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How to File Income Tax Return: Tax Filing Preparation Guide 2022

Snyder

What is income tax? Income tax is one of the most common kinds of taxes for business in the USA. However, many business owners still feel confused when faced with the avalanche of the legal income tax definition and requirements. Income tax calculations are reflected in the business tax return.

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Are Interstate Telecommuters During COVID-19 a Sales Tax Liability for Your Company?

ThomsonReuters

In response to the fluid and uncertain situation that many businesses are facing, Checkpoint Catalyst conducted a comprehensive survey of state tax agencies to find out how individual states are managing tax issues related to COVID-19 worker displacement.

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Report highlights disparities in state UI taxes, expert provides insights on managing UI liabilities

ThomsonReuters

States with the most competitive UI tax systems, such as Delaware, Arizona, Nebraska, Kansas, and Missouri, typically have lower tax rates, wage bases closer to the federal level, and simpler experience formulas. Caution with UI tax strategies However, Fader cautioned employers about some tax strategies to lower UI tax bills.