New York Division of Tax Appeals Finds Owner Personally Liable for Sales Tax The New York Division of Tax Appeals recently issued a decision that serves as a warning to business owners who fail to comply with their sales tax obligations. The case involved a business owner who was found personally ...
Tax News (3)
The Discount Window lending is at levels not seen since the Great Recession, with banks borrowing billions of dollars in order to shore up their balance sheets and maintain sufficient liquidity.
Evolved, LLC has recently undergone an exciting rebranding effort, and we are thrilled to unveil our new look and feel. Our new website, evolvedtax.com, showcases our refreshed brand identity and updated offerings. In this blog post, we’ll take a closer look at our rebranding journey and what it ...
Much to the dismay of taxpayers in high-tax states, 2017’s Tax Cuts and Jobs Act created a $10,000 cap on an individual’s itemized state and local tax (SALT) deductions. In response to this limitation, 27 states, including California, New York, New Jersey, and Connecticut, have implemented ...
Recently, the Biden administration launched the application process for most student loan borrowers to have up to $20,000 of their education loans forgiven. While qualifying individuals can be assured the amount of debt forgiveness won’t be taxed on their federal tax returns, not all states have ...