State taxes

Lawmakers are trying to drum up support to allow a debate on raising the state and local tax deduction cap as bipartisan tax package negotiations leave out those proposals.

Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.

The five states with the highest real-estate taxes have an average rate of 2.17%.

Cooling economic growth, tax cuts and weak stock-market performance are big contributors to the drop.

A new proposal would create new definitions of digital goods for state taxation.

Automation pitfalls; partners in meetings; offering financial planning; and other highlights from our favorite tax bloggers.

The classification of marijuana as a Schedule I controlled substance has put cannabis businesses in a bind as far as federal taxes go, even as more states move to legalize the plant.

The Golden State is poised to fall well short of its budget forecasts as the recent stock market slump erodes the state's tax takings.

These are the bottom 20 states ranked by return on investment for taxpayers, based on quality of government services versus how much they cost.

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.

The first half of 2023 saw a flurry of state and local changes, with governments relying more on indirect taxes as borrowing becomes more expensive and the cost of providing programs increases.  

Possible staffing remedies; declared dead; Moore moves; and other highlights from our favorite tax bloggers.

The Internal Revenue Service issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.

Tax authorities worldwide are deciding how to tax non-fungible tokens. Now is the time to get clarity on this quickly evolving phenomenon.

That's an improvement over the first quarter, where they lost twice as many as they won.

If you have clients with businesses in multiple states, product or service sales in different states, or employees in other states, they need to know a thing or two about nexus.

Sales of non-fungible tokens are taking place across jurisdictions, both state and national, and tax authorities are starting to take notice.

California may have some of the highest personal income taxes in the country, but it's one of the few states that doesn't tax lottery wins.

The former governor said he would keep the cap if elected president, declining to roll back a policy that has become a flashpoint for taxpayers in his own state of New Jersey.