by Tax Watchdog | Jan 5, 2020 | Newsletters
Utah is unique when it comes to levying the property tax. While all states impose the property tax and use both rates and property values to determine the amount paid by a property owner, Utah also looks at revenue generated by the property tax from the prior year....
by Tax Watchdog | Jan 5, 2020 | Newsletters, How Utah Compares
Utah’s state and local government tax and burden ranked 30th highest in the U.S. and below the national average during Fiscal Year (FY) 2017, according to the Utah Taxpayers Association’s annual calculations in the How Utah Compares report. Tax burden is expressed as...
by Tax Watchdog | Jan 5, 2020 | Newsletters
Due to the United States Supreme Court decision in South Dakota v. Wayfair, since January 1, 2019, sales tax from online purchases has been collected and remitted for purchases made in Utah. In addition to that, sellers on platforms such as Amazon that are independent...
by Tax Watchdog | Jan 5, 2020 | Newsletters
Not everyone knows why Utah’s economic outlook has been ranked first in the nation 12 years running, the best place to do business, highest job growth, lowest unemployment, and repeatedly #1 on the Family Prosperity Index. While many factors have affected the positive...
by Tax Watchdog | Jan 5, 2020 | Newsletters
After many months of deliberation and public meetings, the Utah Legislature passed Senate Bill 2001 – Tax Restructuring Revisions (Hillyard) in a special session on December 12th. The refinement that has taken place over the last nine months has produced...