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| The Tax Reform Bill Will Raise Interest Rates. Good or Bad? Interest rates are likely to increase following enactment of the recent tax reform bill (Tax Cuts and Jobs Act). Rising interest rates stemming directly from the growth provisions of the tax reform bill would be a positive sign that the tax cut is working to encourage capital formation, and should not be cause ... President Donald J. Trump's Tax Reform is Delivering for all Americans - Whitehouse.gov (press release)
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| Grand Rapids: Amazon tax incentives could have totaled up to $2B By far the greatest share of the potential incentives in Grand Rapids offer stemmed from personal and property tax abatement under Michigan's Renaissance Zone program. About 90% of the roughly $2 billion in tax savings Amazon could have reaped in Grand Rapids stemmed from that program alone.
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Houston woman plans to file lawsuit against tax preparer HOUSTON - A Houston woman plans to sue a tax preparer whom she claims falsified her tax return which now has her in hot water with the IRS. Alejandra Diaz claims the preparer falsified her 2015 tax return which has the IRS telling Diaz she owes them $7,000.
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| Sky-high tax scheme "The purpose of the tax structure is to drastically minimise the tax exposure of the company and pay as little as possible, which the company has successfully achieved," says Alexander Ezenagu, an international tax researcher with the International Centre for Tax & Development, who analysed Intelsat's ...
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| EU criticizes 'aggressive' tax practices of 7 member states The European Commission criticized seven member states Wednesday for "aggressive" tax policies designed to undercut others in the race to lure multinational companies, a censure that prompted a sharp rebuke from the leader of one of the countries named. The European Union's executive branch ...
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Exxon CEO: Trump tariffs move us 'in the opposite direction' from tax cut and deregulation benefits President Donald Trump's tariff plan could undo some of the "positive steps" that businesses experienced from the GOP corporate tax cut and deregulation, Exxon Mobil Chairman and CEO Darren Woods told CNBC. Exxon's long-range investment plans, such as last year's announcement to spend $20 ...
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| Democrats to unveil $1 trillion infrastructure plan, seek reversal of GOP tax cuts to finance it As the White House struggles to finance an ambitious infrastructure plan, Senate Democrats are proposing one alternative - albeit one unlikely to pass muster with President Donald Trump: rolling back the recently passed Republican tax overhaul. The proposal to be unveiled by Democratic leaders ...
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| How Do Estate And Inheritance Taxes Affect Entrepreneurs? A new paper and brief explore how estate and inheritance taxes (or wealth transfer taxes) affect entrepreneurs and would-be entrepreneurs. ... Efforts to repeal the "death tax"—or to slash the number of taxpayers subject to the estate tax, as recent federal legislation has done—appeal to concerns about ...
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| Harvard, MIT, other universities urge repeal of endowment tax Nearly 50 college and university presidents are urging federal lawmakers to repeal the endowment tax that the Republican-controlled Congress passed last year. Presidents from schools including Harvard University, Amherst College, MIT, and Wellesley College repeated their calls for a reconsideration ...
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| For One University President, Wealthy Schools' Tax Complaints Ring Hollow Ever since Republicans in Congress proposed a 1.4 percent tax on endowment revenue for the nation's wealthiest colleges and universities, school leaders have cried foul, saying it will limit their ability to provide financial aid. Now that tax is law, but those leaders haven't given up the fight.
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| Does The First-Time Homebuyer Buyer Tax Credit Still Exist? What Are My Options? One of the questions I am often asked is about the First-Time Homebuyer tax credit. What is it? Is it still available? And, of course, what can would-be buyers do to get their hands on some targeted assistance? Unfortunately, the answer is not quite as cut and dry as some would hope. To clear up the ...
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Pennsylvania Revenue chief explains the state's new online sales tax law Companies that make at least $10,000 worth of online sales have to register with the Revenue Department for how they will handle sales tax. They have the option of collecting and remitting sales taxes at the point of sale and then making monthly payment transfers to the state. Or they can opt to send ...
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| Business Groups Say Now's the Time to Increase Gas Tax for Roads House Speaker Paul Ryan on Wednesday ruled out a gas tax increase in a telephone town hall hosted by the conservative group Americans for Prosperity. "We're not going to raise gas taxes so I don't foresee that as a problem," Ryan said when he was asked what were the biggest threats to economic ... Gas tax increase is debated after White House turns to Congress for infrastructure help - Washington Post
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| Gary Cohn sacrificed his reputation and dignity to get tax cuts for his rich friends Sure, he got a tax cut out of it. Sticking around to get tax cuts right is the story he told friends and told himself, and it's a good story. He sucked a $1 trillion hole in the budget and handed the results of it to some of the richest citizens on the planet, converting ordinary misery-mitigating government dollars ...
