Taxes

The California Assembly on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves.

The House Ways and Means Committee chair said tax receipts for the first eight months of the year are the highest in American history.

The championship pot for this season is about $22 million.

The Treasury Department issued a final ruling on one strategy this week.

Joe Biden targeted corporate greed during a campaign stop in Mount Pleasant, Iowa, on Tuesday ⁠by taking aim at one of the world's most valuable brands: Amazon.

The state faces a projected budget deficit of $3.7 billion over the next two fiscal years.

The Treasury Department has issued final rules that would clamp down on taxpayers trying to circumvent a new cap on state and local tax deductions.

The tax reform law capped SALT deductions at $10,000.

New Jersey called "Action!" on a new film tax credit program Tuesday, approving its first awards totaling $6.2 million for four projects, including a film starring Chazz Palminteri.

Stiffer financial penalties kick in on Friday.

With the arrival of tax bills and refunds in the late spring and early summer, the Internal Revenue Service (IRS) is also warning taxpayers against various tax scams that have begun to crop up.

I have to give Bloomberg credit because at least he plans to spend his own money to achieve his impossible green dream. Biden and Warren, on the other hand, want to spend your money.  

Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

The state is looking to modify its 4.95 percent income tax rate.

Lawmakers are said to have removed a provision from a bill that would have prevented the IRS from creating its own free filing software.

Tariffs on Mexico would constitute a $12.5 million cost increase on beer importers during the month of June.

U.S. players in Toronto face a top combined Canadian tax rate of more than 50 percent.

The tax agency is looking at Uber’s 2013 and 2014 taxes, while charges dating back to 2010 across some foreign jurisdictions are subject to change.

According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.

Connecticut is facing a projected budget deficit of about $3.7 billion over the next two fiscal years.