Shifting Arizona Taxes: Will Online Sales Tax Become a Reality?
Are Arizona taxes about to shift in a big way? The state’s House of Representatives passed legislation in March that would lower the income tax if the state begins collecting additional sales tax...
View ArticleIs the Sales Tax a Healthy Alternative to Income Tax Collection for States?
You don’t need to be told that taxes place a burden on your wallet. One look at your paycheck deductions or the extra sales tax siphoned off at the bottom of your receipts will give you a pretty good...
View ArticleAlaska Taxes Face Reconsideration Due to Drop in Oil Prices
A proposed change to Alaska taxes would see a new income tax introduced to the Last Frontier. This proposal, if passed, would be the first assessed income-based state tax in Alaska since 1980. Alaska’s...
View ArticleArizona Income Tax Change: A Boon to Investment and Job Growth
Arizona income tax legislation signed in April by Governor Doug Ducey is sure to make the state more enticing to small business owners. Senate Bill 1188 allows individuals and business owners to count...
View ArticleHow Moving to a New State Accelerates the Road to Financial Independence
Since graduating from Patrick Henry College in Virginia in 2005, Stephanie Terek’s career has steadily advanced, primarily through jobs in Washington, D.C., including at the White House. However, Texas...
View ArticleOK Income Tax Reform: Will Oklahoma Move Forward With Cuts Promised in 2014?
Among states that levy income tax, Oklahoma is relatively low, with a top rate of 5.25 percent. However, Governor Mary Fallin signed reform measures in 2014 that may drop the OK income tax even lower,...
View ArticleIs Revenue-Neutral Tax Reform a Good Choice for Delaware?
Delaware, with its low corporate tax rate and zero sales tax, is a popular state for businesses looking to incorporate and consumers looking to shop. Traditionally—and uniquely—the state has supported...
View ArticleOCPA Seeking to Vanquish Oklahoma’s “Income-Tax Sandwich”
In 2012, Governor Mary Fallin said she didn’t want her state of Oklahoma to become an “income-tax sandwich.” Unfortunately, it has. To the south lies no-income-tax Texas, and to the north is low-tax...
View ArticleSelf-Employed and Living in Texas: How Moving Impacted One Attorney’s...
If you’re self-employed, you’re probably familiar with the sinking feeling that comes with filing federal taxes. Is it really possible to owe that much? Where did all your income go? Taxes are tough on...
View ArticleSmall Business Taxes Make Survival Difficult Without State Help
Keeping your business afloat is difficult when you’re hit with unexpected small business taxes. They, along with fines, can push business owners who are barely making ends meet into a pile of debt...
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