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| Senate Passes One-Time Statewide Property Tax Cut Senate Passes One-Time Statewide Property Tax Cut. The Senate has passed a statewide property tax cut over the objections of minority Republicans who argued that Democrats improperly paid for it by redirecting revenue that would normally go to emergency reserves. March 7, 2018, at 10:23 p.m..
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| Do your own taxes 2018 If you take control of your own destiny, you'll want to explore the marketplace of online tax prep tools. The good news is that the 2018 versions of these services, collectively, are relatively affordable, reliable and easy to use. And, bonus: depending on your financial situation, you may be able to use one ...
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| Why did Des Moines sales tax fail? 'People are sick and tired of being taxed.' The Republican legislator represents parts of Grimes, Johnston and Urbandale, all of which voted against the tax increase. E.J. Giovannetti, who was mayor of Urbandale for 20 years and later a Polk County supervisor, said vote totals show "the public understands there's a need for this tax in Des ...
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| Democrats rebuke Pelosi for calling tax bonuses "crumbs" In a rare rebuke of their party leader, at least five Democrats have gone on the record to say House Minority Leader Nancy Pelosi's latest line targeting the GOP tax cuts is not an effective messaging strategy. Pelosi has repeatedly described the bonuses companies are doling out as a result of the plan as ...
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| Support for Tax Overhaul Rising, but Law Remains Unpopular 26-March 4 Gallup poll, the first taken after many organizations began to lower income tax withholding in worker paychecks. Trump touted the law in his Jan. 30 State of the Union address, and leaders in both parties have made the tax cuts an issue in this midterm election year. While these events may ...
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| Canary Islands minister calls on EU to scrap 'tax on women' "Women from the Canary Islands probably won't notice [the savings] but overall it will be about €20 million euros in tax benefit that we will give back to them." Rules governing VAT on goods and services are set by the European Commission in Brussels and all 28 member states must adhere to them.
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| Here's how to pull off a tiny tax rate when you earn $100000 in retirement The standard deduction. In the tax code, everyone receives a "free pass" known as the standard deduction. For married couples in 2018, $24,000 of income is tax-free, no matter how high their total income. In fact, once you turn 65, you're eligible for an even higher standard deduction. That's the first leg ...
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| Drivers would pay tax on miles traveled under lawmaker's plan Drivers could pay a tax based on how many miles their vehicles travel under a plan being pushed by Missouri Rep. Sam Graves, who's vying to become the powerful new chairman of the House Transportation Committee. While exact plans for such a tax remain vague, the fees could be calculated based ...
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| Maine Tax Conformity Bill a Step Toward Better Policy The Tax Cuts and Jobs Act didn't end the debate on tax reform – it's shifted the discussion to state capitols across the country, and Maine Governor Paul LePage (R) is joining the conversation. Governor LePage has put forth a comprehensive tax bill that cuts taxes by $111 million over the next two years ...
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| Assembly votes down bed tax, puts stock in sales tax increase The Kenai Peninsula Borough Assembly, once again, took up the topic of new taxes Tuesday in order to fill the roughly $4 million fiscal gap it's facing going into budget season. The assembly had two tax items on its agenda, a bed tax, which it declined to send to voters, and a sales tax increase, which ...
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| Call for action over queues at tax office 'I was in the Income Tax Department itself a couple of weeks ago and so experienced the delay myself,' she said. 'I became aware from talking to other members of the public that some people had been waiting for over an hour. 'I think it's unacceptable that people are being made to wait such a long time ...
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CFO Survey: Firms Slow to Adopt Fintech; Tax Reform Boosts CFO Optimism Also, more than 40 percent of U.S. companies say they plan to boost wages and 38 percent will increase hiring in 2018 because of recent tax reform, according to results of the Duke University/CFO Global Business Outlook. The survey's CFO Optimism Index – now at an all-time high -- is an accurate ...
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| Maine retailers back lawsuit for collection of online sales tax The association filed a "friend of the court" brief in support of South Dakota in the lawsuit being heard by the U.S. Supreme Court. The state passed a law in 2016 requiring sales taxes be collected on state residents' internet purchases, but several online retailers, including Wayfair and Overstock.com, ...
