THE BLUEPRINT: Long Island officials unite to challenge a proposed corporate tax hike in New York State. The plan could raise the corporate rate from 7.25% to 11.5%,…
Read more Leaders push against proposed corporate tax hike in NYS | Long Island Business NewsWestend61 | Westend61 | Getty Images As home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home’s profit could…
Read more Your home sale could trigger capital gains taxes. Here’s how to calculate your billU.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize port infrastructure in…
Read more Why U.S. ports are getting a $21 billion upgradeMireya Acierto | Photodisc | Getty Images It’s not unusual for wealthy taxpayers to relocate from high-tax states to low-tax states. There’s evidence in population trends: Texas and…
Read more Op-ed: Thinking of moving your primary residence to a tax-advantaged state? Take these stepsThe IRS on Friday issued federal tax guidance for millions of Americans who received state rebates or payments in 2022. The announcement came about a week after the…
Read more IRS says many state rebates aren’t taxable at the federal level. Some may face filing struggle, tax pros warnIncome tax can take a big bite out of your wallet and your business’s bottom line. But not every state in the union charges income tax. Some states,…
Read more 9 States With No Income Tax: Everything To KnowLUXEMBOURG — The European Union’s top court on Tuesday overturned a decision requiring automaker Fiat Chrysler to pay up to 30 million euros ($30 million) in back taxes…
Read more EU court sides with Fiat Chrysler in tax advantage caseVALDOSTA, Ga. — A Mexican bakery will be turning out more bread in south Georgia, announcing a larger bakery to go with a smaller one that it’s already…
Read more Mexican company to build $200M, 295-worker bakery in GeorgiaPHOENIX — A former Phoenix Suns ticket office executive has been sentenced to one year in jail and three years of supervised probation in connection with a fraud…
Read more Ex-Suns ticket executive gets 1 year in jail in fraud schemeANNAPOLIS, Md. — The nation’s first tax on digital advertising was struck down as unconstitutional by a Maryland judge on Monday. It’s a law that attorneys for Big…
Read more Maryland judge strikes down nation’s first digital ad taxJACKSON, Miss. — A Mississippi judge on Thursday blocked a state law that put $10 million of federal pandemic relief money into infrastructure grants for private schools. The…
Read more Mississippi judge blocks private schools’ tax-funded grantsSACRAMENTO, Calif. — California Gov. Gavin Newsom said Friday he will call a special session of the state Legislature in December to pass a new tax on oil…
Read more Newsom to call special legislative session over gas pricesSACRAMENTO, Calif. — California Gov. Gavin Newsom said Friday he will call a special session of the state Legislature in December to pass a new tax on oil…
Read more Newsom to call special legislative session over gas pricesSACRAMENTO, Calif. — California Gov. Gavin Newsom said Friday he will call a special session of the state Legislature in December to pass a new tax on oil…
Read more Newsom to call special legislative session over gas prices
