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...
Michigan was one of 12 states that saw gas taxes increase on July 1. Its rate climbed by only 0.1 cent per gallon because it’s indexed monthly for inflation. In contrast, new legislation doubled gas tax rates in Illinois to 38 cents per gallon and raised the levy by 10.5 cents in Ohio. Can Michigan—and other states—go even bigger?
For states, opioids may become the new tobacco. That is to say, states increasingly believe lawsuits against drugmakers and others are a potential source of significant revenue
Three Tax Lessons from the First Year of Widespread Legal Sports Betting A year ago, the Supreme Court legalized one of America’s favorite illegal pastimes:...
Our local elected officials were debating a new tax to help offset a big public pension shortfall... If people dueled in 2019 like Aaron Burr and Alexander Hamilton did in 1804, a couple of township trustees might have been drawing pistols at dawn.
With Tax Day here, taxpayers are scrambling to finish up their returns—both federal and state (that is, if their state has an individual income tax)...
The Tax Policy Center’s State and Local Finance Initiative’s quarterly “ State Tax and Economic Review ” shows solid revenue growth in the third quarter...
Whenever the federal government goes completely nuts , it can be comforting to remember the United States is a highly decentralized country . Fifty states...