Filed under: State Taxes, Tax Tips | Comment (0)
More than one dozen states across the U.S. now offer sales tax holidays, days where shoppers can stock up on essentials like clothing and school supplies without paying any extra to Uncle Sam. The programs are typically offered over a weekend, often in conjunction with the beginning of the school year. In southern states that [...]
Filed under: Filing Taxes, State Taxes, Tax News, Tax Tips | Comment (0)
That’s right, we’re giving away copies of TurboTax Deluxe Edition 2011 (valued at $69.95) to two lucky Facebook fans! How to Enter Entering is simple. All you have to do is go to the BTH Tax Blog Facebook page and click the “Like” button by February 29th. Contest Rules Anyone can enter between the dates [...]
Filed under: State Taxes, Tax Law Changes, Tax News, Tax Tips | Comment (1)
For as long as there have been taxes, there have been people who try to avoid paying them, which is certainly the case in California. However, the Franchise Tax Board (FTB) has been steadily improving its technology and reporting capabilities, so it is getting easier than ever for them to locate taxpayers who avoid or [...]
Filed under: Business Taxes, State Taxes, Tax Law Changes, Tax News, Tax Tips | Comment (1)
A new California tax collection requirement mandates that large out-of-state retailers, such as Amazon.com and Overstock.com, collect sales taxes on all online purchases made by customers in the state of California. The new legislation was signed by Gov. Jerry Brown on Wednesday and went into effect on Friday, July 1, 2011, coinciding with a nominal 1% decrease in state sales tax.
Filed under: Business Taxes, State Taxes, Tax News, Tax Tips | Comment (0)
About four times a year, the Tax Foundation publishes a paper to explore an economic issue explored by economists and scholars. The foundation is a nonprofit organization for public education, and has been in existence since 1937. The 2010 version of the State Business Tax Climate Index has been released to help lawmakers, business owners, [...]
Filed under: Filing Taxes, State Taxes, Tax Help, Tax Law Changes, Tax News | Comment (1)
Florida residents who have lingering unpaid Florida back taxes are now in luck. Beginning just one week ago on the first of July, 2010, and continuing on until September 30, the Florida tax amnesty period gives hope to those who have missed tax payments. The three month period offers taxpayers major perks, including reduced interest [...]
Filed under: Business Taxes, Filing Taxes, State Taxes, Tax Opinion | Comment (0)
Ronald Reagan once proposed eliminating the federal corporate income tax. That was in 1983 and the same issue has been brought back to the table; however it doesn’t seem like too many people are taking notice. What is the Deal With the Corporate Tax? Under the current tax regulations, corporate earnings are being taxed twice. [...]
Filed under: State Taxes, Tax Law Changes | Comment (0)
The state of Pennsylvania has extended to its taxpayers a limited time offer to resolve delinquent state taxes without fear of persecution. The 2010 Pennsylvania Tax Amnesty program is available from April 26, 2010 through June 18, 2010. This special period of amnesty is the result of Act 48 which was signed into law on October 9, 2009.
Filed under: Filing Taxes, State Taxes, Tax News | Comment (0)
For some, federal taxes are the bane of their existence. With ever-changing rules and the economy still struggling to get back up to par, taxpayers are undoubtedly outraged when they feel someone else isn’t holding up their end of the deal. Hard-working citizens who are shelling out tax dollars often gripe about those who are not contributing their fair share to the taxman. It’s easy to point the finger at the low income sector of society or those wealthy citizens who seem to receive unending tax breaks but things are not always as they appear at first glance.
Filed under: State Taxes, Tax Law Changes, Tax News | Comment (0)
This week, the State of Maryland will start their program “Maryland’s Tax Do Over” that will last from September 1st through October 30th, for Maryland taxpayers who did not pay or file their taxes as SB552 was approved by the governor on May 7th, 2009. The amnesty will cover penalties and 1/2 the interest attributed [...]