There’s some tax relief on the way for Idaho. As the legislature closes out its session, Idaho’s new tax legislation promises deliver some much needed easing of Idahoans current tax burden. Here’s how it breaks down. Continue reading Idaho’s New Tax Legislation Broken Down
Tag Archives: Income Taxes
Will We See More New Jersey Taxes In 2018?
New Jersey taxes are already among the highest in the country. The state boasts the highest property tax rate, the 8th highest gas tax rate, and the 5th highest state income tax rate. However, Governor Murphy now wants to raise more state money in the form of taxes. Continue reading Will We See More New Jersey Taxes In 2018?
Local Taxes In DC To Raise After Recent Federal Overhaul
Recent changes to the federal tax structure will have an immediate impact on residents of Washington DC and Virginia. While the overall tax burden for those living in the nation’s capital will go down, local taxes in DC will increase. Continue reading Local Taxes In DC To Raise After Recent Federal Overhaul
Colorado Child Care Tax Credit Faces An Uncertain Future
The cost of living in Colorado is on the rise. To combat this, state representatives have unveiled a possible solution. The Colorado Child Care Tax credit proposes to expand the state’s existing child care tax credit by an estimated $14 million. Whether it passes is uncertain. Continue reading Colorado Child Care Tax Credit Faces An Uncertain Future
Are States With No Income Tax Better For You?
For individuals living in high tax states such as California, New York, or Connecticut; states with no income tax may seem like a mythical beast. Could such a wonderful land actually exist? They do, and there are plenty of them. However, before you decide to pick up and move to one of these bastions of economic freedom, there are a few things to consider. Continue reading Are States With No Income Tax Better For You?
The Florida Tax Haven Is Looking More Enticing Now
Florida has always been a popular destination for individuals looking to escape high-tax states. However, with the new tax overhaul set to take effect, the Florida tax haven is looking even more enticing now. Continue reading The Florida Tax Haven Is Looking More Enticing Now
More People Moving Out Of Vermont Than Moving In
There’s a lot of residents moving out of Vermont these days. In 2016, the state lost 16,500 residents to other states. Taxes are partially to blame, but the trend is somewhat troubling. Vermont has seen a net loss of residents for the past 10 years. Continue reading More People Moving Out Of Vermont Than Moving In
Ready To Be Shocked? The Poorest State In The Country Is……
The results are in and they may shock some. While each state has its share of poverty, one state is the worst. Despite problems in Detroit in recent years, or the declining economies in rural states: the poorest state in the country is California. Continue reading Ready To Be Shocked? The Poorest State In The Country Is……