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  2. The new year rings in new Texas laws. Here's a look at some ...

    www.aol.com/rings-texas-laws-heres-look...

    The "Texas, Our Texas" license plates issued by the Department of Motor Vehicles will include the song's namesake as well as honor the 100th birthday of the tune with the dates 1924-2024.

  3. IRS Form 6251: Alternative Minimum Tax (AMT) - AOL

    www.aol.com/finance/irs-form-6251-alternative...

    The AMT is typically triggered by tax filers whose income exceeds the annual AMT exemption for that year. For tax year 2021 (which you file in 2022), the exemption is $73,000 for single ...

  4. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    Regular tax used as a basis for computing AMT is found on the following lines of tax return forms: individual Form 1040 Line 44, less foreign tax credit. [19] Certain other adjustments apply. In addition, a partner or shareholder's share of AMT income and adjustments flow through to the partner or shareholder from the partnership [20] or S ...

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    Texas – no individual income tax but imposes a franchise tax on corporations. In May 2007, the legislature modified the franchise tax by enacting a modified gross margin tax on certain businesses (sole proprietorships and some partnerships were automatically exempt; corporations with receipts below a certain level were also exempt as were ...

  6. What’s New for Tax Filing in 2023? - AOL

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    Here are the most important changes for tax filing in 2023. Tax Filing Date. Taxes are due Tuesday, April 18. Traditionally, filing day is April 15. ... you may receive Form 1099-K. Prior to 2022 ...

  7. Franchise tax - Wikipedia

    en.wikipedia.org/wiki/Franchise_tax

    A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity. The franchise tax effectively ...

  8. Tax Schedule 2023: Every Date You Need To Know - AOL

    www.aol.com/tax-schedule-2023-every-date...

    January 23: This is the official start of the 2023 tax season and the date that the IRS begins accepting and processing returns from tax year 2022. January 31: This is employers’ deadline to ...

  9. Texas Tax Code Chapter 313 - Wikipedia

    en.wikipedia.org/wiki/Texas_Tax_Code_Chapter_313

    In 2013, the Texas Legislature reset the expiration date of the program to December 31, 2022. [3] Companies seeking a limitation submit an abatement application to the school district in which the project may be located. The school district forwards the application to the Texas Comptroller for evaluation.

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