New Jersey – State Division Of Taxation Postpones Deadlines for Hurricane Florence Victims

Taxpayers affected by Hurricane Florence now have until Jan. 31, 2019 to file their New Jersey tax returns or make payments on taxes that had an original or extended due date between Sept. 7, 2018 and Jan. 31, 2019. If Continue reading New Jersey – State Division Of Taxation Postpones Deadlines for Hurricane Florence Victims

Multistate – Understanding Bitcoin And Taxes

As cryptocurrencies like Bitcoin become more mainstream, the Internal Revenue Service is paying close attention. In fact, from the close of 2018 and onward, we’re looking at monumental changes in how the IRS is considering these technologies, at least financially. Continue reading Multistate – Understanding Bitcoin And Taxes

Multistate – States Sue IRS, Treasury To Strike Down SALT Cap Under New Tax Law

Connecticut, Maryland, New Jersey, and New York filed a lawsuit in federal court to eliminate the $10,000 limit on SALT (State and Local Tax) deductions imposed as part of the Tax Cuts and Jobs Act (TCJA). “The lawsuit names Treasury Continue reading Multistate – States Sue IRS, Treasury To Strike Down SALT Cap Under New Tax Law

Multi-State – Abolish The Income Tax, Replace With A Sales Tax

American Thinker by J. Marsolo September 6, 2017 American Thinker has published two articles in the past week on having a flat income tax, and a similar proposal to use FICA, which is a flat rate, to replace the current Continue reading Multi-State – Abolish The Income Tax, Replace With A Sales Tax

Indiana – Offering Free Income Tax Filing For Certain Taxpayers

SALT Report 3234 – The Indiana Department of Revenue is collaborating with participating vendors and the IRS in offering free income tax filing via their online website for certain taxpayers with an AGI below $58,000.  The program is called “Infreefile”. Continue reading Indiana – Offering Free Income Tax Filing For Certain Taxpayers

Multistate – IRS Warns of Pervasive Telephone Scam

SALT Report 3139  – The IRS issued a warning to consumers about a telephone scam (also referred to as “phishing”) which appears to be targeting taxpayers, including recent immigrants, in almost every state.  The victims are being told that they Continue reading Multistate – IRS Warns of Pervasive Telephone Scam

Colorado – Guidance Regarding Tax Refund Interceptions

SALT Report 3098 – The Colorado Department of Revenue issued an advisory to anyone who pays corporate, income, sales and use, gasoline, special fuel, cigarette and tobacco, or severance taxes that any refunds due are subject to interception by the Continue reading Colorado – Guidance Regarding Tax Refund Interceptions

Connecticut – Penalty Waiver Request Policy Issued

SALT Report 3015 – The Connecticut Department of Revenue Services issued a policy statement that addresses the procedures for requesting a waiver of civil penalties.   The policy statement will clarify the penalty waiver process and the standard the Department uses Continue reading Connecticut – Penalty Waiver Request Policy Issued

California – Free Small Business Fair in Temecula

SALT Report 3002 -The California State Board of Equalization is offering a free seminar for small business owners, entrepreneurs, and individuals who would like to start a business on Wednesday, September 25.  The seminar will provide important information regarding sales Continue reading California – Free Small Business Fair in Temecula

California – Free Strategies for Success Seminar

SALT Report 2570 – The California State Board of Equalization is offering a free small business seminar on Thursday, June 13, 2013, in Garden Grove, CA. The seminar is designed for business owners, entrepreneurs, and individuals who would like to Continue reading California – Free Strategies for Success Seminar