by Michael Hogberg EA | Jun 8, 2022 | State Tax
June 8, 2022 Beginning July 1, 2022, the town of Gary is amending their municipal tax rate from 1% to 2%. In addition, they are also implementing a new municipal gross receipt tax rate from 0 percent to 1 percent. The municipal gross receipts tax will be applied...
by Michael Hogberg EA | Jun 8, 2022 | State Tax
June 8, 2022 South Carolina Department of Revenue (SCDOR) agents today arrested a Richland County businessman and charged him with six counts of tax evasion. Ronnie L. Dozier, 53, of Hopkins, operated Intimate Elements, LLC in Richland County. From 2016 through 2021,...
by Michael Hogberg EA | Jun 8, 2022 | Enforcement Updates
Wednesday, June 8, 2022 The United States has filed a complaint in the U.S. District Court for the Southern District of Florida seeking to bar three Miami tax return preparers from owning or operating a tax return preparation business and preparing federal income tax...
by Michael Hogberg EA | Jun 7, 2022 | State Tax
June 7, 2022 It’s officially garage sale season! Early risers on the weekend are excited and ready to find some treasures on the cheap! So, do sellers have to collect tax on the items they sell? According to state law, a garage sale, rummage sale or similar sale is...
by Michael Hogberg EA | Jun 7, 2022 | Enforcement Updates
June 7, 2022 The Internal Revenue Service today said that a recent court decision upholds its long-standing position regarding abusive microcaptive insurance transactions. Taxpayers should be alert to these schemes, normally peddled by promoters, as they will...