Posts tagged as:

state tax

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, is withholding taken [...]

2 comments Read the full article →

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 local [...]

1 comment Read the full article →

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 billion
GDP per capita: $27,875 (49th)
2008 [...]

19 comments Read the full article →

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/
Income [...]

10 comments Read the full article →

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. [...]

16 comments Read the full article →

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 [...]

12 comments Read the full article →

State Tax Series Begins This Week!

14 October 2008

It’s finally here! I’m kicking off my state tax series this week… beginning with Alabama and ending in a bit with Wyoming (sorry, Wyoming, you’re like the short kid in school).
I’d love to hear your stories – I might be able to use them in the series. If you moved to or away [...]

1 comment Read the full article →

Rebates Being Seized to Pay Taxes Owed to States

10 June 2008

Although the IRS website was careful to note that the rebate checks would be withheld to satisfy federal obligations, checks are being seized by states in order to satisfy past due state income tax obligations.
The seizures are part of the Treasury Offset Program (TOP). Under TOP, states may enter into agreements with the IRS [...]

4 comments Read the full article →