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Ill. House Bill Seeks Broadband Equipment Sales Tax Break

by usoftax_admin | Feb 10, 2025 | Tax News

Illinois would create a sales and use tax exemption for equipment used to provide broadband services under a bill introduced in the state House of Representatives.

NM Bill Would Exclude Some Healthcare Services From Tax

by usoftax_admin | Feb 10, 2025 | Tax News

New Mexico would make the sales of some medical equipment and healthcare services deductible from the state’s gross receipts tax under a bill introduced in the state House of Representatives.

Ill. House Bill Seeks Study Of Eliminating Property Tax System

by usoftax_admin | Feb 10, 2025 | Tax News

Illinois would direct its Department of Revenue and the governor’s Office and Management and Budget to determine the possibility of eliminating the state’s property tax system and replacing the revenue with income tax receipts under a bill introduced in...

Minn. Senate Bill Would Restructure Income Tax Brackets

by usoftax_admin | Feb 10, 2025 | Tax News

Minnesota would eliminate its lowest income tax bracket and alter its remaining tax brackets under a bill introduced Monday in the state Senate.

Ill. House Bill Seeks Income Tax Deduction For Betting Losses

by usoftax_admin | Feb 10, 2025 | Tax News

Illinois would create an income tax deduction for losses from some betting transactions under a bill filed in the House of Representatives.
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