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We lucky, federal-only filers live in one of the eight states that don't tax any individual income. They are Alaska, Florida, Nevada, New Hampshire (which just joined the group on Jan. 1, 2025), South Dakota, Tennessee, Texas, and Wyoming. Residents of Washington state don't have to...
Or as we call it here in Central Texas, Armadillo Day, since the nine-banded 'dillo Bee Cave Bob offers his own weather prognostications today. But regardless of the weather today, or six weeks from now when we’re deeper into Tax Season 2025, you need to make sure you get your fil...
When regular wage-earners go out and purchase something- whether a can of beer or a new car- they are taxed on their purchases, but because the wealthy buy stocks as part of larger companies, they are not charged taxes on those purchases. While the less you can earn, the more taxes yo...
So if you are making a large purchase, it pays to ask about the sales tax in advance. (It will also be printed on your sales receipt.) When you are securing a service you might also be charged a tax. Services like hotel rooms and rental cars are also typically taxed at higher ...
So you want to buy a home but you owe the IRS money. Unfortunately, if the IRS has got installment agreements with you or tax liens on you, you’… Read more 5 things you need to know about 1031 exchanges Most people who purchase real estate have heard the term 1031 exchange, but no...
There is no personal income tax inTexas. That means none of your retirement income will be taxed at the state level. There are no estate or inheritance taxes in Texas either. Tax on Taxable Income:N/A Social Security:Not taxable Pensions:Not taxable ...
Despite marijuana being illegal on a federal level and in most states, many states impose taxes on the sale of marijuana. In many states, there are “occupancy taxes” for anyone who books a room in a hotel. For example, in Texas, occupancy of any room costing over $15 is taxed at 6%...
There are taxes on income, the purchase of goods, and the sale of property, as well as levies unique to your local town or city. For example, in the US, there are federal, state, and municipal taxes to consider. However, the rules in each area may differ,according to PwC, the profe...
The wheels on this bus were NOT going to go round and round any longer. I had to buy a new shredder. DIY SHREDDER ESSENTIALS Although I haven’t had to purchase a shredder in a long time, this is not my first shredding rodeo. Many of my clients find themselves either buying a first...