AROUND THE TAX WORLD Archives - Think Outside the Tax Box

AROUND THE TAX WORLD

See what’s happening around the world of tax!

Around the Tax World – June 11, 2024

In The Headlines – Spotify is upping their subscription costs—and stock investors are responding favorably.

What’s New In The Tax World? – Republicans hustle to assemble a new tax package in preparation for the election.

State-By-State Updates – California lawmakers are debating where online sales tax revenue should be funneled.

Tax Planning Tips – Do you qualify for an automatic extended tax filing deadline of June 17th? Make sure you understand which rules apply for you.

Around the Tax World – June 11, 2024 Read More »

Around the Tax World – May 28, 2024

In The Headlines – Ryan Reynolds turns his entrepreneurial energy toward the world of sports.

What’s New In The Tax World? – The IRS is cracking down on large partnerships and companies are evaluating how to prepare.

State-By-State Updates – California is poised to become the first state to levy an excise tax on guns and ammunition.

Tax Planning Tips – The list of vehicles that qualify for the EV tax credit is constantly shifting—which ones qualify now?

Around the Tax World – May 28, 2024 Read More »

Around the Tax World – May 8, 2024

In The Headlines – The Biden administration faces another lawsuit battle against the Chamber of Commerce. The topic? Non-compete clauses.

What’s New In The Tax World? – New guidelines for clean energy tax credits will impact electric vehicles, aviation fuel, and monetization of tax credit transfers.

State-By-State Updates – Colorado approves a tax reform package that includes changes to income tax, sales tax, and state revenue refunds.

Tax Planning Tips – Biden’s proposal to tax unsold assets is met with pushback.

Around the Tax World – May 8, 2024 Read More »

Around the Tax World – April 25, 2024

In The Headlines – Samsung edges out Apple as the top phonemaker worldwide.

What’s New In The Tax World? – Biden publicly releases his tax returns as presidential candidates continue the conversation on tax policy

State-By-State Updates – Californians living in San Diego county get an extended tax deadline

Tax Planning Tips – Could the expanded Child Tax Credit still manifest in 2024?

Around the Tax World – April 25, 2024 Read More »

Around the Tax World – March 21, 2024

In The Headlines – Will the U.S. become a TikTok-free zone?.

What’s New In The Tax World? – A $78 billion tax bill passes the House but hits walls in the Senate

State-By-State Updates – Colorado residents may be eligible for an $800 refund this tax season.

Tax Planning Tips – Is your property tax bill astronomical? Consider whether you can appeal your property tax assessment.

Around the Tax World – March 21, 2024 Read More »

Around the Tax World – March 7, 2024

In The Headlines – H&R Block and TurboTax have been accused of “deceptive advertising” by the FTC.

What’s New In The Tax World? – The IRS levels up on cryptocurrency tax compliance with the help of two former crypto executives.

State-By-State Updates – Kansas shuts down a $1.6 billion tax cut package including a flat income tax rate of 5.25%

Tax Planning Tips – Planning your retirement? Consider these states with the lowest tax rates.

Around the Tax World – March 7, 2024 Read More »

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