Tag Archives: dsjcpa
New York Surpasses Half Billion in Mobile Sports Wagering Tax Revenue
New York Gov. Kathy Hochul recently announced that New York State has collected $542 million in tax revenue since the state began allowing online wagering in early January. These numbers are more than any state in the nation during that … Continue reading
Small Businesses are Using Zelle for Tax Loophole
Over the past year, it is becoming more common for small businesses to no longer accept 3rd party payment options like Venmo, Cash App, and PayPal; however, a lot are still accepting Zelle. The reasoning for this is that … Continue reading
New York Medical Marijuana Dispensaries Seeking Tax Cut- Recreational Sales Incoming
U.S. Adds 261,000 New Jobs in October, Higher Than Expected
Despite the recent Federal Reserve interest rate increase, which was aimed to slow the job market, October was a strong month for the nation’s labor market. The country saw an increase of 261,000 jobs for the month, however, the unemployment … Continue reading
Biden Addresses Oil Firms – Says He Will Seek Tax on “Windfall” Profits
As the midterm elections are among us, U.S. Gas prices are still extremely high. To address this problem, President Biden stated that he is seeking to charge more taxes on certain oil companies. The oil companies that he seeks … Continue reading
Is the 4% Rule Outdated in 2022?
The 4% Rule is a “Rule of Thumb” used by many people when it comes to retirement planning. Many experts, however, now say it needs an update in 2022. The idea behind the 4% rule is pretty simple, over your … Continue reading
Treasury Dept Announces New Series I Bond Rates
The U.S. Department of the Treasury this past Tuesday released an announcement that Series I bonds will now be paying 6.89% annual interest through April of 2023, down from the previous rate of 9.62% that had been offered since May. … Continue reading
Powerball Jackpot Hits $1 Billion, How Much Would The Lucky Winner Take Home?
For the 2nd time in its 30-year history, the nation’s Powerball jackpot hits over 10 figures! Whoever is lucky enough to land this massive jackpot will be looking at a considerably smaller payout than advertised. The payout varies depending … Continue reading
Huge Tax Break for Business Machinery – Must Act Fast
The 2017 tax-code overhaul has left behind quite a lucrative benefit, which is set to start being reduced in 2023. While most people rely on the classic gift or charity write-off, the end of this year is presenting people … Continue reading
Application Period Now Open for $250 million Tax Credit Program
New York Governor Kathy Hochul has recently announced that applications are now being accepted from small businesses so long as they have completed the pre-screening process to become certified for the COVID-19 Capital Costs Tax Credit Program. This program supports … Continue reading