State taxes

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.

Election day tax choices; 199A decisions; data mining; and other highlights from our favorite tax bloggers.

If your favorite NFL team doesn’t make it to the playoffs, President Donald Trump’s tax overhaul might be in part to blame.

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.

Empire State taxpayers sent about $24 billion more to the federal government last year than they got back in spending.

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.

Authorities tried to collect an allegedly unpaid $655,000 unemployment tax bill, but car maker said it's a clerical error.

The IRS has already said that it wants to shut down this kind of end run.

Hedge fund and private equity managers in Connecticut may have more to like about the state’s novel workaround for a new cap on state and local tax deductions.

A bipartisan group of lawmakers in the House has introduced legislation to clarify interstate sales tax collection requirements in the wake of the Supreme Court’s decision this year in South Dakota v. Wayfair.

The Internal Revenue Service is hoping to expand the number of states who share data with the IRS as part of a joint federal and state program that’s trying to crack down on tax evasion.

Rates may be making it harder for teams to attract top talent, according to an academic study.

Lawmakers approved the measure this spring as a way to get around limits in the new federal tax law on state and local tax deductions.

The Taxpayer Protection Act requires tax preparers to use their PTINs to file state returns and includes other measures to stop bad apples.

The Internal Revenue Service and the Treasury Department are following up on their threat to forestall attempts by states to get around the $10,000 limit in the Tax Cuts and Jobs Act on deductions of state and local taxes by setting up state-run charitable contribution funds.

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.

The Internal Revenue Service put the tri-state area on notice: The charitable workarounds New York, New Jersey and Connecticut approved following the new federal cap on deductions for state and local taxes aren’t acceptable to the federal government.

Changes to state tax laws for unincorporated businesses could help them circumvent the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.

The decision has implications for small to midsized businesses that must adapt to remain compliant.