How Warriors sit against NBA 2024-25 salary cap, luxury tax originally appeared on NBC Sports Bay Area As the Warriors remain patient in their efforts to trade for Utah Jazz All-Star Lauri Markkanen, there’s much to be said about how the franchise sits against the NBA salary cap and luxury-tax aprons. To start, Golden State,
NASHVILLE, Tenn. (WTVF) — It’s a time many Tennesseans have been waiting for! The state’s traditional sales tax holiday begins on Friday, July 26! From that Friday through Sunday, July 28 at might, things like clothing, school supplies and computers may be purchased tax free. The hope is to help those struggling with inflation as
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in your inbox here. Back to school is coming. Getty Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have
by Internal Revenue Service Photo courtesy of Pepi Stojanovski on Unsplash As part of continuing compliance efforts under the Inflation Reduction Act, the Internal Revenue Service announced on Thursday, July 11, the agency has surpassed the $1 billion mark in collections from high-wealth taxpayers with past-due taxes. As part of larger efforts taking place, the IRS has stepped
Amy Carnevale was elected as the next MassGOP chair replacing Jim Lyons, right, as voting went two rounds. (Chris Christo/Boston Herald) Supporters who campaigned for the creation of an additional tax directed at the state’s highest earners may soon be experiencing a form of buyers’ remorse now that there’s concrete evidence suggesting the flight of
News Gov. Pillen open to options on lowering property taxes Nebraska Gov. Jim Pillen says he’s open to discussing solutions for lowering the state’s property tax burden. His proposal that would remove sales tax exemptions on some ag inputs has faced pushback because of how the plan could impact young farmers who rent property. “If
HORRY COUNTY, S.C. (WBTW)– Property owners in Horry County should be on the lookout for reassessment notices in their mailboxes. More than 250,000 notices have been mailed out as part of the county’s routine reassessment process, which occurs every five years to re-equalize property values. Courtesy: Horry County Government Some homeowners are concerned that higher
The IRS failed to comply with the state attorney general’s request for records about a pandemic tax relief program for businesses, the state of Missouri said in a Friday lawsuit. Missouri Attorney General Andrew Bailey requested in May that the IRS produce communications about its September 2023 decision to stop processing new Employee Retention Credit
Rendering for Vose Farm Residences, Peterborough Catholic Charities NH was awarded $625,000 in tax credits by the NH Community Development Finance Authority (CDFA) to support an affordable housing project in Peterborough, the nonprofit announced July 9. The funds are part of a recent CDFA distribution of $6.6 million in tax credits to nonprofits for community
In this episode of our Cross-Border Catch-Up podcast series, Diana Nehro (shareholder, New York/Boston) and Carlos G. Colόn-Machargo (of counsel, Atlanta) discuss common employment practices that may trigger “permanent establishment” tax obligations abroad. Carlos and Diana, who is chair of the firm’s Cross-Border Practice Group, provide an overview of issues to consider when engaging workers (including contractors)