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Your Tax Teacher Podcast6Have you ever wanted to start a small home business and had questions regarding estimated payments, employer identification numbers, registration requirements, sales taxes, and reporting revenue and expenses then Episode 51 contains some of the information that you need to get started.  Additionally, in  Episode 51 we cover Federal and State updates including:

Federal:

Budget negations and wealth deductions eliminations discussions

IRS is sending out letters to tax preparers who they think are filing fraudulent EITC returns.

Tax Deadlines approaching

Estimates

State:

MO special rules on Amateur Sporting Events

Colorado’s new 25% sales tax on recreational marijuana  to build schools

Massachusetts is trimming down some of the tax forms included in the Combined Reporting Tax Return (MA U-355)

Wisconsin’s bill to require remote sellers to send out letters to in-state consumers with their purchase information to report use taxes.

Is the Amazon tax headed to the Supreme Court for a decision?

Desert Hot Springs CA is saying they will run out of money by March 2014.  How does that affect you?

Ohio becomes a member of the Streamline sales tax initiative

What U.S. Cities are people moving out of and into?

Massachusetts and tax credit incentives for job creation didn’t work out for one company?

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