Taxes June 6, 2026
Counties, cities and towns putting together their budgets for next year say if the property tax amendment passes, all manner of government services could be curtailed.
Taxes May 2, 2025
While he did not elaborate, President Donald Trump posted to his Truth Social feed early Friday: “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!”
State and Local Taxes May 2, 2025
The $10,000 cap on SALT, one of the most contentious issues in the GOP debate on its giant tax bill, remained unresolved as lawmakers left Washington on Thursday.
Taxes May 1, 2025
Harvard's conflict with the Trump administration may not just threaten its research funding. The president said that the university “perhaps” should lose the tax exemption it enjoys as an educational institution.
Taxes May 1, 2025
Most states' tax systems already put a higher tax burden on lower-income households, but that trend only accelerated in this year's legislative sessions, worrying advocates who want to see the rich pay a larger share.
Payroll May 1, 2025
The U.S. economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.
Taxes April 29, 2025
A bipartisan duo is reintroducing a popular measure this week that would expand the low-income housing tax credit with an eye toward including it in Republicans’ budget reconciliation package.
Taxes April 28, 2025
In total, the agency has issued roughly $228.7 billion in refunds so far during the 2025 tax season, up 3.9% from the $220.2 billion issued at this time last year.
Taxes April 28, 2025
President Donald Trump suggested on April 27 that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.
Taxes April 28, 2025
Voter discontent with President Donald Trump’s economic stewardship is sinking his popularity as he approaches the symbolic 100-day mark of his second term, ratcheting up pressure on congressional Republicans to pass his tax plan.
Small Business April 28, 2025
Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.
Payroll April 28, 2025
Federal employee pension benefits are set to be pared back in Republicans’ giant tax-and-spending package working its way through the U.S. House, another slap at a workforce roiled by Elon Musk’s cost-cutting efforts.
Payroll April 28, 2025
In an interview with TIME magazine published on April 25, President Donald Trump said he would not sign legislation that calls for cuts to Social Security or federal health coverage for older and low-income Americans.