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Young Pennsylvania Mom Fatally Shot For Her Tax Refund For many, tax season comes with a much-needed windfall of cash. But for one Pennsylvania woman, her refund may have led to her death. According to police, Keiauna Davis, 27, was planning a birthday party for her 3-year-old daughter when she was fatally shot in a robbery attempt by a group aiming ...
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| Macroeconomic effects of the 2017 tax reform This paper uses a cost of capital framework to analyze the long-run steady state and transition path for GDP as a result of the 2017 tax law. For the law as written, the long-run increase in corporate productivity would be 2.5 percent, which translates into a 0.4 percent increase in GDP after ten years—or ...
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| Vice president touts GOP tax overhaul in Kentucky visit The crowd listened to a panel discussion with, from th eleft; Daniel Harrison with Country Boy Brewing, Bill Quigg with More Than A Bakery, Congressman Andy Barr, Ian Boccaccio with Ryan, during the fifth in a series of tax policy events hosted by America First Policies held Wednesday, March 7, 2018, ...
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| Vancouver declares 5% of homes empty and liable for new tax Thousands of homes in Vancouver have been declared unused and liable for a new empty homes tax as part of a government attempt to tackle skyrocketing home prices and soaring rents. About 4.6% or 8,481 homes in the western Canadian city stood empty or underutilised for more than 180 days in ...
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| Tax Cut Ads Preview Midterm Elections Ahead The Tax Cuts and Jobs Act — a Republican-crafted tax bill that President Donald Trump signed into law on Dec. 22 — is emerging as one of the major issues of the 2018 midterm congressional elections. Both parties are using the tax law to attack each other, and they're stretching the facts in the process ...
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| New tax bill could funnel millions into localities' discretionary budgets While Democratic Governor Ralph Northam has until April 9 to sign State Senate Majority Leader Thomas Norment Jr.'s sales tax bill, local leaders are already looking at the financial impacts the tax increase would have. If signed by Northam, the bill submitted by Norment, R-James City County, will raise ...
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| Berrios firm's lobbying client gets big tax break from his assessor's office The action shaved about $370,000 off the factory's 2017 property tax bill. And the value of the break could potentially be worth hundreds of thousands of dollars more. Records show the warehouse was under contract to sell for double the value that Berrios' office assigned, despite the legal requirement ...
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| Hundreds urge Iowa lawmakers to reconsider proposed tax increase on credit unions Hundreds of credit union advocates descended on the Iowa Capitol on Wednesday to rip legislative leaders for advancing "a hidden backdoor tax on 600,000 Iowans" as part of their tax reform efforts. "Credit unions across our state are building relationships with under-served markets, with immigrants, ...
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| Committee supports extending Pine Tree Zone tax havens until 2021 A bill that extends the life of a sometimes controversial program that has created hundreds of reduced-tax havens for business in Maine is gaining traction in the Legislature. The measure, which keeps Pine Tree Development Zones in place for at least the next three years, was approved by the Labor ...
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| Tax Law Will Benefit US P/C Insurers, Says Moody's The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates. The Trump tax reform will also make U.S. insurers more competitive with their global counterparts, ...
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| SC Supreme Court halts Richland County Penny Tax spending, citing misuse The state Supreme Court on Wednesday questioned "dubious spending" in Richland County's transportation penny sales tax program and ordered a halt to further spending until the county ensures the money is being spent legally. The court said the county "woefully failed" to recognize how the money ...
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| Montana beer brewers worry aluminum tariff would wipe out bump from tax cuts "It would be about a third of the savings we would see," said Smith, who expects a $15,000 drop in his federal tax bill from the tax bill passed in Congress. The bill halved ... Steve Daines recently toured breweries across Montana, and on Tuesday suggested such tariffs could be a kind of tax. "While we're ...
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| How the government can pay for its proposed company tax cuts There are ways the government can pay for a cut in the company tax rate. In a recent working paper, we worked with researcher Chris Murphy to model three different options: reforming Australia's system of giving shareholders tax credits, allowing less tax deductions on interest for companies, and ...
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Should we tax marijuana sales up to 10 percent? SLO County voters will decide If approved, the "Erb tax" could take effect on July 1. Supervisors propose a 4 percent sales tax on gross receipts from marijuana businesses that will increase 2 percent every year to a maximum of 10 percent. Testing labs would be exempt from the tax, and the board would have discretion to tax various ...
