While most Americans won't have to pay estate taxes, they can have serious implications for those who do. If you believe your estate is large enough for state or federal estate tax to be applied, you should consult with a financial expert to see how you can limit your tax liability. Why...
Not counting the five states without general sales taxes, the lowest sales tax in USA is Colorado, which has a state sales tax rate of 2.9% (as of January 2019). When the states first enacted their sales taxes, the tax was imposed only on in-state sales. There was no use tax. As ...
“Child care is very expensive, but those costs don’t last forever. Every family should make the choice that's right for them, but I would encourage women to consider all these factors,” Evans says. The Bottom Line The pink tax highlights a pervasive issue of ge...
What state and federal employment laws do I need to consider when I am hiring employees and drafting an employee handbook? Should I hire in-house counsel, or is outside general counsel sufficient for my business’s needs? What is a fiduciary duty, and to whom do they apply? What are the...
All Colorado residentswith a taxable income pay a flat tax of 4.55%. The state’s total tax burden is $25,872 for single filers. Read More:Jeff Bezos’ Advice for Millennials Who Want to Get Rich Connecticut Take-home salary for single filers:$73,039 ...
Intellego and Lammershoek producing orange wines, while in the United States a fresh representation of California wineries making orange wine includes Pax Mahle, Wind Gap, Salinia, and Scholium Project. A To Z Wines in Oregon has produced orange wine, and the crew from Channing Daughters on Lo...
For instance, CPRA’s in California, CORA’s in Colorado, OPRA’s in New Jersey, PIA’s in Maryland, MGDPA’s in Minnesota, OPRL’s in Oregon, TPRA’s in Tennessee, TPIA’s in Texas, and GRAMA’s in Utah. These names are often connected to a state’s specific law. For example...
There’s a fairly convenient loophole that many Seattle area residents take advantage of, however. If you have a big purchase to make, you can drive about three hours over to Portland, Oregon, where the sales tax is zero. The typical Seattle resident should be prepared to pay roughly $500...
The use tax is usually the same rate as the local/state sales tax. The difference lies in how it's accounted for and who calculates it. The use tax is self-assessed and remitted by the end consumer, so if you make a purchase and are liable for your state's use tax, it's up to...
The inheritance tax is not common in the U.S. In fact, just six states have an inheritance tax as of 2024.1The taxation of an inheritance depends on the state in which the deceased lived or owned property, the value of the inheritance, and the beneficiary's relationship to the decedent.2...