Taxes

A new quiz by the state of Ohio to catch phony tax returns is puzzling some taxpayers.

Puerto Rico's governor on Friday defended his proposal to create a 16 percent value-added tax as pressure built on the government to fix its finances.

House Republicans are pushing through a series of tax cuts this week affecting millions of businesses and individuals, despite White House veto threats over the cost.

General Motors says it will build an electric car with a 200-mile range at a factory north of Detroit.

Marijuana makes money.

Pressured by Congress, the IRS has apologized for seizing banks accounts from otherwise law-abiding business owners simply because those owners structured bank transactions to avoid federal reporting requirements.

The state is spending nearly $450,000 a year on 17 tax credits, discounts and exemptions that should be terminated, according to a legislative report.

Lawmakers discussed a potential sales tax on services Tuesday as they vet ways to fund Gov. Brian Sandoval's budget and improve a tax structure that's been yielding less money as Nevada's economy evolves.

Colorado finally knows how much tax revenue it collected from recreational marijuana in the first year of sales, and the haul was below estimates — about $44 million.

If you're a billionaire living in Connecticut, chances are the tax department is keeping an eye on you.

The high cost of two major lawsuits against the state are complicating the next state budget, and it's not the first time that's happened.

Greece's prime minister has presented his newly-elected government's policy statement to lawmakers, proclaiming an end to the era of austerity and "five years of bailout barbarity." Insisting on a "bridge agreement" that would give Greece and its creditors time to negotiate a new debt deal much more favorable to the country by June, Prime Minister Alexis Tsipras appeared to insist on an approach that got short shrift from EU partners in a series of meeting that Tsipras himself, and his finance ministers, had with European officials this past week.

TurboTax says it has temporarily stopped processing state tax returns due to an increase in fraudulent fillings.

North Dakota's Senate is considering legislation that would drastically cut the time oil companies can burn off and waste natural gas for free.

Nevada lawmakers took the first step Friday toward reworking a live entertainment tax that many complain is confusing, riddled exemptions and out of step with current trends in entertainment.

Top New Jersey Democratic lawmakers say they are interested in reducing income taxes on retirees and estates as part of a deal to raise more money for transportation projects.

Arkansas lawmakers gave final approval Thursday to Gov. Asa Hutchinson's proposal to cut income taxes for the middle class by $102 million a year, a measure that also calls for reducing part of a 2013 capital gains tax break.

Even with gas prices hovering around $2 per gallon, Washington state lawmakers are considering a raft of bills to encourage more drivers to turn to electric cars in the name of reducing pollution.

Gov. Bruce Rauner laid out a first-year agenda Wednesday he said will help Illinois better compete with its neighbors, largely by stripping power from labor unions, shrinking the size of government and making the state more attractive to companies looking to create jobs.

A week after Nevada Attorney General Adam Laxalt broke rank with GOP Gov. Brian Sandoval in joining an immigration lawsuit aimed at the federal government, more of the state's top Republicans are turning away from the governor.