009 No Payroll Tax Holiday Replacement

IN Episode 9 of the podcast:

IRS extends the tax filings for people in the NY, CT, and NJ counties hit hard by Hurricane Sandy to February 1, 2013

Administration denies the rumor of a replacement tax for the Payroll Tax Holiday (Social Security 2% Cut)

TN – Property Taxes can’t be exempt as an incentive for companies to come to TN according to the Attorney General

NJ – Partners in limited partnerships or LLCs do not have liability or nexus if the partners are not located in NJ

Chicago – The 5 cent bullet tax is dropped, a $25 gun levy to fund a gun court. 

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