Wednesday, September 21, 2022

The Fighting Over Online Sales Taxes Isn’t Finished - Route Fifty

Welcome back to Route Fifty's Public Finance Update! I'm Liz Farmer and this week I'm writing about sales taxes. More than four years after the U.S. Supreme Court issued its landmark decision clearing the way for states to collect taxes from online sales, there are still issues to work out.

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Publisher: Route Fifty
Date: 2022-09-20T15:40:00 00:00
Author: Liz Farmer
Twitter: @routefifty
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Bloomberg - Are you a robot?
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Taxes, Inequality And Unemployment Will Weigh On China After Party Congress

Russian President Vladimir Putin, left, speaks to China President Xi Jinping during the Shanghai ... [+] Cooperation Organization summit last Friday. (Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP)

China Communist Party Secretary Xi Jinping is widely expected to get a third five-year term as the country's leader after the upcoming party congress scheduled to start on October 16. What will be some of the key issues to be tackled after?

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Publisher: Forbes
Date: 2022-09-20
Author: Russell Flannery
Twitter: @forbes
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Taxes to climb under revised budget plans | KNOX News Radio, Local News, Weather and Sports

County Auditor Deb Nelson says the General Fund portion of the budget totals over $25.8 million dollars.

Nelson says property taxes will climb 3.18 mills. For the average Grand Forks owner of a $200,000 home the county portion of their property tax bill will increase $28.62.

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Publisher: KNOX News Radio, Local News, Weather and Sports
Author: Doug Barrett
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Tips for Paying Estimated Taxes | Arena | henryherald.com

Get guidance on federal income tax requirements for estimated taxes to accurately pay what you owe.

Many people experience career changes and significant income swings. Often, this meant facing unfamiliar federal income tax requirements, like estimated taxes, which can confuse the newly self-employed. Here are a few tips to help taxpayers avoid mistakes that result in penalties and interest.

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Publisher: Henry Herald
Author: TurboTax
Twitter: @thehenryherald
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EU windfall tax would cost TotalEnergies more than 1 billion euros - CEO | Reuters

French "Spiderman", climber Alain Robert, climbs the TotalEnergies skyscraper in La Defense near Paris, France September 17, 2022. REUTERS/Lucien Libert

A debate is raging in European countries over whether oil companies making record profits because of the energy crisis should pay additional taxes to help consumers cope with soaring inflation.

Publisher: Reuters
Date: 2022-09-21T13:44:11Z
Author: Benjamin Mallet Silvia Aloisi
Twitter: @Reuters
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Coloradans can now use cryptocurrency to pay taxes

Gov. Jared Polis said Coloradans can pay their taxes using cryptocurrency, making good on a plan he announced earlier this year.

“As of right now, the state of Colorado is officially accepting cryptocurrency as a payment option for all taxes,” Polis said. “We’ve been talking about this for a while. We said we would deliver by the end of summer and we have.”

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Publisher: The Denver Post
Date: 2022-09-21T12:00:52 00:00
Twitter: @denverpost
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IRS warns pandemic fraudsters they owe taxes on ill-gotten gains - Washington Times

Commissioner Chuck Retig said the warning is part of the IRS' goal to make sure that "all taxpayers are paying their fair share of taxes."

Publisher: The Washington Times
Date: 5B44585918D69318CA2120B5FA20D85C
Author: The Washington Times https www washingtontimes com
Twitter: @washtimes
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Doctor accused of owing $1.6 million in taxes, indictment says

BATON ROUGE, La. (WAFB) - A Baton Rouge area doctor has been formally charged with tax evasion, according to the U.S. Attorney's Office.

Barrett is a doctor who owned and operated an urgent care clinic known as Stat Care Clinics, L.L.C. d/b/a Central Stat Care, according to the U.S. Attorney's Office.

Publisher: https://www.wafb.com
Twitter: @WAFB
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