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Reports Of Amazon Paying Taxes To Washington

For those getting a Washington state tax ID, having to go through all the hoops is bad enough, never mind the reputation the state has for having one of the most unfair tax systems. But even with that reputation, one city in particular has it worst, according to a report from a liberal think tank.

A report from the locally-based Economic Opportunity Institute evaluated the taxes for those with Washington state tax ID, seeing the tax burdens for households of varying income levels across 15 of the state’s cities. They crunched the numbers and their findings showed that Seattle’s taxes are the most regressive and unfair, being the most burden to the poor, and easy on the wealthier residents.

According to an example from the paper, a home earning $25,000 in the city will pay for about $4,200 in taxes, including the state and local ones, which accounts for a whopping 17% of all its income. Meanwhile, a $250,000 income household will only have to pay about $11,000, $6,000 less for 10x the income, accounting for a mere 4.4% of income. That means that, between high-income and low-income households, there’s a gap of 12.6 percentage points, which is the highest in the 15 cities the paper evaluated.

Notably, the three most regressive cities all sit inside King County, with Bellevue and Renton ranking below Seattle, with slightly less regressive taxation.  Another detail worth mentioning is that the research noticed that the three least regressive cities in Washington state are in the Eastern side, which is Democrat territory.

EOI’s Communications Director Matthew Caruchet says that people don’t know that tax systems can vary wildly within a single state. He says that the pressure on a low-income household in Seattle is greatly different from one in Yakima. He adds that Washington’s taxation is considered regressive since they’re heavily reliant on sales and excise taxes, which tax the same for the rich and the poor, not to mention the state’s lack of income tax.

Another thing he noted was the city’s state tax, which was recently increased to 10,1% thanks to the Sound Transit 3 transport package. He says that there’s this erroneous belief for people in Seattle that the sales taxes are fair because the rich spend so much more than the poor, but he explains that the wealthy tend to put their money into savings and investments.

Seattle, Caruchet says, is a city with a lot of needs; transportation, and affordable housing, among others, which is why the city needs revenue, but the only option they have in the system is to raise the regressive taxes, which, in turn, creates greater income inequality.

Why A Honda Motorcycles In The UK For Safety And Style

There are so many things to consider when searching for a great motorcycle. If you want a great bike, you can choose Honda motorcycles in the UK as they are trustworthy and come in high quality. Especially if it’s your first time to buy one, the bike makes a big investment. Aside from that, you can possibly increase the speed and move fast down the roads. You can compare various types of motorcycles and determine the pros and cons. If you are choosing Honda motorbikes over a Harley Davidson bike, you can notice the difference that it makes. So choose a motorbike that fits your personality and something you can ride on comfortably.

If you want to get ideas on why Honda motorcycles in the UK are the best choices, perhaps you need to ask around. Gather opinions from friends who own motorcycles of similar types. Get different perspective from the various dealers especially when you talk things out with a salesman. You can also see and hear some drawbacks about riding the bikes. However, you can read various reviews from those who have ridden the bike. If you have an idea on which Honda bikes to choose, head on to the dealer and choose a motorbike that fits your needs.

What makes motorcycles great is a chance to customise them to your liking. They come in various colours, body and gears, which can make or break up your choices. Perhaps you will choose a motorcycle part which can improve the look and feel of the motorbike. You can even make your bike look great while riding on it as you dress and wear gears appropriate for safety and style. This is why UK allows riding in customised motorbikes.

The makers of Honda motorcycles in the UK are proud to say that their bikes run swiftly and smoothly. The company Honda has had a history of making excellent motorcycles like motocross bikes and dirt bikes. Actually, the motorbikes are innovated for various purposes. If you want to save, you can buy used or refurbished bikes. Just choose Honda motorbikes as it’s noted for quality and reliability.

2017’s Top Latinas In The Corporate World

ALPFA or Association of Latino Professionals for America has already released their top Latinas. These women are executives that are managing companies under the Fortune 500 as well as large firms while some are entrepreneurs. The growing number of successful Latin wives is a contributing factor to the growth of the economy.

