State taxes

As difficult as taxes may be, they're also important for multistate businesses to get right.

The Bekkerman case held that California may tax a bundled cellphone at the full price as an unbundled cellphone, rather than the discounted price.

Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.

Changes in rates and rules at every level require advisors to stay on their toes.

Four states have no state and local sales taxes, making them the most attractive places for consumers to go shopping.

The least attractive place to go shopping has a combined sales tax rate of 9.563%.

While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.

Leaving Washington state, which in 2022 introduced a 7% tax on capital gains, could have saved Bezos $288 million in taxes after he unloaded $4 billion of Amazon.com stock in the past week.

The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.

Two bills in Massachusetts this year would target Harvard's endowment and its policy of admitting legacy applicants.

The city's department of finance audited Signature after the bank shuttered in March and found tax deficiencies for years 2015 through 2021 related to unreported income allocation and adjustments to investment and capital income.

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.

Money manager Brian Heywood has already spent nearly $7 million of his own money to get six ballot initiatives in front of Washington State voters this November, half of them tied directly to taxes.

Companies and state tax authorities are embroiled in court cases that could have a major impact on how states handle taxes on digital advertising, online sales and transfer pricing.

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.