In Virginia, a recent advisory opinion from the Attorney General's office has clarified an important point about open space agreements. These agreements are deals where landowners promise to keep their land open and natural. In return, they get tax breaks. The big question was: what happens when the
Tax time can be confusing, especially when it comes to figuring out what counts as a business expense. Two experts from Wisconsin, Rick Kutch and Mark Leeder, share some key points to help business owners stay on track. First, let's talk about meals. Many people think any meal eaten during work hou
Colorado is facing another tough year when it comes to money. Lawmakers are getting ready for a tough time, as the state's income is expected to drop. This means they will have to cut spending by a lot, around $850 million. They already cut $1. 2 billion this year and another $783 million over the s
In a move to bring clarity to the often confusing world of cryptocurrency taxes, two lawmakers from different parties are teaming up to create a new tax framework. This isn't just about any old crypto rules, but specifically about stablecoins and the rewards people earn for verifying transactions on
Maine is facing a big problem. Taxes are going up. Counties are asking for more money. But people are saying no to school budgets. This is not just a few small issues. It is a big problem with how Maine pays for things. Counties like Penobscot, Knox, York, and Washington are seeing big cost increas
California's tax authorities have expanded their reach, catching a Delaware-based LLC in their net. The company, Diet Standards LLC, uses Amazon's Fulfillment by Amazon (FBA) program. They store inventory in Amazon's California warehouses. From there, Amazon ships orders to customers. The California
A former judge in Alabama has been sentenced to 50 years in prison for abusing his power and stealing from taxpayers. Gilbert P. Self, who once presided over the Eleventh Judicial Circuit, was found guilty on multiple corruption charges. These included misusing public funds for personal trips, such
Australia is facing a challenge. It wants to stop companies with bad behavior from working with the government. But what exactly is "bad behavior"? That's the big question. A recent proposal wants to ban companies that act unethically. But what does "unethical" mean? The finance department thinks t
In the heart of Lima, a man named Jeferson Castro is turning heads and lifting spirits. He's not your typical taxi driver. Castro dresses as the Grinch, but instead of stealing Christmas, he's giving it away. His taxi, a three-wheeled vehicle, is decked out with lights, a sleigh, and even reindeer.
San Diego County is considering some significant tax adjustments. These changes could lead to more revenue for the government, but they might also leave residents with less money in their pockets. Let's explore what's on the table. One proposal involves increasing the sales tax by one cent in the c
