State and Local Taxes

Minnesota Governor Mark Dayton released his state budget proposal on Tuesday morning, a package that includes some significant changes to the state's tax code.

Gov. Andrew M. Cuomo unveiled a $142.6 billion budget proposal Tuesday that includes about $4 billion in federal aid for superstorm Sandy recovery.

Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal […]

In the wake of the multimillion budget deficit that escaped the attention of Florida's Manatee County school district leadership for months, the community quickly focused on the backgrounds of the district's primary leaders.

Gov. Rick Snyder wasted no time implementing one of his proposals from Wednesday night's State of the State address, signing an executive order Thursday to create the new state Department of Insurance and Financial Services.

Critics contend Gov. Deval Patrick's call to raise the income tax will kill jobs and make the state less competitive, but supporters say it will pay for itself and spur growth.

The state's inheritance tax can leave heirs scrambling to cover a tax bill. And many end up selling the business or taking out costly loans.

Taxes for the Virginia unemployment insurance benefits are set to decline this year for the first time since the recession hit.