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Newsletter

Duly Noted

New Hampshire Still Has (Almost) No Income Tax. A measure to repeal the Granite State’s 5 percent tax on residents’ interest and dividend income stalled in the state Senate when Republican John Reagan of Deerfield agreed to set the bill aside after previously voting with his party against killing it outright.
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Duly Noted

SCOTUS Considers Whether Shredding Receipts Constitutes Obstruction. Carlo Marinello operated his courier service, carrying parcels between the United States and Canada, on an all-cash basis. He also paid personal expenses such as his mortgage in cash, and he made a habit of shredding receipts and other records.
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The Emerging GOP Tax Plan

While no tax reform is ever final until the president signs it into law, it seems increasingly likely that congressional Republicans will enact some significant tax changes soon. For taxpayers, all this uncertainty can be unnerving. After all, good tax planning happens with an eye to the future, and when a major shift in taxation is imminent, it can feel as if planning grinds to a halt. But taxpayers can consider the most likely of these changes now without succumbing to either panic or pressure.
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