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Iowa's flat income tax will go into effect in 2025 tax year
The Center Square· 3 days agoLawmakers passed a tax package that reduced income taxes while gradually moving toward the flat tax....
Iowa Gov. Kim Reynolds signs 3.8% flat income tax into law
Quad-City Times· 3 days agoThe law, Senate File 2442, builds on a tax overhaul Reynolds signed in 2022, which set Iowa’s tax...
Kelly to call special session after Kansas lawmakers adjourn without tax cuts she’ll sign
Kansas City Star via Yahoo News· 3 days agoGov. Laura Kelly has voiced concerns with the cost of the Legislature’s recent tax plans, which she...
How a non-dom shake-up risks triggering ‘a second Brexit moment’
The Telegraph via Yahoo Finance· 6 hours agoWhen Jeremy Hunt announced plans to scrap non-dom tax status, the Chancellor said the change would...
Iowa Governor Signs Bill Accelerating Move to New Flat Tax Rate
Bloomberg Law· 3 days agoGov. Kim Reynolds (R) signed legislation Wednesday that accelerates the personal income tax revamp initiated in 2022, transitioning the state from a tiered tax< ...
Will Kansas have major tax cuts in 2024? Lawmakers fail to override Laura Kelly veto
The Topeka Capital-Journal via Yahoo News· 5 days agoRepublicans and governor haven't been on same page on tax cut ideas Tax cuts were the top priority...
Tax Cuts Pass In Multiple States In April, With More In Store For May
Forbes· 4 days agoThe legislation recently approved by lawmakers in Des Moines will bring Iowa’s flat income tax rate...
Amid budget decrease, jump in Lyme property values influences mill rate
The Day· 3 days agoLyme ― The Board of Finance on Tuesday approved the $12.4 million proposed 2024-25 budget with a projected tax rate increase of about 1.3%. The budget ― which includes town operations and capital expe...
Estate Planning for the Business Owner Series, Part 3: Examples of Business Transfers and Valuations...
JD Supra· 1 day agoLet’s further assume that the effective income tax rate on the sale of the business is 30 percent, and the client has $13 million of gift/estate tax exemption ...
Trump Advisors Battle for Sway on Taxes, Fed Policies | ThinkAdvisor
ThinkAdvisor· 5 days agoTrump...rates in passing conversations with advisers, he hasn’t voiced support for specific ideas to...