by Michael Hogberg EA | Jul 28, 2022 | Enforcement Updates
July 28, 2022 Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that Deron D. Freeman, of Glastonbury, was sentenced today by U.S. District Judge Victor A. Bolden in Bridgeport to 24 months of imprisonment, followed by one year...
by Michael Hogberg EA | Jul 28, 2022 | Enforcement Updates
July 28, 2022 Gov. Jim Justice issued the following statement today after the West Virginia House of Delegates voted bipartisanly to pass his proposal to permanently reduce the state’s personal income tax by an aggregate of 10%: “I thank Speaker Roger Hanshaw, Finance...
by Michael Hogberg EA | Jul 28, 2022 | State Tax
July 28, 2022 More than 240,000 employees work in South Carolina’s agribusiness industry, which has an annual impact of more than $46 billion, according to the state’s Department of Agriculture. Those businesses include at least 25,000 farms as well...
by Michael Hogberg EA | Jul 28, 2022 | Enforcement Updates, State Tax
July 28, 2022 New Mexico businesses are reminded that the statewide Gross Receipts Tax rate dropped from 5.125% to 5% on July 1, 2022. As a result, most rates that businesses must collect and remit have changed, as well. Governor Lujan Grisham brought Republicans and...
by Michael Hogberg EA | Jul 28, 2022 | State Tax
July 28, 2022 House Bill 1691 of the 2022 Legislative Session was signed into law on April 14, 2022. This bill established an act to allow any partnership, S corporation or similar pass-through entity to elect to be taxed as an “electing passthrough entity” for state...