Category: State Tax News & Profiles

[ad_1] Loss carryover provisions allow businesses to either deduct current year losses against future profits (carryforwards) or current year losses against past profits (carrybacks). Many […]

[ad_1] On 7 August, the Italian government surprisingly announced a new windfall profits tax on the banking sector, causing a loss of about €9.2 billion […]

[ad_1] At least eight Republican presidential hopefuls will take the stage Wednesday night in the first presidential primary debate of the 2024 election cycle—and the […]

[ad_1] Earlier this year, House Republicans introduced the American Families and Jobs Act, a package of three new taxA tax is a mandatory payment or […]

[ad_1] Key Findings New alternative nicotine products offer less harmful methods of consuming nicotine. Switching consumption from combustible cigarettes to the products saves lives. To […]

[ad_1] Throwback and throwout rules are obscure provisions of states’ taxA tax is a mandatory payment or charge collected by local, state, and national governments […]

[ad_1] One of the great skills of competitive sports is salvaging a narrow win—or at least, a draw—from a lost position. The U.S. may need […]

[ad_1] This is part of our educational blog series, “The Short Form,” to simplify tax issues and explore the world through the lens of tax […]

[ad_1] Should municipal payments to a taxpayer under a public-private financing agreement be considered a tax rebate? This question is now before the Supreme Court […]

[ad_1] In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems (ETSs), and carbon taxes. In […]