The Tax Foundation has released its 2017 State Business Tax Climate Index, ranking the best and worst states for business tax climate. Who made the top? And who sits at the bottom? Here’s what you need to know.
Read MoreDay: September 28, 2016
IRS Posts New Per Diem Rates For Taxpayers Who Travel For Business
New per-diem numbers are out, effective October 1, 2016. These numbers are to be used for per-diem allowances paid to any employee on or after October 1, 2016, for travel away from home on or after that date. The new rates include those for the transportation industry; the rate for the incidental expenses only deduction, and the rates and list of high-cost localities for purposes of the high-low substantiation method.
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