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| Costco says extra profit from tax cuts will be shared with employees Many retailers have announced plans to spend their tax-cut windfalls on one-time employee bonuses or more enduring wage increases. As retail pay is boosted, Costco intends to keep compensation for its more than 239,000 workers ahead of the pack, executives said Wednesday as the company ...
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| Tax benefit bolsters Costco profit Costco's quarterly earnings sailed past analysts' estimates on Wednesday thanks to a boost from US tax reform. For the quarter ending February 18, the US-based wholesale retailer said that sales grew 10.8 per cent year-over-year to $32.8bn, edging just past analysts' expectations for sales of $32.7bn.
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| Homeowner's tax assessment will drop $800000 after court deems backyard trees agriculture Plant the right kinds of trees in your backyard and you could save oodles on your property tax bill, after the state Court of Appeals ruled Wednesday in favor of a Town of Delafield resident. The court reversed a Board of Review decision that Peter Ogden no longer qualified for an agricultural classification ...
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| States Propose Voluntary Taxes To Circumvent Federal Property Tax Reforms States with lots of expensive real estate are not happy about the Trump administration's new tax plan. The situation has gotten so tense that governors in New York, New Jersey, and Connecticut have actually formed a coalition to sue the federal government, suggesting that the lower caps on mortgage ...
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| GM CEO Pushes for Renewed Tax Breaks on Electric Vehicles GM is expanding production of the Bolt, but it will soon hit a sales cap that triggers the gradual expiration of the incentive for individual car companies that have sold 200,000 electric cars since the credit's inception in 2009. Ms. Barra will call for an "expanded" tax credit at the CERAWeek conference in ...
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| The Tax Bill's Accidental Attack on Small Farmers Therefore, Washington needs to quickly fix an unintended loophole in the new tax law. The reform's goal, in part, was to scrap superfluous deductions and thereby simplify the tax code. But while trying to preserve a tax break for farmer-owned cooperatives, Congress accidentally birthed a loophole that ...
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| Owner of Gretna tax business get 2.5 year sentence for tax fraud The owner of a Gretna tax preparation business was sentenced Wednesday (March 7) to 30 months in prison and ordered to pay over $180,000 in restitution to the IRS in connection to the federal tax fraud charges she pleaded guilty to in November. Joyce Gaines, 63 of Harvey, was the owner of Tax ...
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| 'We were too greedy on tax', says minister Last week retailer Gerald Voisin, who owns Voisin's department store, claimed that firms are losing confidence in the government following the introduction of the new retail tax and the increase in Vehicle Emissions Duty. He claimed that both were approved in last November's budget for 2018 with little ...
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| Report: Trump tax cut to cost many Bay Area homeowners 6-figures in mortgage deductions San Francisco, Seattle and other left-leaning, high-cost-of-living cities will feel a kick in the wallet from President Donald Trump's tax plan. A new study suggests the Bay Area will feel the biggest pinch of the "Trump tax cut," though other elements of the law may reduce the overall sting. The tax plan does ...
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| Sales & Use Tax Due Dates Monthly, Quarterly, or Annual Sales Period, Monthly Return & Remittance due on or before, EFT Remittance due on or before *. January 2018, 2/20/2018, 2/20/2018. February 2018, 3/20/2018, 3/20/2018. March 2018, 4/20/2018, 4/20/2018. 1st Quarter 2018, 4/20/2018, 4/20/2018. April 2018, 5/22/2018 ...
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| Louisiana Woman Pleads Guilty to Tax Evasion The former employee of a New Orleans law firm pleaded guilty today to tax evasion, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department's Tax Division and Interim U.S. Attorney Duane A. Evans for the Eastern District of Louisiana. According to court ...
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| NYT Creates Fictional Couple Supposedly Hurt By Trump's Tax Plan. There's Only One Problem Last week, The New York Times ran a shocking story about holes in the new Trump tax law. The Times explained that for some couples, the new tax law could mean increased taxes:
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| Trump to talk tax cuts with Hispanic business owners President Trump to speak at Latino Coalition Summit.
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| Delinquent Tax FAQ What does it mean that my property is in forfeiture? Does that mean I lose my property? If I don't pay my taxes will I really lose my house and property? What is a delinquent tax? When and where do I pay my summer property taxes? When and where do I pay my winter property taxes? What happens after ...
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| Gary Cohn resigns from Trump White House after tax cuts, tariffs The trade war just has a way more imminent and more easily communicated set of negatives. The tax cuts have a very diverse set of changed incentives and mid term negative impacts. The real effect will kick in when the Republicans return to caring about the deficit and who they will make pay for it.
