State taxes

Major companies are fighting against the legislation's attempt to cut income taxes in the Peach State.

A recent study calculated which U.S. states have the lightest touch when it came to dipping into their residents' pockets.

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.

If the change were enacted, New York's estate tax exemption threshold would be the lowest in the U.S.

While Republican-led states are mostly adopting the various tax changes from the One Big Beautiful Bill Act, some states led by Democrats are refusing to go along.

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.

By the time they realize it's too hard to do in-house, it may be too late.

Only a few state governments are ready to transition out of the IRS FIRE system and into its new IRIS system next year.

New York City Mayor Zohran Mamdani has thrown down an ultimatum, threatening to raise property taxes by nearly 10%.

New proposals in seven states could soon subject over half of all U.S. millionaires to targeted high-earner tax rates.

After nearly a century of trying, Washington state Democrats could finally pass an income tax — a move that would hit 30,000 or so top earners.

Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.

The White House Council of Economic Advisers released a research study analyzing the economic impact of state income tax elimination.

The announcement adds a prominent voice to a debate that has divided top Democrats and rattled Silicon Valley's elite.

States generally assert taxing authority over income based on two core principles: residency and source.

The Tennessee Society of CPAs organized an annual visit to the state capital in Nashville to visit legislators and call on them to make changes in state laws.

The ballot initiative was proposed by a California union as a way to fund health care.

Rhode Island Governor Dan McKee proposed a higher tax on millionaires to help fill a hole in the state's budget.

A proposed tax on billionaires in California has led to fear among investors and shows the difficulty of doing business in the state.