Tax & Accounting Blog

Kentucky’s ‘Blue Ribbon Commission on Taxation’ is on the Clock

Kentucky’s ‘Blue Ribbon Commission on Taxation’ is on the Clock

Kentucky Gov. Beshear’s “Blue Ribbon Commission on Taxation” is due to deliver a finalized report of its recommendations for updating the state tax code. The Commission has held 14 hearings during the year, which included testimony from business leaders, tax experts, and other citizens. The Governor has acknowledged that passing a comprehensive tax reform within … Read More

Foreign Nationals: Resident Alien or Nonresident Alien and Why It Matters: Part 5 – Resident or Nonresident Alien

Foreign Nationals: Resident Alien or Nonresident Alien and Why It Matters: Part 5 – Resident or Nonresident Alien

Foreign nationals are nonresident aliens for U.S. income tax purposes unless they meet one of two tests: 1) the U.S. lawful permanent resident test (also called the green card test) or 2) the substantial presence test. Foreign nationals who change immigration status during the calendar year, or who first enter the U.S. after January 1, … Read More

December Sales and Use Tax Rate Changes

December Sales and Use Tax Rate Changes

December did not have a lot of changes, but we did implement new auto rental authorities and/or rates throughout several more states this month. Below you can reference a selection of the changes that took effect in December 2012: Rate Changes: Alabama: Dallas County 1.5% (Sales & Use), 0.75% (Agricultural and Auto), 1.25% (Manufacturing) – RDS has changed the … Read More