The Internal Revenue Service (IRS) makes updates to common tax provisions, such as the standard deduction, each year to ensure that certain parts of the tax code keep up with inflation. Aside from new laws, there are other adjustments and tax news to be aware of as you consider your tax...
By Linkenheimer LLP|July 1st, 2024|ca, CA tax, california, law, New Tax Laws, propositions|0 Comments Read More What Might Be Ahead as Many Tax Provisions are Scheduled to Expire? Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the...
New tax laws less charitable
New California Laws 2024: Part 16 includes laws on property tax... Sacramento, Calif.- Part 16 in New California Laws for 2024 includes laws currently chaptered in Sacramento during the 2023-24 legislative session. This installment includes laws on property tax, pupil safety, e-waste, organic...
Minimum wage and tax rate changes The new year brings a variety of new laws on taxes and wages — perennial issues for state governments. More than 20 states will raise minimum wages for workers, further widening the gap between state requirements and the federal minimum, which has been static...
There are over 500 new laws that take effect on January 1, 2024, in the state of Illinois. Here are some of the things that will be banned next year.
There are over 500 new laws that take effect on January 1, 2024, in the state of Illinois. Here are some of the things that will be banned next year.
Here is a look at some of the new laws Californians face: LEAVE FOR REPRODUCTIVE LOSS A new law taking effect in 2024 will ensure California workers are giventime off for reproductive loss. Under the new law, California companies with five or more employees will be required to provide...
But in the end, it seems the current laws were retained for both of these and other tax laws that affect real estate investing. The National Association of Realtors have a nice summary of how the tax law affects real estate:https://www.nar.realtor/taxes/tax-reform/the-tax-cuts-and-jobs...
No matter where you stand on the fence, get ready, because these are the new laws that go into effect January 1, 2024, in Texas. SENATE BILL 117: ANTI-DEI LAW This is the most talked about law going into effect in January. This bill got passed back in May, and it's one of the...