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Tag Archives: Taxes
How High Are Cigarette Taxes in Your State?
Cigarette taxes around the country are levied on top of the federal rate of $1.0066 per 20-pack of cigarettes. As of 2016, taxes accounted for almost half of the retail cost of a pack of cigarettes. On average, states charge $1.73 of … Continue reading
Florida Should Reevaluate a Proposal to Extend Rental Car Excise Taxes onto Peer-to-Peer Car Shares
Last week, the Florida State Senate Committee on Infrastructure and Security approved Senate Bill 1148 by a 5-3 vote. The bill makes peer-to-peer car sharing firms liable for the state’s $2 per day rental car excise tax and related taxes … Continue reading
On Gas Taxes, Kentucky Kicks the Can Down the Road
Kentucky’s 2019 regular legislative session ended Thursday without progress on infrastructure funding. House Bill 517, a comprehensive infrastructure funding bill, died without a vote. Similar legislation was introduced in 2018 but likewise did not receive a vote. House Bill 517 … Continue reading
Bankruptcy and Taxes
What Bankruptcy Can & Cannot Do For Federal Tax Debt If you have federal tax debt, you may be wondering if filing for bankruptcy can do anything to help your situation. You may have even heard commercials offering the hope … Continue reading