Tax & Accounting Blog

Minnesota, North Dakota, Wisconsin: Income Tax Changes Affect Retirement and IRA Distributions

Minnesota, North Dakota, Wisconsin: Income Tax Changes Affect Retirement and IRA Distributions

Minnesota, North Dakota and Wisconsin have enacted personal income tax rate and bracket changes that are retroactive to January 1, 2013. Withholding on qualified retirement plan and IRA distributions is voluntary for all three states, but where the payer withholds, the withholding tables or formula method are used to determine the amount for Minnesota and … Read More

Clark County, Nevada Sheriff Pushing “More Cops” Sales Tax Increase

Clark County, Nevada Sheriff Pushing “More Cops” Sales Tax Increase

In Nevada, Clark County’s Sheriff Doug Gillespie is lobbying the seven County Commissioners for a .15% sales tax increase throughout the county to fund additional police officers and also avoid next year’s potential layoffs. Las Vegas’s Metropolitan Police Department is looking at a $30 million deficit, which will eventually cause a … Read More

Wausau, Wisconsin Alderman Pushes For Cities’ Right to Own Public Transit Sales Tax Across State

Wausau, Wisconsin Alderman Pushes For Cities’ Right to Own Public Transit Sales Tax Across State

Wausau Alderman Keene Winters is proposing to the Wisconsin State Legislature that the state’s cities, towns, and villages be able to levy their own sales taxes to fund public transit systems. Alderman Winters has been campaigning door-to-door for support of his proposal, but the state legislature will have to pass the law allowing the local … Read More