New York – Introduced Bill Creates New Tax Credits

SALT Report 3111 –The New York State Assembly introduced legislation that, if passed, would establish the Work-NY program.  This program would provide tax credits for small businesses based on hiring and investments and would eliminate the corporate franchise and personal Continue reading New York – Introduced Bill Creates New Tax Credits

North Dakota – Sales Tax Incentives for Businesses

SALT Report 3103 – The North Dakota Office of Tax Commissioner released guidance regarding the various tax incentives available to businesses in the state.  The sales and use tax incentives are as follows: Agricultural Commodity Processing Plant Construction Materials Construction Continue reading North Dakota – Sales Tax Incentives for Businesses

Florida – Bill to Eliminate Income Tax and Enact a National Retail Sales Tax

SALT Report 2899 – On August 23, 2013, the Florida State Legislature introduced a Bill that urges Congress to repeal all taxes on income and create a national retail sales tax.  Specifically, Senate Bill 118 requests that Congress enact H.R. 25, Continue reading Florida – Bill to Eliminate Income Tax and Enact a National Retail Sales Tax

New York – Guidance Regarding eFile Mandate for Businesses

SALT Report 2570 – The New York Department of Taxation issued a tax bulletin regarding the types of business who are now subject to the e-file mandate. For example: If you are a partnership, you must e-file all tax documents Continue reading New York – Guidance Regarding eFile Mandate for Businesses