Kentucky Property Tax serves as a critical source of funding for essential local services including schools, public safety, and infrastructure. Understanding how these taxes are levied and distributed across the state’s counties is key to appreciating their impact on local communities and the overall economic health of the region. Kentucky’s property tax system is designed … Read more
An Illinois Sales Tax Permit, or a Retailers’ Occupation Tax Permit, is a state-issued authorization allowing businesses to collect sales tax on taxable goods and services sold within Illinois. This permit is essential for any business engaging in retail sales, ensuring compliance with state tax laws. The primary purpose of the Illinois Sales Tax Permit … Read more
Connecticut has several Medicare Advantage plan options, including health maintenance organizations (HMOs), preferred provider organizations (PPOs), and private fee-for-service plans. Each has its own network of healthcare providers and offers varying levels of flexibility. You can use our Medicare Advantage plan comparison tool to find your best option. The state also offers a Medicare Savings … Read more
In order to grant someone power of attorney for tax matters, you must file Georgia Form RD-1061. This form authorizes an individual or individuals to represent the taxpayer before the Georgia Department of Revenue and to access confidential information on behalf of the taxpayer for specified tax matters and periods. Georgia Form RD-1061 allows a … Read more
For many Ohio Medicare beneficiaries, where they live may significantly impact their care. This is especially true for those who receive both Medicare and Medicaid through MyCare Ohio, a program designed to offer one point of contact, person-centered services, and a seamless, integrated experience. Many Ohio Medicare recipients also qualify for help paying their premiums … Read more
Federal tax refunds are typically issued within 21 days of electronic filing and less than one week for paper returns. However, state tax returns operate a bit differently. The Delaware Division of Revenue requires that returns be thoroughly reviewed before a refund is approved and disbursed, which can lead to delays in processing. The Division … Read more
Montana is one of the few states that does not impose a state sales tax. However, it does levy other business taxes, including withholding tax, lodging tax, and alcoholic beverage tax. Additionally, some local resort communities impose their own local option sales taxes. The lack of a sales tax can provide significant competitive advantages for … Read more
If you live in Minnesota, you may be required to pay state income tax. Minnesota State Income Tax rate ranges from 5.35 percent to 9.85 percent, depending on your filing status and taxable income. The rate is based on your adjusted gross income, which is the income you report after subtracting deductions and exemptions. Minnesota … Read more
Income taxes are most individuals’ largest annual expense, and they have become the focus of much debate in recent years. A new law passed this year in the DOR will consolidate current Iowa State Income Tax rates and brackets, resulting in a flat 3.9 percent rate beginning next year. The average household with $10,000 or … Read more
If you work in Idaho, the state requires that your employer withhold Idaho income tax from your paycheck. The amount withheld depends on your filing status, how many Idaho withholding allowances you claim, and your payroll frequency. To calculate the correct withholding, use the Idaho income tax chart for the year you’re submitting your return, … Read more