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State Sen. Paul Farrow (R-Pewaukee) recently authored legislation that would significantly change employer-employee non-compete agreements.
Gov. Scott Walker recently floated the idea of eliminating the income tax in the State of Wisconsin. It would be a bold move and one that comes as a bit of a surprise given that the last budget still leaves Wisconsin’s highest income tax rate higher than it was during most of the Doyle administration.
State Rep. Dale Kooyenga (R-Brookfield) recently unveiled his plan to overhaul the tax system in the State of Wisconsin. This will no doubt generate a lot of debate between the talking heads on both the left and the right, and somewhere in that process we’ll lose sight of what’s actually in the plan.
We are entering that time during tax season where we counsel the micro-corporations or individuals that usually just see us at tax time. For clients like these we are more of a service provider than a business consultant. With them, our success is measured by the size of their refund. If they get one, it's a job well done and attributable to our tax skills. If not, there must be something else that can be done.
There’s been a lot of talk about reforming the Federal Tax Code in the Fiscal Cliff and Sequester debates and now it appears that Wisconsin may be getting in on the act. Gov. Walker’s budget included a very modest reduction in the Wisconsin income tax rates and it appears that the legislature wants to go further.