Lawmakers Ready to Ax Business Tax

Nashua Telegraph Lawmakers ready to ax business tax CONCORD – The state’s controversial new tax on owners and investors in limited liability companies could disappear by its one-year anniversary. Gov. John Lynch and top leaders in the state Legislature have privately...

LLC Tax Hearing February 19

The Joint Legislative Committee on Administrative Rules ( JLCAR) will hold a hearing on the LLC TAX on Friday, February 19, 2010 at 8:30 AM in the Legislative Office Building, 33 North State St. Concord, NH 03301 (603) 271-3321 This hearing will potentially determine...

New Current Use Assessments OK’d by Board

Follow-up to January 29, 2010 article. “Another hearing was held Jan. 22. If the proposed rates are approved, they will then be sent to the state for administrative review and could go into affect in April.” Assessment updates to New Hampshire’s current...

Tax Bill Shoots from $1,987 to $37,651

The New Hampshire Supreme Court has upheld the town of Wolfeboro’s right to reassess a house site — a move that boosted the annual tax bill for a lakefront estate from $1,987 to $37,651. The LLK Trust, Thomas R. Walker trustee, appealed a ruling issued in...

LLC Forum Set for February 18

On Thursday, February 18, 2010 from 6:00 PM – 8:00 PM Attorneys John Bisson and John Cronin will speak about LLC Tax during a Public Discussion Forum in the Auditorium of the Manchester City Library, East 405 Pine Street, Manchester, NH. The Auditorium is on the...

LLC Tax Foes Make Mark

From the Union Leader we learned that the call was made to repeal the LLC tax: “CONCORD – Republicans and a group of small business owners brought pressure on lawmakers yesterday to repeal what’s known as the LLC tax. They argue that expanding the 5...