Tax rules can change each year, making it tough to keep up. So, how do you find out about key new tax laws for 2024? Easy—just turn to H&R Block. The best part is that you don’t have to dig for details. Block has got you covered with an outline of the tax changes for 2024...
New Tax Laws BOI Enforcement Resumes; New Filing Deadline Set We wish to inform you of a significant development regarding the Corporate Transparency Act (CTA), which mandates that certain business entities disclose their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network...
Old Law:Almost three years ago, at the beginning of the COVID-19 pandemic, Governor Murphy issued Executive Order 103, declaring a state of emergency in New Jersey. Subsequently, the New Jersey Legislature enacted a law that extended the deadline for the Division to assess New Jersey tax unt...
The new tax code will consolidate all direct tax laws under a single framework, eliminate outdated exemptions and deductions to broaden the tax base, introduce a dispute mediation mechanism, and expand audit roles beyond Chartered Accountants (CAs). Finance Minister Nirmala Sitharaman introduced the Di...
Ghana’s Parliament has enacted several laws affecting the taxation of individuals and businesses, effective 3 April 2023; in part, the law changes increase the duty on certain excisable products, revise individual income tax rates, introduce withholding
of an increase in Canada’s federal carbon tax, onerecent Globe and Mail storysays that residents of Canada who use personal vehicles as transportation “will pay 17.6 cents a litre of gasoline in fuel charges in 2024. [This represents an increase of] about 3.3 cents” comp...
In 2023, the California Legislature passed 1,046 bills. Newsom signed 890 of those bills into law. He vetoed 156 bills, or 14.9%, according to statistics compiled by veteran lobbyist Chris Micheli. Here is a look at some of the new laws Californians face: ...
BOSTON - A new year means some new laws and changes go into effect in 2023, impacting Massachusetts at both the state and federal level. Here's a few you should know about. MINIMUM WAGE HIKE The Massachusetts minimum wageis increasingto start 2023, and there are other changes coming for ...
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Van A. Tengberg