February 27, 2018
As states continue to search for ways to protect their residents from the Tax Cuts and Jobs Act’s (TCJA) limits on the federal deductibility of...
March 5, 2018
The IRS estimates that for the years 2008-2010, taxpayers owed but did not pay an average of $458 billion annually in federal taxes —mostly because...
February 28, 2018
By substantially cutting the number of taxpayers who will receive a charitable deduction, the Tax Cuts and Jobs Act (TCJA) has created an opportunity for...
February 26, 2018
Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...
February 22, 2018
The US—with a projected 2018 federal budget deficit of 4 percent of Gross Domestic Product and an economy running at close to full employment-- just...
February 21, 2018
President Trump has proposed deporting hundreds of thousands of immigrants and backed curbs on legal immigration into the US. The president’s aggressive views on immigration...
February 19, 2018
The Tax Cuts and Jobs Act (TCJA) affects the after-tax income of households in two ways: directly through the individual income tax and indirectly through...
February 16, 2018
It’s difficult to predict where states will end up on tax policy this year given last year’s budget drama and this year’s new federal tax...
February 15, 2018
The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...
February 14, 2018
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...