By Andrea Carr, CPA, Special Correspondent, and Tom Yamachika, President House Bill 2748, which has recently become law, is sometimes referred to as the “Bob Nakata bill” after the former legislator, now reverend, who was one of the bill’s champions. … Read More
A little over twenty years ago, on May 6, 1998, then-Maui Mayor Linda Lingle was speaking to a group of business leaders from the Chamber of Commerce of Hawaii. Before the meeting, she was told that she could speak on … Read More
Starting a business is never easy. According to U.S. Bureau of Labor Statistics data, about a fifth of all startups typically don’t survive past year one of operation, and nearly half never make it to their fifth anniversary. But startups … Read More
It’s tough being an employer, especially here in Hawaii. If I am a business, or even a nonprofit, in Hawaii and I want to hire paid staff, there are all kinds of things to consider. Before I hire the worker, … Read More
On Monday, June 25, Governor Ige released his list of bills he intends to veto. On the list is one tax bill, SB 2699, which imposes the transient accommodations tax on “resort fees“ which are very broadly defined of the bill. … Read More
The recent Supreme Court ruling on state’s ability to tax online vendors has many wondering what legal challenges the state would face by collecting online sales tax. Foundation President Tom Yamachika provides some insight. Read more. (Subscription required.)
A few days ago, I got my annual emailed reminder from the Social Security folks that they prepared an electronic statement for me – they’ve gone green, so they aren’t sending those statements on paper any more. So, for the … Read More
June 21, 2018: The Supreme Court of the United States today decided Wayfair, Inc. v. South Dakota, and held that “physical presence” is not necessary before States can validly apply their taxing powers to businesses that have neither persons nor … Read More
Recently, State Auditor Les Kondo shocked the public and some Honolulu Authority for Rapid Transportation (HART) Board members when he charged, at a HART board meeting, that HART employees had been required to record all interviews with State Auditor personnel … Read More
The national Tax Foundation has released an interactive map showing the impact of the Tax Cuts & Jobs Act by Congressional district and by adjusted gross income range. Here it is: