The Internal Revenue Service (IRS) has issued additional guidance on state or local tax (SALT) cap workarounds, and there are no real surprises. The guidance largely puts an end to the benefits of those
A proposal from Rep. Richard Neal (D-Mass.) would upgrade the Earned Income Tax Credit. The odds against it remain high. WASHINGTON ― Democrats in Congress and on the 2020 campaign trail have proposed
The Latest on New Jersey Gov. Phil Murphy's tax credit task force (all times local): A Democratic political powerbroker is asking lawmakers for a chance to clear what he called the "clouds of suspicion"
Virginia Gov. Ralph Northam said Tuesday that residents who have not filed their individual state income taxes need to by July 1 to be eligible for a one-time refund. In a statement, Northam (D) said must
As Congress begins to turn toward tax policies to help clean energy manufacturing, electric vehicle tax credits aimed directly at more affordable vehicles are gaining speed, just as a previous Forbes and
Task force found some companies may have been improperly awarded tax credits Gov. Phil Murphy said he would veto legislation extending New Jersey’s economic-incentive programs after a report found some