State Taxes

Payments under state or local tax credit programs may be deductible as business expenses

Payments under state or local tax credit programs may be deductible as business expenses

Business taxpayers who make business-related payments to charities or government entities for which the taxpayers receive state or local tax credits can generally deduct the payments as business expenses, the Internal Revenue Service said today.

Supreme Court Gives States Wide Authority To Collect Taxes On Remote Sales

Supreme Court Gives States Wide Authority To Collect Taxes On Remote Sales

The U.S. Supreme Court has given states broad authority to require online and other remote sellers to collect sales taxes. And it has largely ended decades of uncertainty over the ability to states to collect taxes on online sales.

From Head Taxes To Parcel Taxes, Cities And States Are Looking For New Ways To Raise Revenue

From Head Taxes To Parcel Taxes, Cities And States Are Looking For New Ways To Raise Revenue

Recent years have seen an explosion of other taxes. They represent only a small fraction of total state and local revenue, but the growing interest on the part of government officials is undeniable. What are they, and what accounts for them?