State and Local Taxes

Some California lawmakers seeking to pressure the Boy Scouts of America to abandon its ban on openly gay members are taking a novel approach: They are threatening to strip the organization of its state tax exemption.

Just days after Daytona-owner International Speedway Corp. reported a first-quarter profit of $13.5 million, the Florida Senate on Monday began moving a bill that would give the NASCAR promoter and racetrack owner nearly $100 million worth of tax breaks over the next 30 years. Executives at Daytona Beach-based ISC said the incentives in the bill […]

PA Department of State Warns Businesses of "Annual Meeting Disclosure Statement" Scam

California's legislative leaders vowed to act with austerity after voters passed billions of dollars in tax hikes last November.

Live in California and earn $250,000 last year? Yes, you'll probably pay more in state taxes. Paying back a student loan? You might be able to deduct more from federal taxes than you expected. Commute to work? You could get a break, too.

An Ohio county appeals court has upheld an order requiring the state's largest for-profit manager of charter schools to share detailed financial records.

Twenty years ago, state lawmakers passed a tax break aimed at helping California entrepreneurs launch their own businesses.

Cash-hungry cities nationwide, many of them in the Northeast, are increasingly turning to the expanding nonprofit sector to help pay for city services.