Posts tagged as:

state tax

NC Extends Tax Deadline for State Returns

18 April 2011

The N.C. Department of Revenue has announced on its website that it will waive late filing and late payment penalties for taxpayers who were affected by the April 16 storms. Penalties will be waived on state taxes and returns that are due between April 18 and May 1. According to the Department of Revenue, state [...]

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State Moves to Tax Coupons and Sale Prices

28 February 2011

I have a very distinct recollection of how Thursdays worked in my house when I was a kid. You see, Thursdays were sales flyers days. My mom would look them over, comparing them to her grocery list and a big, fat stack of coupons she had carefully cut out from the prior Sunday (as well [...]

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Rhode Island Makes the Cut

10 June 2010

In an era of shrinking tax revenues, most states are rushing to raise funds by increasing rates and simply taxing more stuff. Rhode Island, however, has a different idea. The tiny New England state may be geographically the smallest in the country but it has big plans to make the state more attractive to business. [...]

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Ask the taxgirl: Reporting State and Local Tax Refunds

2 April 2010

Taxpayer asks: I’m helping my daughter do her CT taxes. Last year she got a CT refund. If I’m reading the federal form correctly, it looks like she has to declare the state refund as federal income in 2009. Is that correct? Isn’t that double taxing? If that is correct, is there a way around [...]

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Ask the taxgirl: The President and Income Taxes

20 May 2009

Taxpayer asks: Does the President have to pay income tax? – I get that question a lot. And this week, I also received this question: – Taxpayer asks: Does the President pay income taxes to every state he visits on official business? This question occurred to me because of the pending Mobile Workforce legislation. Also, [...]

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Ask the taxgirl: State and Local Taxes Paid in Other Years

20 January 2009

Taxpayer asks: Can I deduct state sales tax for 2008 and deduct state income tax paid for another year (2007)?? Taxgirl says: Absolutely! There is no rule that the taxes must have been assessed in 2008 in order to take them as a deduction. Assuming that you itemize your deductions, you can deduct state and [...]

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State Tax Primer from A to W: Arkansas

30 December 2008

Welcome to my fourth in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the agenda, the bane of every elementary aged school child when it comes to spelling: Arkansas! ARKANSAS Population: 2,834,797 (32nd) Capital: Little Rock Largest City: Little Rock Gross Domestic Product: $87 [...]

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State Tax Primer from A to W: Alaska

12 November 2008

Welcome to my second in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the agenda: Alaska! ALASKA Population: 683,478 (47th) Capital: Juneau Largest City: Anchorage Gross Domestic Product: $160 billion GDP per capita: $43,748 (7th) 2004 election winner: George W. Bush web site: http://www.alaska.gov/ [...]

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State Tax Primer from A to W: Alabama

23 October 2008

Welcome to my series on state taxes! For information about what I’m trying to do, read my introductory bit. And now, without further ado, let’s get started! First up, Alabama! ALABAMA Population: 4,627,851 (23rd) Capital: Montgomery Largest City: Birmingham Gross Domestic Product: $160 billion GDP per capita: $29,697 (44th) 2004 election winner: George W. Bush [...]

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State Tax Series Begins!

23 October 2008

Today, I kick off my series on state taxes! The plan is to make it from A to, er, W (Alabama to Wyoming). It’s worth noting that the series is meant to be a primer, not an exhaustive list of all taxes and rates applicable to any given states. I practice in New Jersey and [...]

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