Record spending and a return to pushing tax hikes, that is the unfortunate reality of New Jersey Governor Phil Murphy’s budget proposal. Just last year, New Jersey’s excessive corporate income tax surcharge was finally allowed to expire – as was the original sales pitch when the surcharge was first enacted. The state’s rate was the […]
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states President Biden has formally proposed the highest capital gains tax in over 100 years. Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate
As President Joe Biden visited Scranton, Pennsylvania, on Tuesday, he called for an increase in taxes on the rich.
The deadline for most people to file a 2023 tax return with the IRS is fast approaching; returns are due by 11:59 p.m., in your time zone, on Monday, April 15, with some exceptions. Taxpayers in Massachusetts and Maine have until April 17 to file and pay taxes because of the Patriots' Day and Emancipation Day holidays. There are also extensions in some areas impacted by extreme weather. Individuals and businesses impacted by the Oct. 7 attack on Israel have also been given an extension, the IRS...
Georgia Gov. Brian Kemp has approved a tax package containing income tax cuts, childcare relief, and potential property tax caps.
The Central Bank of Nigeria (CBN) is alone in its perception that Nigeria’s surging inflation is fueled by excess liquidity. CBN has inauspiciously pushed the monetary policy rate (MPR), the nation’s benchmark lending rate to a record 24.75 per cent, while banks cash reserve ratio (CRR) stands menacingly at 45 per cent in a […]
The cost of housing an dining for incoming first-year students at Michigan State University is jumping by nearly seven percent.
A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
That increase is due to expanded operations of fire protection districts in the county.
Taxes are due at 11:59 p.m. local time. If you're in the Tucson area and still need to file, you have a few options.
As the IRS warns of increased spearphishing attacks targeting tax professionals, here are some tips for protecting sensitive information.
Later this year, Missouri voters could be asked if there should be a cap on property assessment increases.