Lawmakers push to exempt retirement income from state income tax to stop seniors from leaving
Top lawmakers are pushing to exempt Social Security, pensions and other retirement income from the state income tax as a way to stop seniors from leaving Rhode Island.
Gamblers' optimism? Revenue from newest casinos comes up short of states' expectations
For anyone betting on the Northeast's casino bonanza, the odds are long on projects hitting financial expectations.
Arizona House approves bill adjusting income tax brackets yearly for inflation
The Arizona Senate on Monday joined the House in passing a bill that adjusts tax brackets every year to account for inflation, despite a large state budget deficit.
APNewsbreak: Senior Democrats seek sign-up extension for people facing health law penalties
The official sign-up season for President Barack Obama's health care law may be over, but leading congressional Democrats say millions of Americans facing new tax penalties deserve a second chance.
Questions about plaintiffs unlikely to derail Supreme Court case on health overhaul subsidies
Despite questions about four challengers' legal right to bring their lawsuit, the Supreme Court probably will not be deterred from deciding whether millions of people covered by the health care overhaul are eligible for the subsidies that make their insurance affordable.
As Congress warns of 'amnesty bonuses,' Social Security says immigrants boost tax receipts
Millions of immigrants benefiting from President Barack Obama's executive actions could get a windfall from the IRS, a reversal of fortune after years of paying taxes to help fund government programs they were banned from receiving.
State quiz used to deter income tax fraud leaves some Ohioans puzzled, fearing identity scam
A new quiz by the state of Ohio to catch phony tax returns is puzzling some taxpayers.
Puerto Rico leader pushes for value-added tax amid scrutiny from public, credit rating agency
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 GOP pushes $300 billion package of tax cuts despite White House veto threat over cost
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 to build electric car with 200-mile range at factory north of Detroit
General Motors says it will build an electric car with a 200-mile range at a factory north of Detroit.
With 1 year in the books, Colorado's pot taxes have lessons for other states
Marijuana makes money.
IRS Apologizes for Seizing Accounts of Small Businesses
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.
Committee hears report on tax breaks, exemptions, discounts offered by state
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.
Nevada lawmakers consider expanding sales tax to include services
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 collects $44 million in recreational marijuana taxes for 2014, below projections
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.
Please don't leave! Connecticut tax agency keeps close watch on state's super-rich
If you're a billionaire living in Connecticut, chances are the tax department is keeping an eye on you.
Millions in lawsuit settlements strain state budget, prompt questions over policy decisions
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 proclaims end to austerity in new government's policy statement
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.
Tax preparer TurboTax halts the processing of state tax returns on fraud reports
TurboTax says it has temporarily stopped processing state tax returns due to an increase in fraudulent fillings.
North Dakota bill requires payment of taxes, royalties on wasted natural gas within 2 weeks
North Dakota's Senate is considering legislation that would drastically cut the time oil companies can burn off and waste natural gas for free.