Now, California Can Assess Taxes No Matter Where You Live...Really (Forbes) - The stateâs Franchise Tax Board is the state income tax collector, and it has a fearsome reputation. Most tax lawyers will tell you that they would much rather fight the IRS than Californiaâs FTB any day of the week. ...But can you truly be outside of California and still face California taxes? A recent decision says you can.
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Lesson From The Tax Court: § 280E Does Not Violate The Eighth Amendment (TaxProf Blog) - There, the IRS had audited the taxpayerâs marijuana business and said §280E disallowed deductions otherwise allowable by §162, et. seq. The taxpayer argued the denial of deductions was a punishment. Not only that, it was a punishment that violated the Eighth Amendmentâs...
The Tax Benefits of EFTPS for Small Businesses (CPA Practice ASmall business owners who are employers can get many advantages from using the IRS Electronic Federal Tax Payment System, which has features that can help them in meeting their tax obligations.dvisor) -
10 States With the Lowest Gas Taxes (Kiplinger) - For those of us who usually drive, seeing the price of gas on any given day can either make us want to take the long way home or wish we had access to public transportation. The state you live in (or, buy gas in) can affect how much you feel that cruising feeling, thanks to fuel taxes.