July highlights from The MWE Advisor newsletter include: recent Supreme Court decisions that could affect your business and 10 sources of tax free income.
5 Recent Supreme Court Decisions that Could Affect Your Business
The U.S. Supreme Court just wrapped up its 2016 term. This spring, the top court published several opinions that will affect businesses, including cases that provide an ERISA exemption for church plans and clarify federal guidance on patents, copyrights, bankruptcy priority, and the statute of limitation for disgorgements from the Securities and Exchange Commission. In the 2017 term, a case regarding online sales and use tax charges could take center stage.
10 Sources of Tax-Free Income
You may think you have to pay tax on all income you receive but it’s not true. Even with the federal tax increases that have gone into effect in recent years, there are still some ways to earn income that is free from tax. Here are 10 sources of income that generally do not come with a federal income tax liability.