Most small businesses are set up to "pass through" income. If you're a sole proprietor or run an S corporation, your business doesn't pay taxes. Instead, the money passes through to you, and you ...
The great thing about working for someone else is that it saves you time on tax prep. Your taxable income, Social Security and Medicare taxes are all figured out on your federal W-2 form. Figuring out ...
Anti-tax groups mounted a pre-emptive strike Tuesday on any solution to the state’s $1.6 billion budget shortfall that includes a new gross receipts tax on Oregon businesses. The group is acting ahead ...
The Burlington, Vermont, City Council approved a change to the city’s gross receipts tax, which some councilors called a regressive move. The council’s Ordinance Committee proposed a temporary ...