minister said in his budget speech that the Seychelles government is working with […]

Arkansas Tax Cuts: Arkansas Tax Reform

Faced not only with immediate surpluses, but the expectation of sustained income growth in the years to come, Arkansas policymakers have chosen to return some of the additional income to taxpayers in the form of rate cuts. personal and corporate tax, with further rate cuts if future income permits. Anytime a state has a short-term […]

AFT takes the lead to increase national ...

President of the teachers’ union Randi Weingarten | J. Scott Applewhite / AP WASHINGTON (PAI) – With Democratic President Joe Biden’s Build Back Better law still on hold in the Senate, teachers (AFT) have taken the lead in pushing one thing: a larger personal income tax deduction for national and local tax payments (SALT). “We […]

29% of additional investors have access ...

Over the past five years, there has been some very good news for retirement savings. According to a recent study by loyalty, there has been a 29% increase in the number of employers offering Roth 401 (k) plans during this period. Roth 401 (k) accounts have significant advantages over other types of retirement accounts. And, […]

Limit of section 80C of Rs 1.5 lakh exha...

Many taxpayers use up the Rs 1.5 lakh limit under section 80C and still want to save more taxes. The deadline for saving tax for the 2021-2022 fiscal year is March 31, 2022. With a little over three months from the end of your tax planning exercise for the 2022-2023 tax year, you should try […]

Rinse the money, states plan big tax cut...

SAN DIEGO – State lawmakers preparing to convene legislative sessions in the New Year face a different scenario than what they, or most of their predecessors, experienced: Budgets teeming with money. liquidity after a year of record surpluses. The influx of new money, fueled by a rapid economic recovery from the coronavirus pandemic and billions […]

COVID-19 relief funds fuel employer tax ...

The $ 350 billion in federal tax relief to state and local governments under the US Rescue Plan (ARP) has given states an unprecedented opportunity to provide emergency housing, nutrition, life support services. health and others programs and benefits designed to help workers and communities cope with the economic shocks of the pandemic. But some […]

Charitable donations offer a special way...

Charitable giving during the holiday season this year takes on a happier new meaning when it comes to tax deductions. Typically, most people are not able to get tax relief when they donate to a charity if they claim the standard deduction on their federal income tax returns. And nearly 9 out of 10 taxpayers […]

Global Fiscal Compact Pushes Accounting ...

The new agreement of 137 countries aimed at reforming global taxation could increase the pressure on certain groups which have nothing to do with it, the panels which set the accounting rules for companies. The agreement uses a company’s income as measured by accounting rules, which is often different from its taxable income, as a […]