Accounting

Last week, Zoom Video Communications announced that, come November, the company will start collecting and remitting local utility and communications taxes in California, New York, Maryland, and Virginia. The specific taxes and their rates vary depending on the state and locality in which the user is located. As an example, in California, the company will…

There are a lot of state ballot measures affecting tax policy this year. Most were introduced before the pandemic, but all of these votes took…

Tax Brackets & Rates Standard Deduction & Personal Exemption Alternative Minimum Tax Earned Income Tax Credit Child Tax Credit Capital Gains Qualified Business Income Deduction Annual Exclusion for Gifts 2020 Tax Brackets 2019 Tax Brackets   On a yearly basis the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent…

During each presidential election, the Tax Policy Center analyzes the tax policies of the two major candidates. This year, TPC estimated the effects of Democratic…

On November 10—just a week after the election–the US Supreme Court will hear oral arguments in a lawsuit challenging the constitutionality of the Affordable Care…