Taxes
Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
Major property tax cut in Iowa comes closer to passage
The Iowa Senate voted 43-6 Wednesday to pass a wide-ranging, historic tax relief package that will benefit all property classes, provide an estimated $120 credit to income taxpayers, and give a break to low-income working families.
Kansas Legislators clash on tax negotiations
Negotiations between House and Senate Republicans over tax-cutting proposals crashed Thursday morning as Senate leaders moved ahead to potentially vote on a new plan that House leaders say they haven't seen yet.
Los Angeles mayor’s office: Both sides expect smooth transition
Los Angeles Mayor Antonio Villaraigosa began the formal transition of power to his successor on Thursday, hosting Mayor-elect Eric Garcetti for breakfast at Getty House where he told reporters that the city councilman had his "full support."
New Hampshire Senate nixes tobacco & gas tax hikes
In what a key lawmaker called "retribution" for casino gambling being killed by the House, the state Senate Thursday killed the House-passed 67 percent hike in the state's gasoline tax.
Cities raising fees instead of taxes
Some municipalities along South Carolina's Grand Strand have begun to look at fee increases as a way to bolster revenue while keeping residents' property tax rates steady.
‘Tax Free New York’ offers 10 years of zero sales, property & business taxes
New businesses would operate completely tax free for 10 years, including no income tax for employees, as well as no sales, property or business taxes.
IRS announces third quarter 2013 interest rates
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
Audit of Seattle schools finds trouble with federal grant spending
May 23–Seattle Public Schools may have to repay as much as $490,000 to the federal government because state auditors say the district did not spend some of its federal grant money appropriately in the 2011-12 school year. The auditors, in one of their regular audits of the school district, questioned how the district spent funds […]