The idea of a sales tax exemption makes sense if a state is trying to encourage first-time purchases of pricey goods like an energy efficient refrigerator. But for products that most residents will buy anyway—like school supplies—it doesn’t.
Under pressure from President Trump and worried about a worldwide economic slowdown, the Federal Reserve recently cut short-term interest rates. By continuing to push rates...
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...
All states with an income tax link to the federal tax system to some degree. This system of federal-state conformity helps taxpayers by standardizing the...
