The Utah Clean Energy Credit (RESTC) is available for homeowners installing solar PV, wind, geothermal, biomass, or renewable thermal systems. It is not available for residential batteries and fuel cells. The credit is worth 30% of the system costs and can be carried over to following years. The credit is limited to one per residence. … Read more
The form is available online at the Department of Revenue website. It requires a number of pieces of information, including the legal name of the business and its physical address. It is also necessary to provide contact details and ownership information. The information you provide on the JT-1 form will become part of your official … Read more
If you work in the state of Georgia, you must file a G4 form with your employer to report state income tax. You can complete the form on your computer or by hand. Once you have completed the form, sign it and send it to your employer. You can also submit it online through the … Read more
Almost three-quarters of a million Arizona families could soon have extra cash in their pockets thanks to a tax rebate plan Republican lawmakers pushed into the state budget earlier this year. However, the Internal Revenue Service says they’ll need to report this Arizona Family Tax Rebate money as income when they file their federal returns … Read more
Alabama’s Affidavit of Warship, Next of Kin, or Descent establishes the rightful heirs of an estate when someone dies without leaving a will. This document provides a clear path for distributing property and helps avoid disputes and confusion over who deserves what. It is typically filed during the probate process. The affiant must present to … Read more
If you are a freelancer or an independent contractor, you should be aware of the California self-employment tax that you must pay. This tax is collected on a quarterly basis, and it covers Social Security and Medicare taxes. In addition to the standard 15.3% rate, there is a separate 2.9% levy for Medicare. This levy … Read more
From mansion tours in Newport to beaches on Block Island, Rhode Island has plenty of things to keep seniors active. Medicare beneficiaries in the state can rely on many resources to help them choose the right plan for their needs. This includes Medicare Advantage plans, which combine Part A and Part B into a single … Read more
Generally, any individual or business that transports passengers for a fee on any means of conveyance (limousine services, airlines, tour buses) is required to obtain a carrier license. These carriers may furnish alcohol to their passengers onboard for consumption, but they must purchase it from a licensed wholesaler or retailer. Additionally, a winery that ships … Read more
Texans are fortunate to live in a state with low business taxes, which helps businesses keep more of what they earn. This is one of the reasons that entrepreneurs favor forming their businesses in Texas, and why the state ranks high in terms of its business environment. However, despite the relatively low tax rates, there … Read more
If a non-resident earns income in Vermont, they will have to file a state tax return and pay taxes on the wage income. This is the same as if they earned the income in New York. However, the non-resident will not have to report interest income to the state of Vermont. Non-residents must also pay … Read more