The Tax Foundation has ranked states according to their tax burdens. New York has the highest burden, with 12.7% of income in the state going to state and local taxes. Alaska has the lowest burden at 6.5%.
Barbara Weltman
Big Ideas for Small Business, Inc.
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.