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| EU: Aggressive tax planning Economic evidence of the relevance of aggressive tax planning structures for all EU Member States.
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| Tax withholding update USPS wants you to know about recent updates to Form W-4 and the Internal Revenue Service's online withholding calculator. Last week, the IRS released a new version of Form W-4, Employee's Withholding Allowance Certificate, which is used to determine an employee's federal income tax withholding ...
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| Staff Michael W Perkins, E.A. - mike@larrisonstax.com Carissa Taylor, E.A. - carissa@larrisonstax.com Cari Stultz, E.A. - cari@larrisonstax.com Billy...
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| Council tax - paperless billing Council tax bills via e-mail. Paperless billing means you can stop receiving a paper bill and start receiving your bill by e-mail. . If you sign up for Direct Debit online you will automatically receive bills by e-mail. To do this you will need your Council Tax customer reference number, your bank's sort code ...
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| Arizona Solar Rebates and Incentives Thanks to the Solar Equipment Sales Tax Exemption, you are free from the burden of any Arizona solar tax. Therefore, you aren't required to pay any sales tax on the purchase of your solar system. Similarly, the Energy Equipment Property Tax Exemption means you won't have to pay any additional ...
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| Tax topic However, this new tax rate adjusts based on the county you live in. com/igmr/topic/anyone-else/ Get the latest news, analysis and video updates on Tax Credits from MarketWatch Basics & Beyond provides continuing professional education with Income Tax Seminars for CPE credit via the National ...
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| Book to tax reconciliation C. accounting guidelines and taxable income is based on the U. tax code. Data Release. T What is the difference between book depreciation and tax The book depreciation expense is the amount recorded on the "books" and Bank Reconciliation ; 15. Enter the tax reconciliation amount from the ...
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| Additional medical expenses tax credit 2017 5% of AGI. If your AGI . 98% of the tax amount (minimum charge with all credit cards of $2. There is also a tax credit for additional medical expenses. 2017 2016 1 Mar 2017 The refundable credit is 25% of medical expenses that qualify for the regular medical expense tax credit, up to a stated maximum.
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| Despite Major Progress, Identity Theft Still on IRS 'Dirty Dozen' Tax Scams List IR-2018-42, Mar. 7, 2018. WASHINGTON — Even though reports of tax-related identity theft have declined markedly in recent years, the Internal Revenue Service warns that this practice is still widespread and remains serious enough to earn a spot on the agency's annual "Dirty Dozen" list of tax scams.
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| Best Buy 3-day Tax Sale: 9.7-inch iPad $250, Powerbeats3 $105, Macs, TVs, more Tax day is upon us, and Best Buy is celebrating with a 3-day Tax Time Tech Sale. Now through Saturday, you can grab some of the hottest deals of the year on Apple iPads, TVs, home audio and more. Free shipping is available on orders of $35+ or you can opt for in-store pickup and get your gear this ...
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| Changes in Life Lead to Change in Your Taxes Life changes, both good and bad, usually mean tax changes. When something significant happens, it's a good idea think about your taxes to make sure to handle the new situation properly and get all the possible tax benefits. Here are just a few life changes and the ways they could impact the tax return.
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| Tax Changes At Habitat Wake, we are always up for a challenge and that's a good thing since providing homeownership to families earning less than 60% of the area median income is quite a feat in itself. However, lately the news from Washington begs the question, "Can you make it any harder?" Here's just a few ...
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| Utilities to save millions due to federal tax cuts MINNEAPOLIS (AP) — Xcel Energy has notified regulators that its revenue needs will be reduced by about $140 million this year due to federal tax cuts. The 2017 Tax Cuts and Jobs Act reduced the corporate income tax rate from 35 percent to 21 percent. The Minnesota Public Utilities Commission ...
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| than 98 per cent of homeowners declared by Empty Homes Tax deadline The Empty Homes Tax declaration period for 2017 closed on March 5, 2018 with a total of 183,911 declarations submitted, accounting for 98.85 per cent of all residential property owners in Vancouver. As this was the first year of implementation of the tax, the findings from the 2017 declarations provide ...
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| National Registry The Norwegian Tax Administration is responsible for keeping the national registry updated. More about the national registry. National Registry frontpage. The national registry contain information of everyone that resides or have resided in Norway. The Norwegian Tax Administration is responsible for ...
