Idaho considers itself to be a pro-business state. Businesses operating in Idaho enjoy one of the lowest tax burdens in the nation and one of the lowest overall costs of doing business. Additionally, Idaho provides several financial incentives and tax credits to new and existing businesses such as: 3% INVESTMENT TAX CREDIT – available for qualifying new investments in Idaho….
For those of you who use a bi-weekly payroll schedule, health insurance deductions are rated at half of the total monthly premium per employee. Employers must remember that twice a year, there will be an occurence of three pay dates within one calendar month. Take extra precautions during those months to make sure that the last paycheck does not have…
There’s lots of ways to start a business. A popular one would be to patent an invention. A patent is a grant by the government to the inventor that gives them the exclusive right to make, use, offer for sale and sell throughout the United States. The very nature of a patent excludes others from profiting on a person’s individual…
Oregon’s corporate tax rebate law is a corporate kick in the pants. The tax kicker law is in addition to the low, inviting corporate taxes for the state of Oregon. The ideal behind the tax kicker law is one that requires the state to return taxes to corporations or individual taxpayers whenever corporate or personal income tax revenues exceed projections…
One of the perks of being self-employed is deciding on the hours and not having to provide a doctor’s note when ill. The drawback to being self-employed is that the work follows wherever you go and that taking a ‘break’ is not as easy as it sounds. While law defines a self-employed person as someone who works 20 hours a…
The Tax Foundation’s State Business Tax Climate Index provides an annual ranking of each state’s tax system and whether it is hindering new business development within its boundaries. The overall index is comprised of five specific indexes devoted to major features of a state’s tax system that influence business decisions or the economy in general: the corporate income tax, the…