by Malah Armstrong | Jul 8, 2024 | Newsletters, The Utah Taxpayer
The 2017 Tax Cut and Jobs act is undoubtedly the most significant piece of tax legislation in recent history. Its scheduled expiration – in 2026 – is fast approaching, and how we vote in November will directly affect what happens to it. On the one...
by Malah Armstrong | Jul 8, 2024 | Newsletters, The Utah Taxpayer
You know when you’re booking an Airbnb and it adds a $200 cleaning fee and you’re not really happy about it but you pay it anyway? And then you get to the Airbnb and there’s a list of instructions waiting for you, including several about loading the dishwasher,...
by Malah Armstrong | Jun 3, 2024 | Newsletters, The Utah Taxpayer
We are less than a month away from the 2025 Fiscal Year, and taxing entities throughout the state have been preparing and approving their budgets. The Utah Constitution requires that they adopt a balanced budget, meaning that every dollar they plan to spend must be...
by Malah Armstrong | Jun 3, 2024 | Newsletters, The Utah Taxpayer
“We’re just holding the rate steady.”“We’re keeping the same tax rate as last year.”“We’re keeping the tax rate year over year flat.”Sounds like it’s Truth in Taxation time! Over the next few months, dozens of taxing entities will mail out their Truth in...
by Tax Watchdog | Apr 29, 2024 | Newsletters, The Utah Taxpayer
Our 2024 Beehive Family Report was released on April 15th to illustrate the impact of federal, state and local taxes on a typical Utah family. The family is comprised of two working parents and three children, one of whom was born in 2023. The family owns a fully...
by Rusty Cannon | Apr 29, 2024 | Newsletters, The Utah Taxpayer
In April, the 17th edition of Rich States, Poor States was released by the American Legislative Exchange Council (ALEC). This annual report ranks the 50 states with the best economic outlook based on several different factors. For the 17th year in a row and for the...