Geisha Williams is PG&E Corporation’s CEO and President. She is the very first Latin woman to head a Fortune 500 company. She helped the company transition almost 30 per cent of their total energy to renewable sources instead. She led a team so that 16 million individuals in California will be able to have access to safe and affordable power.

Maria Moats is the United States Assurance Leader of PwC. Her experience covers retail and consumer as well as industrial production. Before her current position at PwC, she was the Regional Assurance Leader for the East Region and she was assigned to manage operations starting in Boston and reaching up to Florida.

Gabriella Franco Parcella is Mellon Capital’s CEO, chairman and president. She shares strategic leadership to every sector of the firm and she also leads the Board of Directors. She is a big part of the reason why Mellon Capital was able to have an international expansion. She founded the San Francisco Region Women’s Initiative Network.

Grace Puma is Chief Supply Officer of PepsiCo. She handles almost $25 billion funding from the company and she is also in charge of the manufacturing operations of the company in 11 different nations. The year-on-year growth of the company doubled because of her and their productivity reached more than $2.8 billion. Before her work at PepsiCo, she was also hired by Gillette, United Airlines, Motorola and Kraft Foods in various leadership roles.

Adriana Cisneros is the CEO of Cisneros which is a family-owned company that specializes in real estate, media and interactive. The company has a non-profit organization called Fundacion Cisneros wherein she is the president in charge. The foundation aims to better the current education system of the region.

The list of women about is only proof that Latin wives can achieve whatever they want as long as they put their mind and heart into.

Content Marketing For Your Tyre Business

For entrepreneurs planning to venture into selling tyres on the Gold Coast, there is one important thing they should learn that concerns internet marketing – content marketing. The goal of content marketing is to provide information as well as educate the consumers as a result they will be viewed as influencer. When this is established, they will gain loyal customers thereby increasing sales. There are three ways which it can be accomplished:

  • By publishing original content to show consumers that you are knowledgeable in the tyre industry and you can showcase your authority in the field. You can use a variety of mediums such as websites, articles, blogs, news stories, newsletters, videos and infographics among many others.
  • Content marketing is also more effective when used alongside with social media because this is where communities of loyal customers are created. This is also an effective venue where you can share the contents you have published in your website or blogs. You can network with prospective customers and reach more people. The most common social media platforms are Facebook, Twitter, Youtube, Pinterest and LinkedIn.
  • The last thing you have to incorporate is SEO which is short for search engine optimization. This is essential if you want your website to rank higher in search engine results related to keywords for your business.

It is no longer enough to perform traditional marketing alone. The world is changing because of technology therefore content marketing now plays a huge role in businesses. Buyers of tyres on the Gold Coast are more aware than before and they do their research before going out to shop. Majority of consumers are turning to online shopping because it is more convenient and they don’t have to go out and a lot time especially if they are always busy.

Think of content marketing for your business of tyres on the Gold Coast as an investment. If the information is relevant to present times, it can be used to attract new customers. You only have to invest once unlike traditional advertising where the cost of advertising takes up a lot of the business’ budget.

Latest Tax Plan Sealed Florida’s Tag As Tax Haven

Before the end of last year, the new tax reform bill was approved and was implemented at the beginning of 2018. This further improved the status of Florida as a tax haven. According to financial planners as well as real estate agents, the increase in the number of people moving in Florida is only one proof that the state is the best for people who wanted to get the most of their hard-earned money. It is expected that new businesses will start applying for FL tax ID soon in order to operate within the state.

According to Meyer Lucas Real Estate’s president and a realtor, Holly Meyer Lucas, there was an immediate reaction after the new tax bill was approved. Lucas who is based in Jupiter added that there was an extreme interest among people who are planning to move to the southern part of Florida because of the state income tax alone.

She revealed that she currently has 12 buyers seriously considering relocation to Florida so that they don’t have to pay for state income tax.

