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Tag "law-change"

Understanding Texas Senate Bill 3 For Small Businesses & Franchise Tax

The Texas legislature recently passed Senate Bill 3, a significant piece of legislation that has substantial implications for small businesses in the state. This bill alters the franchise tax requirements, providing both opportunities and challenges for businesses. Understanding the bill’s nuances is crucial for small business owners and stakeholders. What is a Franchise Tax? Before…

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Photo on California tax requirements

Mastering Essential California Tax Requirements for Non-Residents

As tax season nears, many across the US prepare to file their taxes. Yet, the tax obligations for non-residents earning in California often go unnoticed. While residents file in their state, non-residents face complexities due to income from multiple states, particularly in California. Understanding California tax requirements is crucial for non-residents with income from the…

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