by My Tax Company | Feb 19, 2020 | Tax Tips and News
Tax Policy – How High are State and Local Tax Collections in Your State?
Today’s state tax map shows state and local tax collections per capita in each of the 50 states and the District of Columbia. Tax collections of $10,717 per capita in D.C. surpass...
by My Tax Company | Feb 19, 2020 | Tax Tips and News
Tax Policy – Wisconsin Considers Standard Deduction Increase, TPP Tax Reduction
Monday, a tax relief package advanced out of the Wisconsin Joint Committee on Finance and is expected to receive consideration by the full Senate and Assembly this week....
by My Tax Company | Feb 19, 2020 | Tax Tips and News
Tax Policy – Sources of Government Revenue in the OECD
Key Findings In 2018, OECD countries raised one-third of their tax revenue through consumption taxes such as the Value-Added Tax (VAT), making consumption taxes on average the most important revenue...
by My Tax Company | Feb 19, 2020 | Tax Tips and News
Tax Policy – Analysis of Democratic Presidential Candidates Corporate Income Tax Proposals
Key Findings 2020 Democratic presidential candidates have proposed various changes to the corporate income tax to raise revenue for their policy proposals. This...
by My Tax Company | Feb 18, 2020 | Tax Tips and News
IRS Tax News – No need to report some transactions in video game currency, IRS says
Gamers who, as part of a video game, transact in virtual currencies that do not leave the video game environment do not have to report the transactions on a tax return, the...
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