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

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Tax Information Reporting Newsletter – July 2013

Welcome to another edition of our ONESOURCE Tax Information Reporting Bulletin. With another successful tax season behind us, we now go forward in our quest to make the next one even better! We recognize the difficulty in keeping up with numerous current developments, announcements, and regulations especially as they occur during the heat of tax … Read More