Amid considerable controversy, the citizens of Kansas City, Missouri, overwhelmingly approved a local tax which draws revenue not just from citizens of the city, but also from the salaries of everyone who works in Kansas City, wherever they may live. The last time the matter was put to a vote in 2011, the tax was ratified by 78 percent of …
Tax Law
Top Tax Tips for 2016
Haven’t filed your taxes yet? Well you are in luck. Here are some tax tips to save money and cut your taxes. Non-Business Energy Property Credit. You can cut your taxes and save on your energy bills with certain home improvements. The Non-Business Energy Property Credit is worth 10 percent of the cost of certain qualifying energy-saving items …
Kansas City Law Firm Sheds Light On Kansas Tax Changes
Back in 2012, we had a lot of clients asking us if they should move their business over to Kansas because of the favorable tax laws with flow-through entities - we even contemplated this move ourselves. At the time, it looked like a great move for some business owners who lived in Kansas; however, in retrospect, it may not have saved as much tax as …
Kansas City Law Firm Reviews Estate Tax Planning To Prevent Legal Woes
With income taxes now clearly in our rearview mirror, we are reminded of another certainty in life. The maxim that “Nothing is certain except death and taxes” (Benjamin Franklin, 1789) has existed almost since time immemorial. These inevitabilities are a fundamental part of life and one should not shy away from these tough issues simply because …
Taxes: Do We Need Them?
Unfortunately we do need taxes to keep the wheels of government turning, albeit somewhat squeakily these days. Kansans worry about educating their children while the good folks on the Missouri side have been told that their roads can’t be maintained. Photo credit: kenteegardin / Foter / CC BY-SA We all need to pay our fair share of taxes, but …
More Than Just Lawyers: Van Osdol in the Community
Tom and Kay Willy recently received an award from the US Army for 20 years patriotic service as volunteer sponsors for international military students at the US Army Command and General Staff College, Fort Leavenworth, Kan. As chair of the Children’s Mercy Hospital Planned Giving Council, Mindy Ward was recently invited to participate in the …
