Virginia Gov.-elect Abigail Spanberger (D) will face tough tax choices as she looks to raise revenue needed to deliver on her party’s affordability promises, despite the state’s slowing economy and weakening labor market.
New York City is staring down a $2.18 billion budget deficit for the current fiscal year and another $10.4 billion gap for the next one, newly installed Comptroller Mark Levine said, confirming estimates by his predecessor.
A proposed tax on California’s wealthiest residents is drawing opposition from a growing group of top state Democrats, including a US representative for Silicon Valley and
Nationwide Agribusiness Insurance Co. and its affiliated groups can file combined returns to take advantage of certain tax credits, after the Michigan Supreme Court declined further review of the case Friday.
Arizona Gov. Katie Hobbs (D) introduced legislation that would conform the state to federal tax code provisions by allowing the deduction of tipped income, overtime, and interest for car loans while raising the standard deduction for single, joint, and senior filers.
The West Virginia Tax Division has announced an extension of time to pay the fourth quarter acute care health care provider tax. The notice grants an additional one-month extension, allowing ...
The Wisconsin Department of Revenue (DOR) has published a guide summarizing the process for assessing and collecting taxes on omitted property, as outlined in section 70.44 of the Wisconsin Statutes. ...
The Nebraska Tax Equalization and Review Commission issued a decision reversing the determinations of the Sarpy County Board of Equalization regarding the valuation of a residential improvement on leased land ...
When the Indiana Hoosiers and Miami Hurricanes take the field and battle for the college football national championship on Monday, the most important investment made by either team will be standing on the sidelines.
From London to Paris and New York City to Sacramento, debt-hit governments are scrambling to bolster their fragile balance sheets. Increasingly, they’re training their sights on the rich to help bail them out.
This week, experts examined the US’ Pillar Two side-by-side deal, state and local tax issues to watch in 2026, and more.
State-law limited partners can qualify for an exemption from self-employment taxes on their distributive shares of income without the Tax Court analyzing case-by-case whether they operate as passive investors, the Fifth Circuit ruled Friday.
Arizona Gov. Katie Hobbs (D) introduced legislation that would conform the state to federal tax code provisions by allowing the deduction of tipped income, overtime, and interest for car loans while raising the standard deduction for single, joint, and senior filers.
New Jersey religious institutions can’t be excluded from certain public preservation funds after a district court on Thursday permanently enjoined the state from enforcing the rule.
The Texas Supreme Court will review a case filed by 59 cities alleging legislation that limits their ability to charge telecommunications and cable providers for use of public rights-of-way violates the state constitution’s gifts clause.
New York City is staring down a $2.18 billion budget deficit for the current fiscal year and another $10.4 billion gap for the next one, newly installed Comptroller Mark Levine said, confirming estimates by his predecessor.
A proposed tax on California’s wealthiest residents is drawing opposition from a growing group of top state Democrats, including a US representative for Silicon Valley and
The Treasury Department is prioritizing guidance on a new tax credit for donors to organizations that give scholarships meant to expand access to private schools, an official said.
The
Israeli Prime Minister Benjamin Netanyahu met with US Securities and Exchange Commission Chair Paul Atkins in Jerusalem on Sunday, the PM’s office says.
The Securities and Exchange Commission approved a proposal for Nasdaq Inc. to list options expiring on Mondays and Wednesday in select stocks, moving the US market a step closer to daily expiries in single stock options,
The chief investment officer of
Two of Cadwalader’s top litigators are heading for the exit as the firm looks to close its merger with Hogan Lovells, according to three people briefed on the moves.
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