Nebraska lawmakers consider tax on alternative nicotine products
LINCOLN, Nebraska (KLKN) – Another tax is under debate as Nebraska lawmakers try to raise money to cut property taxes. On Wednesday, the Finance Committee considered a bill that would tax alternative nicotine products such as the increasingly popular Zyn…
Personal property tax relief in Tazewell County
TAZEWELL COUNTY, Va. (WVVA) – Many taxpayers in Tazewell County will likely be happy to learn there is a plan to give them some relief. Tazewell County Executive Eric Young said the Board of Supervisors voted Tuesday night to approve…
State Tax Commission asks Jackson County to set some tax assessments for 2023
KANSAS CITY, Missouri (KCTV) – The state of Missouri is cracking down on the Jackson County Clerk and the county assessor’s office. The Missouri State Tax Commission ordered the county to limit the 2023 tax increase to 15 percent in…
Denver’s affordable housing sales tax passes City Council
Big item on Denver’s November wish list, Mike Johnston, took a crucial step forward Wednesday when a City Council committee submitted his affordable housing sales tax proposal to the full body for approval. The 0.5% increase in the sales tax…
When does the sales tax exemption end in Ohio? What you need to know
How to save money during Ohio’s sales tax holiday Ohio’s tax-free holiday is no longer just a weekend. Now almost any sale can be tax-free for 10 days. Here’s when it starts. Ohio’s sales tax holiday has begun. Ohioans get…
Houses in Sarasota Debby’s uninhabitable houses can be sold due to tax relief
Property owners who suffered damage from Hurricane Debby may be eligible for a reduction in their property taxes, according to an email from the office of Sarasota County Property Appraiser Bill Furst. Brian Loughrey, Sarasota County’s deputy chief assessor, said…
Tax strategy: Update on employee retention credit
The Internal Revenue Service has announced that after imposing a moratorium on processing Employee Retention Credit applications after September 14, 2023, it will now begin processing applications received before that date. The IRS further reported that it has a backlog…
Italy doubles billionaire tax for rich newcomers
Locals had criticized the previous tax rules after wealthy expats’ purchases of property in Italy led to a sharp rise in property prices. ADVERTISING The Italian government has agreed to increase the annual flat-rate tax on income earned abroad by…
Italy doubles taxation for rich people who move their tax residence abroad
The Italian government on Wednesday gave the green light to a decree that would double the so-called flat tax on income earned abroad by wealthy individuals who move their tax residence to the country, to 200,000 euros (218,220 dollars) per…
Taming the Wild West of AI in Corporate Legal, Tax and Risk Departments
After 18 months of nonstop hype and rapid launches of new, easily accessible, consumer-facing tools, it might seem like everyone is experimenting with generative artificial intelligence (GenAI). In fact, according to the new Thomson Reuters Future of Professionals Report, nearly…
