Taxes Are on the Ballot in 2026. Here’s What Voters Need to Know.
From billionaire wealth taxes to property tax relief, voters in 17 states face tax-related ballot measures in November 2026. Here’s what you need to know.
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LA Times Mention In Mansion Tax Story
I was thrilled to be a source for a story earlier this month about tax planning—and the lengths taxpayers may go to when a new tax changes the math. The article, written by Jack Flemming for the Los Angeles Times, focused on wealthy California residents who scrambled to avoid paying the new “mansion tax.” The…
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Are State and Local Taxes the New North Star?
From working from home to deductions to Wayfair, it’s clear that state and local taxes (SALT) have become critical in the tax world. While the focus used to sit squarely on federal taxes, the industry lens seems to be shifting more and more toward SALT. State and local taxes can seem complicated, especially in a…
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Is Maryland’s New Digital Advertising Tax a Workable Solution?
As states need to fill budget holes, politicians are looking for new revenue sources. Maryland recently became the first in the United States to pass a digital advertising tax, taxing the revenue made from digital advertisements on online services like Facebook and Google. Other states are watching closely, with a few introducing similar tax bills….
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Lyft and Other Gig Drivers Will Remain Independent Contractors After California Vote
It’s not just the federal race that made news on Election Day: state and local initiatives were on also on the ballot. In California, that included a vote on whether gig drivers like those who work for Lyft, Uber, and DoorDash, should be considered employees: 58% of voters decided that they should instead be classified…
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Sales Tax-Free Back To School Shopping Still Happening Even During COVID
Back-to-school may look different in 2020, but that doesn’t mean that parents and teachers won’t be shopping. According to the National Retail Federation, consumers could spend a record amount in 2020 to prepare students for school and college as they buy more laptops and computer accessories for online and hybrid schools. “By any measure, this is…
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Sales Tax Laws Keep Changing As More Shoppers Go Online
If you find yourself clicking over to do some online shopping more than before, you’re not alone. Web sales are up from last year in the U.S., reaching $73.2 billion as compared with $41.5 billion a year earlier. That’s true even though the U.S. gross domestic product (GDP) was down a record 33% in the second quarter, unemployment…
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Cuomo’s Comments On Rules Requiring Bars To Serve Food Have Some Crying ‘Fowl’
This week, New York Gov. Andrew Cuomo had restaurant owners calling “fowl” on new rules requiring bars to serve food with their drinks. The New York State Liquor Authority (NYSLA) issued guidance making clear that, “Pursuant to Executive Order 202.52, effective Friday July 17, 2020, all licensed establishments with on premises privileges (e.g. restaurants, taverns, manufacturers with…
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State Tax Deadlines For Filing Tax Returns & Making Estimated Payments During COVID-19
On March 20, 2020, Treasury Secretary Mnuchin extended the federal income tax filing and payment deadline to July 15, 2020. This relief includes estimated payments for the first and second quarters. Some states have also extended filing and payment deadlines – but not all of them are extended to July 15, 2020. Additionally, not all…
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Find Out How Much In Stimulus Checks Paid Went To Your State
The Treasury Department and the Internal Revenue Service have announced that they have distributed more than 152 million Economic Impact Payments, sometimes referred to as stimulus checks. The payments total nearly $258 billion, with an average payment of $1,695 (that’s roughly the value of a check for a single adult and a child). “Economic Impact Payments have…
