AROUND THE TAX WORLD Archives - Think Outside the Tax Box

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Around the Tax World- January 09, 2025

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In The Headlines The S&P 500 has its worst performance in over 70 years in the stretch between Christmas Eve and New Year’s Eve.

What’s New In The Tax World?The newly-minted Department of Government Efficiency may take an axe to the IRS.

State-By-State UpdatesKansas legislators will battle it out over new property tax cuts.

Tax Planning TipsTaxpayers in these nine states will see an income tax reduction starting this year.

Around the Tax World- January 09, 2025 Read More »

Around the Tax World- November 22, 2024

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In The Headlines Biden rushes to roll out his chip manufacturing program—will Trump reverse it?
What’s New In The Tax World?Saying hello to the next Trump administration may mean goodbye to Biden’s EV tax credit.

State-By-State UpdatesCalifornia may up its tax credit offerings to the film and television industry.

Tax Planning TipsWill overtime pay taxes disappear under the Trump administration? And how much will that impact workers?

Around the Tax World- November 22, 2024 Read More »

Around the Tax World- November 7, 2024

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In The Headlines -Starbucks wants to win you back—with simpler menu offerings and lower prices
What’s New In The Tax World?Is the elimination of federal income tax a real possibility?

State-By-State UpdatesCalifornia may up its tax credit offerings to the film and television industry.

Tax Planning TipsWhat happens if the Tax Cuts and Jobs Act provisions expire? You can prepare today for the future of your estate.

Around the Tax World- November 7, 2024 Read More »

Around the Tax World October 24, 2024

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In The Headlines -Amazon will be delivering something new this fall—your 2024 election news

What’s New In The Tax World? The Trump campaign touts ten tax cut promises, not including the ongoing conversation about tariffs

State-By-State Updates Coloradans can vote on a number of tax-centric measures, including a tax increase to fund affordable housing.

Tax Planning Tips A proposal to fund Social Security benefits could mean a higher tax for high-income earners

Around the Tax World October 24, 2024 Read More »

Around the Tax World October 8, 2024

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In The Headlines -Has Visa created a monopoly in the debit card market? The U.S. Department of Justice says it has.

What’s New In The Tax World? -The presidential tax policy face-off continues: Harris turns her attention to manufacturing tax breaks while Trump continues his emphasis on tariffs

State-By-State Updates -Louisiana may see an automatic income tax cut in 2026.

Tax Planning Tips – Tax-sheltered savings accounts can provide a simple way to build wealth.

Around the Tax World October 8, 2024 Read More »

Around the Tax World – August 27, 2024

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In The Headlines – Could Elon Musk be on the next presidential Cabinet?

What’s New In The Tax World? – Harris and Trump disagree on corporate tax rates but agree on eliminating federal taxes on tips

State-By-State Updates – Colorado voters have a big decision to make: lower taxes or more affordable housing?

Tax Planning Tips -A higher child tax credit may be on the horizon for lower income families.

Around the Tax World – August 27, 2024 Read More »

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