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| 1771 Massachusetts (and Maine) Tax Inventory is Available Online A free online searchable database called the "1771 Massachusetts Tax Inventory" is available online. While the title says "Massachusetts," keep in mind that what is now the state of Maine was still a part of Massachusetts at that time. Since the database includes all of what was then the Province of ...
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| Sec. 179 expensing provides small businesses tax savings on 2017 returns If you purchased qualifying property by December 31, 2017, you may be able to take advantage of Section 179 expensing on your 2017 tax return. You'll also want to keep this tax break in mind in your property purchase planning, because the Tax Cuts and Jobs Act (TCJA), signed into law this past ...
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| tax-funded articles pass BELLOWS FALLS, Vt. — Approximately 550 Rockingham residents participated in the town's two day Annual Town Meeting process, voting by voice and by ballot on 20 articles from the town and school district warnings. Residents voted by strong margins to approve all tax-funded proposals for fiscal ...
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| Tax Reform Opens Opportunities for Advisors "NAIFA worked with legislators and the administration on behalf of advisors and their clients to ensure that the tax reform law did not adversely impact the ability of workers to save for retirement," said NAIFA CEO Kevin Mayeux. "We had great success in those advocacy efforts, and it's an added bonus ...
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| Support Currently, all the Tax Help Software products access Tax Transcripts through the IRS E-Services Portal. 2. How do I get access to E-Services? Please check out our new E-Services Help page - Click Here. 3. How do I change my password? You first change your password on IRS.gov. Once you have ...
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| Where is My Refund? Translate. Copyright © 2018 GetNetSet LLC and/or Larrison's Tax Service Terre Haute, IN - Privacy Policy - Terms of Use - Manage Website · Tax Professional Website Design by GetNetSet.com.
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| 'Bed Tax' on private residents who rent their homes? There's a new game in town, and it's created a taxing situation. Counties across the state are hopping on board to tax private rentals through websites like Airbnb, which previously didn't tax patrons for renting rooms, cabins or cottages in those counties. Monroe County is the latest to announce Airbnb ...
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| When Does It Make Sense To Have A Pro Review Your Tax Return? If you've ever visited a tax office to get help filing your tax return, you know that the appointment can be stressful. What if you forget an important tax document? What if the appointment lasts longer than you think it will? Plus, visiting an office to file your returns can cost you in both time and money.
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| Lobbying group showing off "crumbs" expected by tax reform Many people are anxious to see how much money they can expect back in their pockets once the GOP tax plan officially begins.
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| The good, the bad and the ugly of tax I've just picked this up from Mark GB blog. I think it's worth 'reminding' ourselves of this. "We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men". George Orwell. With respect, I think that's what your 'twelve minute talk notes' from yesterday imply you were doing.
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| Mother Of Two Fatally Killed Over Her Tax Refund 27-year-old Keiauna Davis showed up for work at the Dollar Tree and planned to use part of her tax refund to buy supplies for her daughters birthday party. BET reports that her co-worker saw the cash and then texted her friend to rob Davis. They hired another young man to drive the robber to the ...
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| Or some similarly outrageous numbers Tax the church church Surprisingly, many people don't fully grasp what tax exemption is, so allow me to elaborate on the subject. . values & ideals. Tax the church. Tax exemption is the state of being exempt from paying taxes to State or Federal government on certain income incurred by a qualified organization. entities are tax ...
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| Coming Soon: Online Hotel Tax Collection We're gearing up to collect Transient Occupancy Tax (TOT) online. TOT, also known as "hotel tax," is a City tax of 12% on the rate paid by guests at local hotels for stays of 30 days or less. If you're a hotel/motel operator, you'll receive detailed instructions via email shortly.
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| How Will Tax Reform Impact Homeowners in Charlotte? The recently passed Tax Cuts and Jobs Act of 2017 makes significant changes to longstanding tax benefits for homeowners. In a new report released today, Apartment List estimated the value of lost housing-related tax benefits for owners of homes valued at the 25th, 50th and 75th percentiles of their ...
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| Derailed by tax debt? Use these tips to get back on track Tax season — and tax refunds — can be a financial lifeline for many Americans. But the season can pose challenges for those who owe money to the IRS.
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| A no-brainer inheritance tax cut To most voters inheritance tax is profoundly unfair, even the Fabian Society thinks the tax is too toxic to save. Worst still, rather than cutting the rate or scrapping it altogether, ministers have instead carved out exemptions for family homes distorting investment into property. Beyond being widely perceived ...
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