Harris Touts Small Business Tax Deductions That Mimic Republican Proposal She Once Voted Against
Vice President Kamala Harris on Wednesday added a proposal to expand tax credits for small businesses to her campaign platform, despite having voted against a similar bill as a U.S. senator. While campaigning outside Portsmouth, New Hampshire, Harris proposed increasing the small business tax credit from $5,000 to $50,000. According to CBS News: The Democratic […]
ADOR: 2022 Standard Deductions and Key Tax Changes
Phoenix, Arizona—The Arizona Department of Revenue would like to inform taxpayers of the annual adjustments to Arizona’s standard deduction, new tax credit, and reduced small business income tax rate for the 2022 tax year. The 2022 tax year adjustment is generally used for tax returns filed in 2023. Due date for calendar year filersApril 15, […]