News

With the budget overdue and facing significant deficits, one GOP leader says he’s willing to consider changes.
Sales tax exemptions for everything from newspapers to legal services to candy cost the commonwealth billions every year, and at least one top policymaker says he’s open to getting rid ...
The Office of State Budget Director reported today that General Fund receipts for fiscal year 2025 (FY25) totaled $15,703.2 ...
Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...
Opinion: Tax Foundation's Sean Bray says ongoing battles over the global minimum tax are stifling foreign direct investment ...
Canadians may notice that their paycheques are now a little bit larger. A change to federal income taxes took effect earlier ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year ...
Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...