News & Analysis as of September 19, 2024

Income Taxes › Veterans

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Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -

Gold Dome Report - Legislative Day 28 - March 2024

Nelson Mullins Riley & Scarborough LLP on 3/1/2024

Thursday carried several distinctions under the Gold Dome. It was Leap Day, the quadrennial opportunity to celebrate those born on Feb. 29. It was Crossover Day, the day we all have to explain to our significant others each...more

Taxation & Representation - June 2019 #3

Brownstein Hyatt Farber Schreck on 7/3/2019

TAX TIDBIT - Five Takeaways and a Falsehood: Test Your Knowledge of the Ways and Means Tax Markup - On Thursday, the House Ways and Means Committee marked up and approved the following four bills, largely along...more

Recent Alabama Tax Legislative Developments

Bradley Arant Boult Cummings LLP on 3/20/2018

Many predicted that the 2018 regular session of the Alabama Legislature would be less eventful than in years past since members of the House of Representatives and Senate are up for re-election this year, and most lawmakers...more

Military Disability Benefits May be Wrongfully Taxed by the IRS

Dentons on 11/11/2016

To help reduce the tax burden of those who bravely serve our country, the Internal Revenue Code provides that a pension, annuity, or similar allowance for personal injury or sickness resulting from active service in the armed...more

Pennsylvania Tax Changes and Tax Amnesty Program

Ballard Spahr LLP on 8/4/2016

As part of the budget package, the Pennsylvania General Assembly made many significant changes to various Pennsylvania tax laws and the unclaimed property law (including a tax amnesty program) that are estimated to generate...more

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