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States use the final hours of their legislative sessions to address deficits and preserve revenue in preparation for the ...
The tax code is about more than depreciation, deductions, expenses and the things we focus on when we report our income to the IRS every April. It's about who gets the breaks in this country – and ...
A proposal quietly tucked into the House GOP’s reconciliation package, part of what’s being marketed as President Donald Trump’s ...
A move to individual filing, making the tax code marriage neutral and reducing tax rates on married women who work, would not only simplify the tax code but make it fairer and increase the ability of ...
Delaware leaders cited the ongoing federal tax debate and economic uncertainty amid the Trump administration's tariffs and ...
Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...
This post covers five particularly notable provisions for states: increasing deductions for state and local taxes (SALT) paid ...
The House of Representatives’ recently passed tax bill changes course on taxing multinational corporations engaged in ...
Along with hundreds of millions in potential new costs for Missouri taxpayers, an analysis of the budget bill backed by Congressional Republicans and President Donald Trump shows it would also cut ...
How’s that for a fun new federal tax scam to help the super-wealthy? “Donate” $10 million in stock to charity, purchased for $6 million — then get all $10 million back in tax credits and avoid more ...
For example, the U.S. tax system mostly functions on voluntary compliance. Unauthorized immigrants contributed nearly $100 billion in local, state, and federal taxes in 2022, the Institute on Taxation ...
House Republicans rejected a push by some allies of President Donald Trump to include tax hikes on the rich in sweeping legislation they passed last week — a decision that could carry repercussions ...