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Low-Wage Tax Penalty Risks Sparking Contract Labor Boom
A Democratic plan to slap tax penalties on companies with too many low paid workers would drive larger firms to outsource more of their labor unless Senate Finance Chairman Ron Wyden can plug potential holes in his plan, economists warned.
Wave Computing Bankruptcy Sale on Track With Fee Issue Resolved
Delaware has issued the certificates Wave Computing Inc. needed for its $61 million bankruptcy sale after the company agreed to pay franchise tax fees owed to the state.
Maryland Moves Closer to Expand Tax Credit to Immigrants
State lawmakers passed legislation that would make immigrants living in Maryland eligible for a tax break for low-income workers.
Marijuana Dispensary Urges Supreme Court to Review IRS Summons
A Colorado marijuana dispensary argued the U.S. Supreme Court should consider a challenge to an IRS summons over possibly improper business deductions because the case offers an opportunity to address the definition of constitutional income under the 16th Amendment.
Wisconsin Cranberry Tax Nears End; Mississippi Reform on Tap
The Week in Wayfair: Wisconsin moved forward with ending its sales tax on dried cranberries; Mississippi took up a major proposal to cut income taxes while raising sales taxes; Missouri moved closer to requiring tax collection by remote sales and marketplace facilitators; and Louisiana looks at a single sales-tax collection entity.
Democrats Scramble to Add Wage Hike Without Slowing Stimulus
Democrats are racing to salvage a key progressive agenda item -- higher wages for low-paid workers -- but they are running out of time to attach it to their $1.9 trillion stimulus bill and pass the legislation by a March 14 deadline.
Key Democrat Pushes 5% Penalty to Force Big Firms to Raise Wages
Senate Finance Committee Chairman
House Set to Pass Stimulus as Minimum-Wage Hike Dealt Blow (2)
The House is poised to pass President
Start Now on Remote-Work Tax Planning for 2021: Opinion
Many employees are approaching the one-year mark of working from home, with no set date to return to the office. For those who live in different states from where their employers are based, tax returns due this year and beyond may be particularly
How Sports Betting Impacts State Budgets
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Featured Topics
credits and incentives
Maryland Moves Closer to Expand Tax Credit to Immigrants
House Set to Pass Stimulus as Minimum-Wage Hike Dealt Blow (2)
Start Now on Remote-Work Tax Planning for 2021: Opinion
individual income tax
Maryland Moves Closer to Expand Tax Credit to Immigrants
Start Now on Remote-Work Tax Planning for 2021: Opinion
Soaring U.S. Incomes Help Drive Biggest Spending Gain Since June
sales and use tax
Wisconsin Cranberry Tax Nears End; Mississippi Reform on Tap
Just One Shot at Car Trade-in Tax Break, New Jersey Court Rules
No Credit Card Debt Tax Offset for Minnesota Home Center Chain
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Featured States
California
Maryland Moves Closer to Expand Tax Credit to Immigrants
California Lawmakers Pass $600 Virus Checks, Small Business Aid
Koch-Backed Group Argues California Donor Law Unconstitutional
Texas
Texas Extends Franchise Tax Deadline in Response to Winter Woes
White House Stimulus Math: Do 70 TV Hits, Ensure Zero Defections
Remote Workers Face Double-Taxation Risk in Messy Filing Season
New York
Start Now on Remote-Work Tax Planning for 2021: Opinion
Merrill Expands Wealth Unit as Rich Clients Flock to Florida (1)
Trump’s Tax Returns Arrive at Manhattan Prosecutor’s Office
Florida
‘Sham Transactions’ Trigger States to Crack Down on Tax Havens
Merrill Expands Wealth Unit as Rich Clients Flock to Florida (1)
Tampa Bay Area Transportation Tax Blocked by State High Court
Illinois
Eleven States File Bills to Curtail Tax Incentive Poaching
‘Fix-The-Glitch’ Sales Tax Bill Wins Support in Florida
Illinois Governor’s Budget Cuts Costs, Corporate Tax Breaks (1)
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