Georgia lawmakers closed out their session by approving bills to cut personal income taxes, and provide scaled-back property tax relief for homeowners, while maintaining a lucrative tax break for data centers in the state.
The US Supreme Court won’t review an Oklahoma Supreme Court ruling that Native Americans living and working on tribal land must pay state income tax.
Kentucky would become the first state in the country to tax prediction markets such as Kalshi and Polymarket under a broad tax bill headed to the desk of Gov. Andy Beshear (D).
Maine Governor
Utah’s new 4.7% tax on targeted advertising revenue will likely draw legal challenges arguing it discriminates against online commerce, as a court decision nears on a lawsuit opposing a similar tax in Maryland.
The Oregon Governor signed a law that creates a corporate excise tax credit for newly chartered banks. The law includes: 1) definitions; 2) clarifying that the tax credit can be ...
The Indiana Tax Court granted partial summary judgment to the taxpayer on the question of whether cell phones qualify for Indiana’s telecommunications equipment sales and use tax exemption, but denied ...
The Minnesota Department of Revenue (DOR) announced updates to Form UT1, Individual Use Tax Return, to incorporate the Individual Cannabis Use Tax beginning in 2025. The DOR advised taxpayers needing ...
A Defense Department employee can’t claim a federal exemption for wages earned in a combat zone on his California tax return because the exemption only applies to active service members, a California tribunal ruled in an opinion posted Monday.
The owner of a commercial property damaged by a storm can reap the tax benefits of a like-kind exchange with another parcel, the California Office of Tax Appeals ruled in an opinion released Monday.
The IRS issued guidance Monday on how states and territories should nominate rural areas to be designated as qualified opportunity zones eligible for tax breaks.
Financial services firm Bank of New York Mellon Corp. and investment platform Robinhood are partnering to help the Treasury Department administer so-called Trump accounts, new savings vehicles geared toward children, according to a news release.
The US Supreme Court won’t review an Oklahoma Supreme Court ruling that Native Americans living and working on tribal land must pay state income tax.
As
This week, experts examined a proposed California billionaire tax, VAT consequences of “zero-person” companies operated by AI, and more.
Five Jefferson Parish dialysis clinics don’t have to pay sales tax on their prescription drugs purchases from a wholesaler because the drugs were administered to Medicare patients, a court of appeals ruled.
A Denver couple who tried to blame each other for scheme to steal millions from defense contractor National Air Cargo using phony invoices lost their appeals Monday to undo their convictions.
An XRP token buyer agreed to drop his a California securities law claim that was keeping alive a seven-year-old lawsuit against Ripple Labs Inc.
After making its name on millennials and meme stocks, the popular brokerage app is riding its Trump bump into the S&P 500 and beyond.
Hackers have breached Jones Day and accessed the files of 10 clients, the law firm said on Monday.
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