
Latest Stories
NY Prosecutors Seek Records on Trump’s Seven Springs Estate (1)
New York City prosecutors, who are investigating President
San Francisco Sees Budget Gaps as Highly-Paid Workers Flee City
San Francisco officials expect to see budget shortfalls reaching $503 million in five years and said it’s unclear if high-wage workers will return to the technology hub after the coronavirus pandemic subsides.
NYC Property Values Decline 5% as Offices and Hotels Stand Empty
New York City property values are set to decline 5.2% from the current fiscal year, the biggest decline since the early 1990s, highlighting the toll the pandemic has taken on the city’s commercial and residential property values.
New York, Alabama Conform to Federal PPP Expense Deduction Rule
New York and Alabama will conform to a provision of the latest federal pandemic relief law that allows businesses to deduct expenses funded with forgiven Paycheck Protection Program loans.
Arizona Governor Pitches Income Tax Reform in Budget Proposal
Arizona Gov. Doug Ducey (R) wants state lawmakers to pass $200 million in income tax relief for the 2022 fiscal year, according to his budget proposal released Friday.
Colorado Legislature Restores Several CARES Act Tax Deductions
Colorado lawmakers approved a bill Friday that aims to restore some of the tax deductions triggered by federal CARES Act relief law last year which were taken away when the state General Assembly decoupled from the federal tax code.
Connecticut Erases $800 Million Gap As Income Taxes Surge
Connecticut erased its $800 million budget gap for the current fiscal year as revenue from capital gains and business taxes exceeds projections.
California Tax Board Seeks Fast Fixes for Inherited Property Law
California’s elected board overseeing property taxes is scrambling to fix confusing and conflicting provisions of a voter-approved law that limits tax breaks for inherited property.
Featured Topics
credits and incentives
California Lawmakers, Governor Float SALT Cap Workaround Plans
Occidental to Catch Carbon From the Air and Use It to Pump Oil
Bond Market Tax Haven Shrinks as Corporate-Style Munis Surge (1)
individual income tax
California Lawmakers, Governor Float SALT Cap Workaround Plans
Beating Biden’s Day One Freeze Sparks Stampede to Lock in Rules (1)
PPP Expense Deductions to Cost States Billions in Revenue
sales and use tax
San Francisco Sees Budget Gaps as Highly-Paid Workers Flee City
Kansas Poised to Stick to No Seller Exemption for Remote Taxes
States Pursue Online Ad Taxes to Help Fill Budget Gaps (Podcast)
Other Topics
Featured States
California
San Francisco Sees Budget Gaps as Highly-Paid Workers Flee City
California Tax Board Seeks Fast Fixes for Inherited Property Law
Digital Realty Is Latest Firm to Leave California for Texas (1)
Texas
Digital Realty Is Latest Firm to Leave California for Texas (1)
Texas Oil-Gas Lobby Seeks Infrastructure Jolt to Boost Industry
Texas Sales Tax Collections Fall 5% in December: Comptroller
New York
NY Prosecutors Seek Records on Trump’s Seven Springs Estate (1)
NYC Property Values Decline 5% as Offices and Hotels Stand Empty
New York, Alabama Conform to Federal PPP Expense Deduction Rule
Florida
Point72 to Expand With Florida Offices as Managers Head South
Digital Realty Is Latest Firm to Leave California for Texas (1)
Taxing Tech Giants on Cash-Strapped States’ Agendas in New Year
Illinois
Illinois Fails to Fix Double Taxation of Marketplace Sellers
Illinois Lawmakers Reject Bid to Cut Business Tax Breaks
N.Y. Law Spotlights Lost Nuclear Plant Tax Revenue Nationally
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