Monday, April 01, 2019

With new SALT limit, IRS explains tax treatment of state and local tax refunds

WASHINGTON — The Internal Revenue Service clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect.

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Australia - Annual indexation of skilled visa income thresholds from 1 July 2025

From 1 July 2025, skilled visa income thresholds will be increased by 4.6%.   Income thresholds are indexed annually so wages for skilled mi...