On the November 5, 2024 ballot, San Francisco voters passed Proposition M by a wide margin of 69% to 31%. Effective January 1, 2025, Proposition M adopts significant changes to the San Francisco gross receipts taxes,...more
New Jersey recently enacted the “Pass-Through Business Alternative Income Tax Act,” which allows pass-through businesses with at least one member liable for the New Jersey gross income tax to make an election to pay income...more
2/10/2020
/ Business Taxes ,
Corporate Taxes ,
Income Taxes ,
Local Taxes ,
Pass-Through Entities ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Rates ,
Tax Reform
Companies with ads on New York’s billboards may find that tax collectors are their first customers.
New York City imposes a little-known commercial rent tax on tenants renting commercial premises in Manhattan, south of...more
Qualified manufacturers subject to the New York State Business Corporation Tax may now pay no tax on business income earned in New York....more