Property tax rates have fallen for years in the city, but city officials are now considering property tax increases to address the costs of recent natural disasters. Houston officials are exploring an ...
The federal government collected $7.2 billion from taxes on retirement annuities of railroad workers in fiscal year 2023.
Maryland joins IRS Direct File. State Comptroller Brooke Lierman said last week that an estimated 700,000 state residents could qualify for the IRS’s free online tax filing program. The IRS piloted ...
Republican presidential nominee Donald Trump recently proposed cutting the current 21 percent corporate tax rate to 15 percent for companies that do not outsource, offshore, or replace American ...
Both Donald Trump and Kamala Harris are promoting a troubling idea: Hyper-targeting tax subsidies to narrowly favored activities or occupations. While Trump and Harris ...
Many families find child care expensive and difficult to access . Senators Tim Kaine (D-VA) and Katie Britt (R-AL) have ...
Congress is back with a big to-do list. But, as TaxNotes reports (paywall), Congress will be in session together for only 13 days, increasing pressure to pass a continuing resolution before federal ...
The American Rescue Plan Act of 2021 (ARP) temporarily expanded the so-called “childless” EITC, or the earned income tax credit for workers without children at home. The maximum credit for these ...
Harris’s proposed newborn tax credit could be worthwhile with sound administration. TPC’s Margot Crandall-Hollick examines a proposal by Democratic presidential nominee Kamala Harris. As part of ...
Democratic presidential nominee Kamala Harris has vowed to make permanent temporary expansions to the child tax credit (CTC) and earned income tax credit (EITC) ...
Harris’s proposed newborn tax credit could be worthwhile with sound administration.
The Tax Cuts and Jobs Act (TCJA) of 2017 made sweeping changes to individual and corporate taxation including cutting the corporate rate from 35 percent ...
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