/tax-authority/state-local?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Authority State & Local Copyright 2025 极速赛车. en-US Mon, 16 Jun 2025 20:09:05 +0000 /tax-authority/state-local/articles/2354070?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2354070 The Senate Finance Committee's tax portion of the chamber's budget reconciliation bill released Monday follows the House's lead on some provisions while breaking with the lower chamber's hard-won compromises on an increased state and local tax deduction and the phaseout of green energy credits. Mon, 16 Jun 2025 19:17:21 +0000 /tax-authority/state-local/articles/2353386?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353386 From a look at Republicans' efforts to audit the earned income tax credit, complaints about unfair foreign taxation under the OECD's Pillar Two framework and Democrats' push against Republican plans to strip the Inflation Reduction Act's energy credits from the code, here's a peek into a reporter's notebook on a few developing tax stories. Mon, 16 Jun 2025 18:08:31 +0000 /tax-authority/state-local/articles/2353436?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353436 Texas allocated $51 billion toward property tax relief and teed up an increase to its business personal property tax exemption under a $338 billion biennial budget plan signed Monday by Gov. Greg Abbott. Mon, 16 Jun 2025 17:38:02 +0000 /tax-authority/state-local/articles/2353702?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353702 Missouri will offer a tax credit for insurance policy deductibles incurred when homes are damaged by severe weather and increase a tax credit for tickets sold to certain sporting events under a bill signed by the governor. Mon, 16 Jun 2025 17:36:12 +0000 /tax-authority/state-local/articles/2353735?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353735 New Jersey will follow portions of the Multistate Tax Commission's guidelines on when a company's internet activities exceed a federal law's protection against state income taxes, according to final regulations the state's tax agency released Monday. Mon, 16 Jun 2025 17:03:31 +0000 /tax-authority/state-local/articles/2353738?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353738 Minnesota is repealing part of a tax break on purchases by large data centers while extending the remainder of the exemption under legislation signed by Democratic Gov. Tim Walz following a special session. Mon, 16 Jun 2025 14:27:49 +0000 /tax-authority/state-local/articles/2353710?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353710 New Jersey's total revenue collection for July through May beat last year's collection by $1.58 billion, according to a report by the state Treasury. Mon, 16 Jun 2025 13:48:50 +0000 /tax-authority/state-local/articles/2353725?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353725 Indiana's net revenue collection from July through May missed a target by $28 million, a state agency reported. Mon, 16 Jun 2025 13:34:00 +0000 /tax-authority/state-local/articles/2353730?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353730 Idaho's general revenue collection from July through May underperformed estimates by $99 million, according to the state Division of Financial Management. Mon, 16 Jun 2025 13:23:11 +0000 /tax-authority/state-local/articles/2353720?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353720 A local assessment of a Massachusetts home lacked persuasive value, a state tax board said, reducing the property's valuation by $25,000. Mon, 16 Jun 2025 13:05:48 +0000 /tax-authority/state-local/articles/2353773?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353773 Texas authorized a fiftyfold increase to the state's tax exemption for business personal property starting in 2026 pending the outcome of a public vote under a bill signed by Gov. Greg Abbott. Mon, 16 Jun 2025 13:02:54 +0000 /tax-authority/state-local/articles/2353694?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353694 Massachusetts tax applies to the sales or rentals of cable boxes that do more than receive transmitted programming or implement parental control functions, the state Department of Revenue clarified. Fri, 13 Jun 2025 17:33:21 +0000 /tax-authority/state-local/articles/2353198?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353198 An Illinois federal judge on Friday sentenced former Illinois House Speaker Michael Madigan to seven and a half years in prison and fined him $2.5 million for his conviction on bribery, conspiracy and wire fraud charges, saying his determination that Madigan perjured himself on the stand at trial impacted the stiff penalty. Fri, 13 Jun 2025 17:28:10 +0000 /tax-authority/state-local/articles/2353466?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353466 Louisiana will require new sales and use tax exemptions to apply to both state and local sales tax under a bill signed by the governor. Fri, 13 Jun 2025 17:16:07 +0000 /tax-authority/state-local/articles/2352729?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2352729 New York sales and use tax doesn't apply to a concrete pumping truck company's pumping services because the pumping qualifies as capital improvements, which is exempt from tax, the state聽tax department said.聽 Fri, 13 Jun 2025 17:13:32 +0000 /tax-authority/state-local/articles/2353184?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2353184 Louisiana voters would decide whether to amend the state constitution to allow parishes to exempt business inventory from property taxation under legislation passed by lawmakers. Fri, 13 Jun 2025 15:39:00 +0000 /tax-authority/state-local/articles/2352720?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2352720 An out-of-state business that stores goods in New York doesn't need to register for sales tax if the marketplace facilitator it uses already collects the tax and it doesn't make other sales in the state, the state tax department said. Fri, 13 Jun 2025 15:35:34 +0000 /tax-authority/state-local/articles/2352735?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2352735 New York's sales and use tax should be collected by a contractor on labor charges when its customers fail to provide a tax-exemption certificate for capital improvements, the state tax department ruled.聽 Fri, 13 Jun 2025 15:26:28 +0000 /tax-authority/state-local/articles/2352702?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2352702 A New York-based company's receipts for hotel cleaning services aren't subject to New York state and local sales and use taxes because the customer's own employees performed the cleaning services, the state tax department said in an advisory opinion. Fri, 13 Jun 2025 15:02:49 +0000 /tax-authority/state-local/articles/2350437?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/state-local/articles/2350437 House Republicans' sweeping budget bill proposes to promptly scale back the clean energy tax incentives established by the 2022 climate law, a move that would make it difficult for tax insurers to back project development deals that want to sell their tax credits for cash.