The federal government is paying close attention to state efforts to help residents manage new limits on state and local tax deductions. » Read More
Tesla has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles. » Read More
U.S. President Donald Trump said on Tuesday he will propose new tax cuts sometime prior to November, when Republicans look to hold on to their majorities in Congress in midterm elections. » Read More
A DOJ lawyer also revealed Tuesday that Eagan Avenatti defaulted on back taxes from another bankruptcy proceeding, the Times reported. » Read More
Starting this July, residents in Massachusetts will be able to purchase recreational pot — and pay taxes on it.
The Chinese Finance Ministry announced Tuesday that auto tariffs for some cars will be cut to 15 percent, while some auto parts will see tariffs cut to 6 percent.
Australia's far-right One Nation party said it will not support the government's proposed corporate tax cut, all but ending Prime Minister Malcolm Turnbull's hope for a policy victory ahead of a series of by-elections.
Biotech companies and pharmacy benefit managers are outperforming the market, despite new pressure on drugmakers.
Want to be prepared to send your child to college in 2036? First, know how much it'll cost, then take these steps.
Japan is considering slapping tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, public broadcaster NHK said on Thursday.
Congress shouldn’t cut SNAP, it should give tipped workers a pay raise so they don’t need food stamps, says Saru Jayaraman.
If you own a small business, you just might qualify for a 20 percent tax deduction. Here's the problem: A number of business owners are still uncertain as to whether they can take it.
Indian Prime Minister Narendra Modi's party made big gains in the Karnataka state election, though political uncertainty over the outcome roiled financial markets.
Seattle's city council voted to impose a new "head tax" on the city's biggest companies, including Amazon, as a way of fighting rising real estate costs.
A U.S. Supreme Court ruling means states can pursue sports betting. Gamblers need to remember that anything they win would be taxed as regular income.
A Supreme Court decision on sports gambling could bring a temporary revenue windfall for states. But those betting on a long-term, reliable source of new funds face some long odds.
Connecticut, New Jersey and New York have recently passed laws that will allow taxpayers to dodge a cap on their ability to claim a key tax break. The only thing that's missing is an "OK" from the IRS.
The federal tax overhaul cut taxes for millions of American families and businesses. But the law also had an unintended effect: raising the state-tax bite in nearly every state that has an income tax.
After years of budget cuts, the IRS is leaner, but not meaner.
California Gov. Jerry Brown released forecasts Friday that trimmed the state's cannabis excise tax revenues projections for next year.
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