Individual Income Tax Rate Reduction
Governor Walker’s initial 2013-15 budget released in February 2013 proposed lowering the bottom three individual income tax brackets by $343 million during the two-year period.
June 14, 2013
Legislative Updates
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Federalizing Depreciation and Depletion
The 2013-15 state budget federalizes state rules pertaining to depreciation, Section 179 expensing, and depletion for property placed in service on or after January 1,
June 14, 2013
Eliminate the Economic Development Surcharge for Pass-Through Entities
The 2013-15 state budget eliminates the economic development surcharge for farms, partnerships, and individuals beginning in 2013. The economic development surcharge is applied to businesses
June 14, 2013
Venue of Tax Appeals
Previous Wisconsin law allowed appeals to decisions of the Tax Appeals Commission regarding income and franchise tax or the real estate transfer fee can be
June 14, 2013
Fed Policies Are Slowing Job Growth, Say Business Leaders
WMC CEO Survey Finds Health Care Reform Creates Uncertainty MADISON – With implementation of the federal Patient Protection and Affordable Care Act now less than
June 8, 2013
WMC Praises Pro-Growth, Tax-Cutting State Budget Passed by JFC
Lower Taxes A Top Priority for Wisconsin Businesses MADISON – Wisconsin’s job outlook will improve with nearly $1 billion in lower individual and business taxes
June 5, 2013