Most small businesses are set up to "pass through" income. If you're a sole proprietor or run an S corporation, your business doesn't pay taxes. Instead, the money passes through to you, and you ...

BATON ROUGE – A key part of Gov. John Bel Edwards’ tax plan quietly was introduced to the House on Monday in the form of House Bill 628 by Rep. Sam Jones, D-Franklin, which would place a tax on gross ...

When filing taxes, whether as a business owner or as an employee, you may come across the term "gross tax." The amount of gross tax you pay is typically calculated based on the total amount of money ...

The Virginia Department of Taxation has issued a ruling that addresses the question “does the receipt of a PPP loan and its possible forgiveness constitute gross receipts for purposes of the Business, ...

A bank does not have domestic production gross receipts for purposes of the Sec. 199 domestic production activities deduction when customers download its free mobile phone app. In a generic legal ...

We led off the broadcast with the Biden Tax Plan and how it might affect farmers. We will likely do an Ag Insights on the his tax plan at a later date but this is a good start on how it may affect you ...