State of Residence Tax Rate on Qualified Premium (e.g., IRA, 401k, 403b) Tax Rate on Non-Qualified Premium (e.g., Savings) CA - California 0.50% 2.35% CO - Colorado 0.00% 2.00% FL - Florida 1.00% (tax is absorbed by the insurance co.) 1.00% (tax is absorbed by the insurance...
1, 2025, and other New Year state tax law changes Saturday, January 04, 2025 Photo by Lara Jameson Change is a constant when it comes to life. And since taxes are a big part of life, that means we deal with tax code changes, too. At the federal level, that happens automatically ...
Our Dash of SALT Blog provides the most recent developments and changes in state and local tax regulations. Here are the latest updates for California. December 3, 2024 San Francisco: Proposition M Leads to Changes in Business Taxes Authored by: Katie Nguyen, CPA and Ryan Schupp On November...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last four years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summ...
New Jersey Phases Out Sales Tax Exemption on Zero Emission Vehicles and Eliminates Sales Tax Holiday Authored by: Emilia Jarrin and Katie Nguyen, CPA On June 28, 2024, New Jersey Gov. Murphy signed A4702 which phases out the sales tax exemption on zero emission vehicles and eliminates the ...
You can also choose to withhold income tax (like you do on a paycheck) during the year when receiving benefits with 10 percent being the maximum generally allowed. State taxes on unemployment vary by state and many states do not tax unemployment benefits, either by law or because they don’...
Property taxes equal the mill rate multiplied by the assessed value. The state with the highest effective property tax rate is New Jersey (2.08%) and the lowest is Hawaii (0.26%) as of 2022 (latest information). Taxation Property taxesare a major source of income for city and county govern...
Though lawmakers hope these efforts seem ‘common-sense,’ the courts will have to decide if these alleged no-brainers are constitutional. One judge granted apreliminary injunction(at the eleventh hour) against a Texas lawset to go into effecton Sept. 1. The judge — appointed by Ronald Reag...
TERRE HAUTE, Ind. (AP) — Indiana State University will require that all students and staff show proof of vaccination by Jan. 1 or be tested each week for COVID-19, the school's president said Thursday.
Home-purchase restriction, property tax and housing price in China: A counterfactual analysis. J. Econom. 2015, 188, 558–568. [Google Scholar] [CrossRef] Li, J.; Xu, Y. Evaluating restrictive measures containing housing prices in China: A data envelopment analysis approach. Urban Stud. ...