Stories Tagged as
State taxes
If your student loans were forgiven last year, what does that mean for your tax bill?
Feb 15, 2024
Due to a temporary change in the law, student loan forgiveness is not considered federally taxable income. State tax laws vary, though.
Georgia recognizes embryos as dependents, for a $3,000 state income tax deduction
Sep 27, 2022
Critics say the new deduction opens the door to state scrutiny of a woman's health status.
As state unemployment trust funds empty, employers face soaring taxes
Mar 24, 2021
States are scrambling to raise money — and changing their unemployment systems in other ways.
When businesses aren't making money, local governments aren't making money.
Apr 14, 2020
Cities and states will have to rethink their budgets because of tax revenue loss.
How state treasuries have fared since Supreme Court ruling on online sales tax
by
Erika Beras
Jun 21, 2019
Most online sales were exempt — until the justices said they weren't.
State tax revenue takes a hit from SALT cap
by
Andy Uhler
Feb 5, 2019
The 2017 tax reform law put a cap on how much state and local taxes Americans can deduct on their federal tax returns. Now states are beginning to feel the pinch of reduced tax revenue because many people are moving away from high-tax jurisdictions. The situation is so bad in the northeast where tax rates […]
Nevada’s "tampon tax" ballot initiative brings up questions about fairness and gender equality
Nov 1, 2018
Women voters are thinking beyond their own wallets when heading to polls this November.
For public good, not for profit.
States and cities that raise tolls and taxes may get a leg up for federal infrastructure money
by
Jed Kim
Apr 27, 2018
What’s that old saying? You’ve got to spend money to make money? The U.S. Department of Transportation is trying a variant on that when it comes to funding road and bridge improvements. It’s tripled the amount of money in what’s known as the BUILD Transportation Discretionary Grant program to $1.5 billion. But part of the criteria for state […]
With the tax bill signed, a fight with hard-hit states begins
by
Ryan Kailath
Jan 10, 2018
California and New Jersey are exploring the use of charitable contributions to offset taxes.