State taxes

New York state will stop basing its capital gains tax on federal government regulations if President Donald Trump follows through on his proposed unilateral change in how the levy is determined, Governor Andrew Cuomo said.

The U.S. Supreme Court’s decision will have far-reaching implications for domestic companies, unless states and policy makers act to reduce the compliance burden.

Facing the loss of a valuable deduction, high-tax states file a lawsuit.

Among the wealthy tri-state area set, there’s more buzz than ever about fleeing south to Florida, land of mild winters and, more importantly after last year’s federal tax overhaul, zero state personal income tax.

New York Governor Andrew Cuomo’s administration is investigating whether President Donald Trump’s charitable foundation violated state tax laws, said a person familiar with the probe.

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.

More than 75 percent of CPAs in New Jersey say the Garden State’s recently enacted budget would have a negative impact on the economy, according to a new survey by the New Jersey Society of CPAs.

The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.

Motion picture and TV production tax incentives should be incorporated in the tax planning process to lower the cost of production.

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.

Senate Minority Leader Charles Schumer, D-N.Y., is urging the Internal Revenue Service to back down on threats to challenge New York State’s efforts to allow taxpayers to circumvent the limits on state and local tax deductions in the federal tax overhaul.

Plan now for the future of corporate income tax when ‘bots do the ‘work.’

The SCOTUS' decision Thursday overturned two major previous cases, Quill and National Bellas Hess.

Avalara Inc. wasn’t a party in today’s U.S. Supreme Court decision that let states collect sales tax from online retailers, but it still looks like the case’s big winner.

A U.S. Supreme Court ruling Thursday will allow states and local governments to pursue sales taxes on more online transactions. The big question for Amazon.com Inc. is how states will collect it.

Chalk up another victory for brick-and-mortar retailers.

Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he’s created to help some of his wealthy clients get around the new property tax deduction cap that he’s using it himself.

Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.

A new Bloomberg Tax survey shows them grappling with a range of taxation issues.

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