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Friendlier sales and use tax audit - While state taxing authorities typically reserve the right to audit taxpayers who come forward pursuant to a voluntary disclosure agreement, the audit will typically be limited to the reduced look-back period, and it would generally focus more on understanding and confirming the reasonableness of the ...
The Arkansas Department of Finance and Administration (commonly DFA within the state) is a department of the government of Arkansas under the Governor of Arkansas.. The DFA is a cabinet level agency in the executive branch of government responsible for providing citizens with tax, licensure, or child support service and state agencies in their administration and budgeting.
The Regular Session of the 94th General Assembly opened on January 9, 2023. [1] It adjourned sine die on May 1, 2023. [2] A special session was called by Governor of Arkansas Sarah Huckabee Sanders to begin September 11, 2023 to consider tax cuts and changes to the Arkansas Freedom of Information Act (FOIA) law. [3] It ended after four days. [4]
For those filing their 2022 tax returns in 2023, there are some relatively significant changes to report. They won’t apply to all taxpayers, but all taxpayers should still be aware of them.
To do so, you’ll need to fill out Form W-4V, Voluntary Withholding Request, and indicate how much you want withheld. Here’s how you fill out Form W-4V: Add your name, address and Social ...
IRS records show that tax filing season has normally started in the last week of January, here is a list of start dates for the past 10 years. 2024: Jan. 29. 2023: Jan. 23. 2022: Jan. 24. 2021 ...
Following reorganization in 2019, Arkansas state government's executive branch contains fifteen cabinet-level departments. Many formerly independent departments were consolidated as "divisions" under newly created departments under a shared services model.
The economy of Arkansas produced $176.24 billion of gross domestic product in 2023. [1] Six Fortune 500 companies are based in Arkansas, including the world's #1 corporation by revenue, Walmart. [8] Arkansas's per capita income for 2023 was $54,347, and the median household income was $55,432, which ranked 47th among U.S. states. [2] [9]