by usoftax_admin | Jan 17, 2024 | Tax News
Wisconsin lawmakers passed a Republican proposal to reduce the rate on the state’s second-highest individual income tax bracket and expand the retirement income subtraction as part of a bill that next goes to the governor. by usoftax_admin | Jan 17, 2024 | Tax News
Sen. Ron Johnson expressed willingness Wednesday to work on a bipartisan tax agreement with Democratic lawmakers, alluding to the upcoming expiration of provisions under the 2017 federal tax overhaul. by usoftax_admin | Jan 17, 2024 | Tax News
Nebraska would establish tighter caps on property tax levies imposed by political subdivisions in the state under a bill introduced in the unicameral Legislature. by usoftax_admin | Jan 17, 2024 | Tax News
The chair of a District of Columbia commission working on proposals for new tax policies said Wednesday that he no longer supports a $275 million business tax at the center of the commission’s current draft plan. by usoftax_admin | Jan 17, 2024 | Tax News
Iowa sales and use tax applies to a Kansas contracting firm’s installation of industrial machinery and equipment, because an exemption applies only to new equipment, the Iowa Department of Revenue said in an order published Wednesday. by usoftax_admin | Jan 17, 2024 | Tax News
The House of Representatives’ tax panel could vote before the end of the week on a tax deal that would renew and extend the full tax break for research and development costs and expand the child tax credit for multiple years, a senior House tax writer said...