Tax Policy Center

state tax conformity

State and Local Issues: TaxVox

Tipped Workers, Their Income Taxes, and States

Both Democratic presidential nominee Kamala Harris and Republican presidential nominee Donald Trump have pledged to exempt tip income from taxes if elected. Our TPC colleague Howard Gleckman has written about how these plans raise design and administration issues . Another question is who would benefit and how that varies by state.
August 23, 2024Nikhita AiriLillian Hunter
State and Local Issues: TaxVox

Which States Tax Student Loan Forgiveness, and Why Is It So Complicated?

The Biden administration’s plan for broad-based student loan forgiveness of up to $20,000 per individual won’t affect borrowers’ federal tax bills, but it could have...
September 15, 2022Nikhita AiriLillian Hunter
State and Local Issues: TaxVox

Minnesota’s Struggles To Conform to the TCJA Made Its CPAs Happy. Taxpayers, Not So Much.

It’s an unusually glamorous time to be an accountant in Minnesota. Over the past year, certified public accountants (CPAs) and other professional tax preparers have...
August 26, 2019Erin HufferMaxwell Grozovsky