state tax – Kenneth Athon Tax Strategies

Student Loan Forgiveness = State Income

According to the Tax Foundation, as quoted by Forbes Magazine, 13 states could treat President Biden’s student loan forgiveness initiative as taxable income to borrowers. The states are Arkansas, Hawaii,…

Sales tax and Use tax explained

1 Jun 20216 May 2021

State law allows the state to collect sales tax on most goods and many services. If you make a purchase without paying state sales tax, then the purchase is subject…