Income Tax

The Senate is moving toward final adoption of an overhaul of the state's economic-development programs targeting billions of dollars in tax incentives to companies that locate, expand, or engage in other activities in New Jersey creating job growth.

Thomson Reuters has released an overview of the Supreme Court’s ruling that strikes down section three of the Defense of Marriage Act (DOMA) as unconstitutional. The report is designed to help tax advisers understand the far-reaching implications of the decision.

Same-sex couples and their tax advisors are anxiously waiting for the Obama administration to answer a key regulatory question left unresolved by the Supreme Court when it struck down the federal Defense of Marriage Act.

The new policy will outlaw a set of tax avoidance practices in which Pennsylvania businesses transfer some of their assets to holding firms in states like Delaware, where the assets will be taxed at far lower rates -- or not at all.

The annual national survey conducted in April 2013 identifies key economic issues affecting WIPP's membership and provides guidance on policy issues relative to their businesses.

An income tax cut, a new funding formula for schools and universities and a major expansion of vouchers are among the major policy changes included in the new two-year, $62 billion budget that got final House and Senate approval yesterday.

A former Honolulu police major who retired in 2011 amid allegations that he extorted money from the operator of an illegal gambling house pleaded guilty in federal court Tuesday to felony charges.

When Oakland, California rapper Brondon "Thudda Boy" McDaniel decided on his own last year to commit tax fraud, using a scheme he and two others devised a year earlier, he didn't realize the decision would result in his death, a prosecutor said Monday.