Taxes

The House passed a bill Friday that would gradually increase the child tax credit and make it available to higher income parents.

Two Democratic lawmakers plan to ask the Legislature to revamp a $50 million annual cap on tax incentives for film and television production in New Mexico.

Mississippi merchants and shoppers are gearing up for the fifth annual back-to-school sales tax holiday.

The House has passed a bill to simplify a complicated patchwork of tax breaks for higher education.

Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year under the new health care law.

A multi-agency task force in Massachusetts charged with recovering money lost in the underground economy has collected more than $15.6 million.

A state legislator says New Mexico should consider lifting a cap on film production tax incentives.

State lawmakers sent to Democratic Gov. Deval Patrick's desk on Wednesday a bill authorizing a $1 billion expansion of the Boston Convention and Exhibition Center.

An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.

Michigan on Tuesday approved state incentives for nine economic development projects expected to bring about 3,900 jobs, nearly half from General Motors consolidating engineering jobs from outside the state at a site in Michigan.

Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law.

State leaders have been touting Indiana's sizable cash reserves for years now, dubbing the state the "fiscal envy" of the nation, but on the other side of that equation, deep spending cuts have spurred frustration among educators, adoptive parents and others.

The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker.

The GOP-controlled House has voted to slash the budget for the Internal Revenue Service's tax enforcement division by $1.2 billion, a 25 percent cut that would mean fewer audits of taxpayers and make it more likely that people who cheat on their taxes will get away with it.

The owners of the Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September.

Ohio's casino tax revenue over the past year fell short of what state officials had predicted.

New Jersey officials on Thursday approved tax incentives worth $260 million over 10 years for a company to bring 395 jobs — many of them in manufacturing — to Camden, a city in dire need of employment options.

Kentuckians are buying more stuff, they just aren't paying as much in taxes.

Gov. Jerry Brown announced Thursday that he signed legislation creating a $420 million tax credit for aerospace contractor Lockheed Martin in a bill that also includes other tax incentives apparently designed to benefit California-based electric car maker Tesla Motors Inc.

Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto to strike $65 million from the General Assembly's own appropriation, urging a renewed effort to curb public-sector pension benefits for newly hired teachers and state workers Corbett, a Republican, said he wanted to avoid any more school districts raising property taxes to cover their pension obligations, and criticized the GOP-controlled Legislature for refusing to contribute any of its approximately $150 million surplus to help state government close a massive deficit.