Apex Tax Lab

Capital

Does Your State Levy a Capital Stock Tax? States can better position themselves for success by moving away from economically-damaging taxes like the capital stock tax.

A property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable, like vehicles and equipment. Property taxes are the single largest source of state and local revenue in the U.S. and help fund schools, roads, police, and other services.

Check out Tax Proposals for your own State

State Rundown 3/23: A Spring Awakening of Tax Proposals As nature bursts into life and color with the arrival of spring, state tax proposals are doing the same as the legislative seeds planted by lawmakers earlier this year start to grow, blossom, and in some cases rot. However, some governors are not entirely happy with what state lawmakers have produce...

IRS Announces 2024 Increases...

IRS Announces 2024 Increases for ACA Employer Shared Responsibility Penalties Rev. Proc. 2023-17 (Mar. 9, 2023) Available athttps://www.irs.gov/pub/irs-drop/rp-23-17.pdf The IRS has announced 2024 indexing adjustments to the applicable dollar amount used …