Based on the previous federal tax plan, there is full deduction awarded to local as well as state taxes but with the new tax plan the deduction has a cap which is set at $10,000.

Ameriprise’s managing director, Eric Cornall, said that they are offering holistic financial planning services. Many of his clients have already seen the difference.

Cornall said that many of his clients currently residing in California and New York where the state taxes are higher have been doubtful about moving to Florida. The new tax plan made them reconsider the move which is an immediate reaction.

Lucas added that she finds it interesting that there are more buyers based in California compared to those located in the northeast. They are not really bothered about the fact that they will no longer travel Interstate 95 but rather Highway 101.

Lucas explained that majority of their inquiries are for country clubs situated in the west. They are also expecting the entrance of business as many are already applying for their FL tax ID in order to do business in the state.

Prevent Getting Yourself In The Spotlight For A Tax Audit

A tax audit notice coming from the IRS might be one of the scariest things a person can receive in their lifetime. One thing people should know is that there is very little chance of being audited and there are any ways to ensure that you will not be the subject of a tax audit. It is still recommended to get audit protection insurance to protect yourself and your savings in the event of a tax audit.

Based on the 2016 data book of the IRS, there are 148 million people who filed for tax returns and 1.2 million were audited. This means that not even 1 per cent or 0.8 per cent to be exact were audited from all the tax returns. The odds are getting even smaller because of the budget cuts that the IRS has been experiencing in the past few years. To avoid being audited, here are a few things you should keep in mind.

It is important to file a tax return regardless of you did not receive an income for that specific tax year or if you owe the government no taxes. This can be a red flag for the IRS and they might ask you why you did not file a tax return. For individuals with not taxes due or no income, the tax return should contain an explanation regarding this matter.

Get the best tax preparer in order to avoid yourself being placed in the spotlight of the IRS. You have to keep in mind though that even the best people in their field makes mistake at times. This does not mean that you should not hire a professional because you will need one especially if your financial status is quite complicated. If not, you can use tax preparer tools that are available.

Remember that those who report their income as zero are more likely to be audited than those who have higher income. The IRS gets suspicious that you might be deceiving them thus they will put you under tax audit. Two years ago, 3.25 per cent of people who filed with zero on their adjusted gross income are subjected to an audit. You are lucky if you have audit protection insurance but if you get audited without one then you might have to spend a lot in professional fee and other costs.

Teen Organized Food Drive Hopes To Establish Nonprofit

A student from Simsbury High School recently organized a food drive wherein he was able to gather hundreds of pounds of food during the holiday season. He is hoping to be able to establish a nonprofit organization one day. Technology experts advised about having a website focused on nonprofit web design to gain supporters and eventually donors.

Bronson Starsiak is currently 17 years old and he started the food drive with Simsbury Food Closet as the recipient. His collection started at home by rummaging through their kitchen cabinets. He shared how he found a lot of canned foods inside their pantry before the holiday started and he thought about food as a huge part of their traditions. His thoughts went into the unfortunate who don’t even have enough food for their daily living. This is when he decided to make a difference by organizing a food drive.

Donations came mainly from their home, the neighborhood as well as the members of the youth lacrosse team in his school in which he is a part of.

Starsiak was grateful for the donations given by his neighbors. During those times, he found out that every single person has the capacity to make a change. It does not require a lot of effort nor money but a simple act such as a food drive can help others.

The act inspired him to start a nonprofit organization. He is currently busy planning SKORE (Students Keen On Recycling Equipment) with the goal of gathering sports equipment, cleaning them and distributing them to those in need. He is planning to collaborate with schools all over Hartford.

He shared that he is processing the legal paperwork required and Starsiak will be scheduling the first collection which will be at his school. He admitted about being excited with the nonprofit.

He is happy with the success of the food drive and that is what motivated him to push his plan for SKORE. The idea came to him a long time ago but it was not until the food drive that everything came together for him. He is hoping to tackle nonprofit web design soon in order to launch a website.

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