State tax revenues

States are enjoying windfalls after struggling to predict how President Donald Trump’s federal tax law changes would ripple through their revenue.

The main tax revenue for U.S. states declined by an average of almost 2 percent during the last three months of 2018 from the same quarter a year earlier.

New York Assembly Speaker Carl Heastie added momentum to the idea of taxing non-resident owners of multi-million dollar apartments as a way to help pay for billions of dollars of regional transit improvements.

New York collected $2.3 billion less income-tax revenue than predicted for December and January, and the governor blamed the new federal tax law.

Wayfair and the Tax Cuts and Jobs Act continue to dominate.

A New Jersey Society of CPAs poll found that just over half of local professionals support adult-use cannabis, while close to half see it benefiting the state's economy.

False accusations against a taco chain in Seattle offer a cautionary tale for businesses and their advisors.

The state program will run through Jan. 15

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

Each state handles taxation of 1031 exchanges differently, but Pennsylvania is a particular outlier.