Tax season can be a headache for small business owners. It's not just about filling out forms. It's about understanding how taxes impact the health of a business. Many small businesses struggle to survive, and taxes play a big role in that. Small businesses make up a huge part of the U. S. economy.
In a shocking turn of events, a charity boss in Los Angeles has been caught with his hand in the cookie jar. Alexander Soofer, the 42-year-old executive director of Abundant Blessings, was arrested for allegedly misusing taxpayer money meant to help the homeless. Instead of providing proper meals an
The Dutch government is considering a new tax plan that could shake up the investment world. The idea is to tax not just the profits people make when they sell investments, but also the potential profits they could make, even if they haven't sold anything yet. This includes stocks, bonds, and crypto
California, once a dream destination, is now seeing a mass exodus. People are leaving because of high taxes and expensive living costs. It is not just the wealthy who are leaving. Regular folks are also moving out. The state government is planning to introduce a new tax on total wealth. This would b
Cheyenne, Wyoming, is a hidden gem for retirees. It's not just about the low taxes and affordable homes. It's about the space, the quiet, and the chance to enjoy life at a slower pace. The city is small, with just over 65, 000 people. This means no crowded streets or long waits. Housing is a big pl
In Olmsted Township, Ohio, big changes are on the horizon for the local schools. The Olmsted Falls City School District is working on a master plan to decide whether to renovate existing buildings or build new ones. This plan is expected to be ready by spring, and the district is involving the commu
A bank in Pennsylvania just won a tax refund. It's not about big money or fancy loopholes. It's about fixing signs. The bank thought it paid too much tax on repairs for an elevator and some signs. First, they got a win for the elevator. But the tax board said no to the signs. The bank didn't give u
A bank in Pennsylvania recently won a partial victory in its fight for a tax refund. The state's Board of Finance and Revenue (BFR) decided to give back some of the sales and use taxes the bank had paid. The bank had asked for a refund on several things, including landscaping, security gear, buildin
A trust recently faced a tough situation with Pennsylvania's tax department. The issue started when the trust filed an updated tax return for 2021. This update led to a higher tax bill. The tax department then added extra charges, including a penalty for not paying electronically and some adjustment
Taxpayers in Pennsylvania recently won a significant victory in their fight for fair treatment regarding multistate taxes. The state's Board of Finance and Revenue (BFR) ruled in their favor, acknowledging that they should receive credit for taxes paid to other states. The issue began when the Depa
