Tax & Accounting Blog

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Kentucky Outlining Plan to Eliminate Income Taxes

2011 gubernatorial candidate David Williams has released a plan that would eliminate state personal and corporate income taxes in Kentucky in order to spur job growth.  Williams’ plan currently doesn’t propose an alternative to the income tax, but under his plan a commission would develop a new structure.  Some reforms discussed include giving counties the … Read More

Proposed Jobs Act Includes Provision Delaying Implementation of Law Requiring 3% Withholding

Proposed Jobs Act Includes Provision Delaying Implementation of Law Requiring 3% Withholding

The President’s Jobs Act Includes a Provision to Delay Implementation of the Law Requiring 3% Withholding by Government Payers for Goods and Services   The American Jobs Act of 2011 proposed by the President includes a wide range of tax cuts, tax credits, state funding assistance, infrastructure and property rehabilitation projects – and tucked away near … Read More