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Crypto Traders Had Rough Tax Season, Intuit CEO Says
Streamlined Sales Tax States Explore Online Tax Filing Portal
Online sellers would have an easier time looking up state and local sales tax rates and filing returns under a pair of initiatives approved Tuesday by the governing board of the Streamlined Sales and Use Tax Agreement, a compact harmonizing sales tax codes.
California Spending Cap Triggers Deficit Despite Record Revenue
California Gov. Gavin Newsom’s proposals to use billions in excess revenue on one-time expenses may avoid triggering a 1970s law meant to constrain per-capita spending this year, but that won’t last long, the Legislature’s nonpartisan fiscal and policy analyst said Tuesday.
Bill Would Boost California Renter’s Tax Credit Set in 1979
For the first time since 1979, California would increase a tax credit for low-income people who rent their homes under a bill the state Senate passed Tuesday.
Samsung, Stellantis Invest $2.5 Billion in US Battery Plant (2)
Dallas Weighs $5 Million in Incentives to Keep Neiman Marcus
Neiman Marcus Group Inc., owner of the luxury department-store chain, could snag more than $5 million in government incentives to keep its headquarters in Dallas.
New York City Tax Revenue Forecast to Decline on Fed Rate Hikes
New York City’s tax revenue will likely decline amid an anticipated economic slowdown due to the Federal Reserve’s projected rate hikes later this year, the city’s Independent Budget Office said Tuesday.
Tax Your Crypto and NFTs? Yes, the IRS Wants Its Cut
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