Real estate market in Hamptons is ‘in a rut’ due to new tax law, report says
One of the country’s most coveted areas is said to have a problem selling homes due to the federal tax code that was approved by Congress in 2017.
Taxes
Millionaires in Connecticut ask state to raise their taxes
The state is struggling to fill a large budget deficit.
Wynn and MGM in talks about sale of Encore Boston casino
Two major casino operators are in preliminary talks about the possible sale of one of the largest casinos in the Northeast.
Trump administration rejects subpoena for tax returns
The Trump administration is missing another deadline to produce President Donald Trump's tax returns.
Chicago becomes first major city to collect ‘Netflix tax’
Chicago becomes the first major city to collect what’s dubbed the “Netflix tax.”
Intuit defends practices amid claims it hid free-filing options from low-income taxpayers
The major U.S. tax preparer has already been sued over the allegations.
IRS could be wasting even more taxpayer dollars than it reports
A new report claims the agency may be underestimating is estimate of improper payments for two tax credits.
New York, California get 'aggressive' when residents try to flee high taxes
Experts say some high-tax states make it difficult for residents to change their domicile.
NBA players, pro athletes face mounting tax bills
The Tax Cuts and Jobs Act made “unfavorable” changes affecting professional athletes, one expert says.
2020 Democratic hopefuls would bring socialism into view
Since they started actively campaigning in January to become the Democratic nominee for president, the Democrats have been in a bidding war to widen the scope of government – dramatically.
Supreme Court says 1 state can't be sued in another's courts
The Supreme Court is ruling that one state cannot unwillingly be sued in the courts of another, overruling a 40-year precedent.
Middle class was anything but left behind by Trump tax reform
The U.S. jobless rate is at a 50-year low, but according to the left, the current strong economic outlook is purely coincidental.
New budget proposal tackles homelessness in California
California Gov. Gavin Newsom proposed a $213 billion state budget Thursday that boosts spending on K-12 education, wildfires and homelessness.
Weaker-than-expected marijuana sales ding California budget
California is paying a price for the shaky rollout of its legal marijuana market.
Tax rates might be lower, but rich subject to greater tax burden
The top 1 percent accounted for about 37.3 percent of all income taxes paid in 2016.
IRS to release new W-4: What to expect
The IRS is expected to release a draft version of the form later this month.
Panthers owner needs tax breaks for SC practice fields move
Carolina Panthers owner David Tepper says he wants to move his practice fields to South Carolina, but if the state can't help him with incentives, he's fine keeping them in North Carolina.
Trump within legal rights to pile up massive tax losses: Judge Napolitano
Trump was doing creative accounting, Judge Napolitano said regarding the New York Times report on the president's taxes.
Florida-based 'Unhappy New Yorkers' campaign targets fed-up taxpayers
Florida received more inbound movers from New York than any other state last year.
Bernie Sanders underpaid taxes by $4K in 2009, analysis shows
An expert told the Journal three mistakes on the forms lowered Sanders' reported taxes.