The budget votes began two days into the start of the 2026 fiscal year, after lawmakers passed a stopgap budget Oct. 1. The budget cuts many state agencies but provides about $1.1 billion extra for ...
The One Big Beautiful Bill Act of 2025 (OBBBA) introduces new rules for charitable donation tax deductions. Individuals 70½ or older can still make tax-free Qualified Charitable Distributions (QCDs) ...
A new proposal to fund Illinois’ mass transit with new taxes has been met with some skepticism, including from the state’s governor. Democrats in the Illinois House had previously put forward a ...
For years, Gov. Gavin Newsom has staunchly opposed increasing taxes on wealthy Californians even when the issue repeatedly reared its head during recent tough budget years. But faced with deep federal ...
New York Gov. Kathy Hochul (D) said Monday that she initially thought the crowd’s “tax the rich” chant while she spoke at a rally for New York City mayoral candidate Zohran Mamdani the day prior was ...
Massachusetts House leaders said Monday they plan to pass a major reading instruction bill this week, a major step in what’s been a multi-year effort to discard outdated literacy techniques in the ...
NEW YORK, Oct. 27, 2025 /PRNewswire/ -- Deloitte announced today that it has received nine total awards at the 2025 International Tax Review (ITR) Americas Tax Awards, highlighting achievements in ...
Mayor Brandon Johnson finds himself in an unexpected fight as he works to rally at least 26 votes to pass his $16 billion 2026 spending plan. Though aldermen have agreed in every Chicago budget for ...
New Jersey will elect a new governor in less than two weeks and Democratic candidate Mikie Sherrill and Republican Jack Ciattarelli couldn't be further apart on their vision for the Garden State. CBS ...
This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...
Have you heard about the 2025 tax and spending megabill that President Donald Trump signed into law on July 4? This new law (Public Law 119-21 and referred to by Trump as the “big, beautiful bill”) ...
COLUMBUS, Ohio (WCMH) — The Ohio House of Representatives took on property taxes Wednesday afternoon, passing two bills aimed at relieving tax burdens and attempting to head off a looming ballot ...