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Taking advantage of the many tax exemptions available to you can be a good idea. These can reduce or even eliminate your tax obligations. One common exemption involves property taxes, and an exemption can mean you do not have to pay a portion of your property tax bill. Unfortunately, knowing […]
Category: State and Local Taxes
It seems like being tax-exempt would mean that an organization doesn’t need to worry about taxes at all. They are, after all, exempt from taxes. However, nonprofits and tax-exempt organizations still need to address tax-related issues all the time. In fact, even though tax-exempt organizations are free from the burden […]
During the pandemic, people have had to adapt in ways that they never anticipated. For some, that has meant working from home instead of commuting to their office. It has also meant that individuals in Texas may be facing more complicated tax issues than they have in the past, particularly […]
The internet – and the burgeoning digital marketplace it has created – has broadened horizons and opened doors that wouldn’t have been imagined just a generation ago. With just a few clicks of a mouse, you can do business with companies across town or across the globe. This brave new […]
Top tennis players usually earn income in several different countries during the year. Minimizing their tax liabilities requires some creative planning, including changing their residence to a tax friendly country. Andre Agassi once unsuccessfully argued against British tax authorities when they taxed him on a portion of his Nike endorsement […]
The SEC ended its formal investigation into Sprint Corp.’s sales tax practices without taking action. This decision comes as the New York Attorney General continues to move forward with a case that Sprint failed to collect and pay sales taxes. Sprint says that the SEC opened an investigation in July […]