Sunday, February 11, 2018

State by State fees for licensed and registered professions.

The place where secret taxes are lodged is in the "fee schedule" be it local, state or federal. As the deductions for state and local taxes disappear there will be other opportunities to pay higher fees and it will add to deductions in a different way.

As states look to help their citizens in every way possible and fee schedules may change as they will be deducted as a business or professional expense, I caution the states or local governments to also provide a "Free Fee" service to lower income folks as they enter the professions or trades. The government should always be looking for ways Americans can enter the Middle Class of the USA. The "Free Fee" qualification should be standard in every fee schedule to provide that extra leg up to those taking an initiative to earn more money.

I think the states need to be innovative and provide tax relief for those that would normally have a local and state deduction on their federal taxes.


Commercial contracting
Residential contracting
Plumbing
Electrical
HVAC
Gas
Asbestos/hazardous waste remediation
Department of Transportation (road work)

Licensed vs. Registered

Some states require licensing while others require registration. The difference between the two is this:

Licensing involves passing exams and meeting certain criteria to prove reasonable competency in a trade.

Registration is a written record of who is performing the work. It doesn’t guarantee expertise or competency.