City publishes best sales tax report since pandemic began
The City of Midland has released the best monthly sales tax report - by percentage - since the start of the pandemic / economic downturn.The city showed that $ 4.625 million in sales taxes were collected in November. This was 17.60% more…
The tax code that could cripple NFT and crypto
Digital currency transactions (including NFTs) involving more than $ 10,000 may need to be reported to the governmentNovember 5, 2021, New York, NY - Abraham Sutherland, lawyer and specialist in…
Update on Tax Status – Cryptocurrency in the spotlight with the Senate Committee –…
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Cryptocurrency ("Crypto"), a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions…
Democrats rush to rewrite U.S. tax code in days
WASHINGTON - As they scout for income to pay their sprawling spending bill and attempt to unite a fractured caucus, Democrats are attempting to rewrite the U.S. tax code in days, proposing the kind of sweeping changes in the how America…
26AS Form Information List to Include Foreign Remittances, Mutual Funds
Form 26AS is an annual consolidated tax return that taxpayers can access from the Income Tax Department's website using their Permanent Account Number (PAN). The decision to add more information to the document is likely to…
Democrats Should Use Tax Code To Promote Positive Change
Several news outlets have reported that House Democrats are Planning to increase the corporate tax rate to 26.5%, against the current 21%, thanks to the reconciliation process. The revenue generated from this increase will fund essential…
Bermuda Tax Status Reduction for Re / Insurance Industry: Fitch
Bermuda's tax status for the insurance and reinsurance industry will be lowered following the expected adoption of the multilateral agreement to establish a global minimum tax rate of 15%, reports Fitch Ratings.
Historically, Bermuda-based…
New tax code rules in 2022
EYEWITNESS NEWS (WBRE / WYOU) - There is a big change in the tax code on January 1st and if you have a side business for extra money you better be careful.
It has to do with how much money you can make without Uncle Sam getting a…
Latest ezPaycheck Bundle Speed Up Both Payroll Processing and Small Business Tax Form Filing
EzPaycheck payroll software adapts to small business owners as a faster way to process payroll and tax forms processing in one quality application. Get the details by visiting halfpricesoft.comCHICAGO, October 18, 2021 / PRNewswire-PRWeb /…
Pandemic and tax code change spur interest in life insurance, says JD Power
State Farm Ranked # 1 in Individual Life Insurance SatisfactionTROY, Michigan, October 14, 2021- (COMMERCIAL THREAD) - The adage that "life insurance is sold, not bought" may have found its place in the double blow of the COVID-19 pandemic…