by Malah Armstrong | Oct 31, 2022 | Newsletters, The Utah Taxpayer
Utah has long-since prided itself on its status as a tax-friendly state. A recent annual report from the Tax Foundation confirmed that Utah remains one of the top ten states in the nation in terms of tax friendliness for businesses; however, with other states reducing...
by Malah Armstrong | Oct 31, 2022 | Newsletters, The Utah Taxpayer
This election season, there are 25 tax measures on the ballot across 12 states, as well as numerous local and district tax issues. Although Utah doesn’t have any state-wide tax propositions, there are many bonds on local ballots which have potential tax implications....
by Malah Armstrong | Oct 4, 2022 | Newsletters, The Utah Taxpayer
While the State of Utah is swimming in surplus revenue (the Fiscal Year 2022 budget surplus is at least $1.4 billion), an often forgotten piece of legislation will be causing an automatic tax hike in a few months. Beginning January 1st, 2023, the Utah gas tax will...
by Malah Armstrong | Oct 4, 2022 | Newsletters, The Utah Taxpayer
For over 50 years, Utah has used Tax Increment Financing (TIF) to fund development projects across the state. TIF projects have included infrastructure construction, the mitigation of blight, and the acquisition of parcels of land, but, at times, have lacked...
by Malah Armstrong | Sep 2, 2022 | Newsletters, The Utah Taxpayer
California recently passed legislation that will allow only electric vehicles to be sold as new cars beginning 2035. While the regulation boasts many advantages to clean air and health, it also begs the question of how California will pay for its roads after 2035, and...
