Tax-Free Dream Or Costly Nightmare? The Truth About Living In States With No Income Tax Ditching income taxes sounds like a dream for many Americans, and the nine states offering that see their fair share of interest. Although you may initially keep more of your paycheck, the story doesn’t end there. These states often make […]
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Trump is proposing to make tips tax-free. What would that mean for workers?
WASHINGTON (AP) — Former President Donald Trump’s new proposal to exclude tips from federal taxes is getting strong reviews from some Republican lawmakers, though major questions remain about the impact of the policy and how it would work. What’s certain is that a change in the taxation of tips would affect millions. The U.S. Bureau […]
Ohio tax-free weekend extended to 10 days: What you should know
This year’s sales tax holiday has been extended to 10 days, a spokesperson from Ohio Governor Mike DeWine’s office said. The annual holiday will start at midnight on Tuesday, July 30, and last until 11:59 p.m. on Thursday, August 8. >> Local Amazon facility remains closed after Saturday night fire According to the spokesperson, shoppers […]
Tax-free holiday provides savings, peace of mind before storm hits
In Florida, the time to prepare for hurricane season is now. Despite the beloved moniker, the Sunshine State is prone to unpredictable and sometimes severe weather, especially in the summer. Scott Shalley Just recently, North Florida experienced record rainfall with severe thunderstorms and tornadoes, damaging homes and offices and leaving more than 200,000 households without […]
Looking to buy a generator? Stock up on emergency supplies on tax-free weekend in Texas
Texans have a chance to stock up on essential household supplies without paying as much as 8.25% in sales tax. This weekend, from Saturday to Monday, is the emergency preparation supplies sales tax holiday in Texas, when residents can purchase certain items tax-free. The holiday is tied to preparation for natural disasters over the year […]