Colorado Pot Tax Revenue Less than Expected
Colorado's lower taxes on medicinal marijuana are hindering projected tax revenue from recreational pot sales, according to a recent study released by the state's Department of Revenue.
Colorado's lower taxes on medicinal marijuana are hindering projected tax revenue from recreational pot sales, according to a recent study released by the state's Department of Revenue.
According to a new report by the agency that oversees the nation's taxing authority, records at the Internal Revenue Service (IRS) indicate that while the majority of tax-exempt organizations are in compliance with all of their obligations, those that do not often are significantly delinquent on payroll taxes.
Newtek's Total Financing Through Capital One, N.A. to Reach $70 Million
The Internal Revenue Service says that fishermen in the Northeast U.S. who received fishery disaster funds may have to pay federal tax on that relief assistance if it's used to replace lost income.
The accounting and advisory firm CohnReznick LLP recently raised more than $105,000 at its 13th annual employee Bowl-A-Thon, which benefits Make-A-Wish New Jersey. This brings the total raised for Make-A-Wish by the Firm over the last 13 years through employee fundraising, donations, and raffles to more than $1.45 million.
Michigan Governor Rick Snyder, a credentialed Certified Public Accountant, has received the American Institute of CPA's 2014 Outstanding CPA in Government Impact Award: State Level.
A new tax snag that has hit marijuana stores could cause delays in new openings, higher product prices, and even closures of newly opened stores.
A little-noticed tax case the Michigan Supreme Court decided in July could have huge financial implications for the state -- costing it more than $1 billion.