South Dakota Taxes

South Dakota Taxes

South Dakota is one of the most tax friendly states in the country. TaxFoundation.org ranks them as #2 (behind Wyoming). No state tax, no business tax, no gross receipts tax, no estate tax and low sales tax. State Taxes at a Glance – South Dakota Type of Tax 2024 Individual Rates None Corporate / Business […]

South Carolina State Taxes

South Carolina State Taxes

South Carolina has an average tax policy. The have income and business taxes, but not too high. They don’t tax social security but are one of the few states that has a capital assets tax. Overall is an “okay” state regarding taxes, but not as good as their neighbor North Carolina. State Taxes at a […]

Rhode Island State Taxes

Rhode Island State Taxes

Rhode Island is not a great place for taxes. They have income tax, business tax, estate tax, and really high property taxes. Unlike most states they also tax social security and have a large payroll tax wage base. It’s not a place to move if you’re trying to save. State Taxes at a Glance – […]

Pennsylvania State Taxes

Pennsylvania Income Taxes

Pennsylvania is one of the few states that has flat tax rates. 3.07% for individuals, but close to 10% for businesses. They also have an inheritance tax and have some of the highest property tax rates in the country. They don’t tax social security and have a low payroll tax wage base. State Taxes at […]

Oregon State Taxes

Oregon Income Taxes

Oregon has some of the highest tax rates in the country. Not only do they have individual and business taxes, but they also have gross margins tax and additional payroll taxes in certain jurisdictions. They are also one of the few states that also has an estate tax. One of the only benefits Oregon has, […]

Oklahoma State Taxes

Oklahoma Income Taxes

Oklahoma is not particularly tax friendly. They have a 4.75% individual tax, plus a 4% business tax. On top of a business tax, they also assess franchise taxes on capital assets. They don’t tax social security, but have a high payroll tax wage base. State Taxes at a Glance – Oklahoma Type of Tax 2024 […]

Ohio State Taxes

Ohio State Income Taxes

Ohio is a crazy state when it comes to income taxes. Every city has its own local tax rates and tax returns. They also have a Gross Receipts tax called CAT tax and have some of the most expensive property tax rates in the country. There is no other state in the union has as […]

North Dakota State Taxes

North Dakota State Taxes

North Dakota has reasonable tax rates. Their highest tax rate is 2.90%. They do not tax social security benefits but have a high payroll tax wage base. There are no estate or inheritance taxes in North Dakota. However, they are one of the few state that does assess sales tax on services. State Taxes at […]

North Carolina State Taxes

North Carolina Income Taxes

State Taxes at a Glance – North Carolina Type of Tax 2024 Individual Rates 4.50% flat tax Corporate / Business Tax Rates 2.50% flat tax Gross Receipts Tax None Sales Tax 7.00% (average) Property Taxes 0.82% as a percentage of primary home Estate or Inheritance Tax None State Income Taxes in North Carolina The state […]

New York State Taxes

New York State Taxes

State Taxes at a Glance – New York Type of Tax 2024 Individual Rates 4.00% to 10.90% Corporate / Business Tax Rates 6.50% to 7.25%* Gross Receipts Tax None Sales Tax 8.53% (average) Property Taxes 1.38% as a percentage of primary home Estate or Inheritance Tax Estate Tax State Income Taxes in New York The […]