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.

Florida Governor Rick Scott, who boasts of cutting taxes dozens of times, has a chance to secure his legacy for years to come — even if Democrats manage to sweep his party completely out of power.

Four Democratic-led northeastern states sued the Trump administration to invalidate the new $10,000 cap on the federal tax deduction for state and local taxes.

New Jersey Governor Phil Murphy enacted a $37.4 billion spending plan that will fund his progressive agenda by raising taxes on large corporations and individuals making more than $5 million.

The Tax Foundation ranks states by how much they tax things like alcohol, cigarettes and lottery winnings.

The Tax Cuts and Jobs Act is having a major impact below the federal level.

New York State approved a fiscal year 2019 budget that contains provisions to lessen the impact of the new limitations on state and local tax deductions under the Tax Cuts and Jobs Act that Republicans in Congress passed last December.

States may receive a major boost in their corporate tax revenues as a result of the Tax Cuts and Jobs Act, according to a new report.

GRTs are being considered across the country as an improvement on state corporate income taxes -- but they come with serious issues.

The outlook on state and local tax for the coming year

Amazon has informed its third-party sellers whose products are stored in its facilities in Massachusetts that it will be providing information to the state tax authority in what is believed to be a first for the company.