A Surprise Trend: ‘Inflation Relief’ Tax Policy
Rising inflation levels have hit consumers hard, and state lawmakers have spent time trying to provide relief, including indexing income tax brackets, issuing taxpayer rebates, and adopting new sales tax exemptions. Georgia, Idaho, Indiana (with an expansion of a...State Tax Changes Taking Effect Mid-Year
Although the majority of 2022 state tax changes take effect at the start of the calendar year, some are implemented at the beginning of the fiscal year. Individual and corporate income tax changes usually take effect at the beginning of the calendar year to maintain...
States Address Rising Gas Prices with Tax ‘Holidays’
In March, U.S. gasoline prices hit an all-time high at $4.33 per gallon, surpassing the previous record set in 2008. Clearly, this is not news to laundromat owners who offer pickup-and-delivery services for their residential wash-dry-fold and/or commercial accounts...
Top Tax Trends of 2022
According to MultiState Associates, a state and local government relations firm based in Alexandria, Va., here are some of the top tax trends for 2022: Record Revenues: Nearly every state has taken in record revenue. No state is projecting a budget shortfall for FY...
Guide to Laundromat Payment Systems: Upgrade to Boost Convenience and Revenue
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