Massachusetts lawmakers see an opportunity in this year’s GOP federal tax law to levy a greater share of multinational corporations’ foreign income, drawing opposition from pro-business groups who argue the law is incompatible with state tax codes.
With California’s recent adoption of a long-awaited tax conformity update, a senior legislative staffer told tax lawyers Friday not to expect another broad attempt next year, but that there could be smaller efforts to make additional changes.
Indiana Gov. Mike Braun said he will call back lawmakers for a special legislative session to consider aligning the state’s tax code with the GOP’s federal tax law enacted in July.
The City of Santa Fe may collect its 3% excise tax on home sales exceeding $1 million after the New Mexico Court of Appeals ruled Monday that real estate agents don’t have standing to challenge the measure.
On this episode of Talking Tax, Bloomberg Tax financial accounting reporter Jorja Siemons spoke with Steve Soter, vice president and industry principal at financial compliance platform Workiva, about what steps C-suite leaders can take to mitigate data risks if the SEC reporting schedule shifts.
The state of Florida is hoping to convince the US Supreme Court that California’s requirement that businesses exclude proceeds from “substantial and occasional” sales from their state tax returns deprives the former state of tax and investment revenue to the detriment of its citizens and businesses.
Boston city councilors are proposing an ordinance that would require
Once a tool for hedge funds and family offices, box-spread loans now sit alongside direct indexing, custom portfolios, and options overlays — all pitched as tax-efficient ways to gain financial control. For affluent investors, they’re a means to stay invested, defer taxes, and unlock liquidity without touching traditional lenders.
Massachusetts lawmakers see an opportunity in this year’s GOP federal tax law to levy a greater share of multinational corporations’ foreign income, drawing opposition from pro-business groups who argue the law is incompatible with state tax codes.
Campbell County, Kentucky, released the 2026 payroll withholding tax rates for county localities on its website.
A litigation investor who ventured nearly $5.3 million for mass tort cases and tax credit claims is suing a New York law firm for failing to bring results.
The debate over the accounting treatment of stablecoins matters not only to companies, accountants, and auditors, but also to investors, regulators, and markets. Clear financial reporting underpins investor confidence and financial stability by extension.
Artificial intelligence startup
Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.
The Michigan Court of Appeals affirmed the trial court, holding that the General Property Tax Act (GPTA) does not allow a property tax foreclosing governmental unit to recover attorney fees ...
The Montana Department of Revenue adopted a new rule pertaining to out-of-state brewer or beer importer registration. The adopted rule establishes a $500 annual registration fee for out-of-state brewers and ...
The Tennessee Department of Revenue (DOR) issued its Fall 2025 Revenue Review newsletter. The newsletter includes information on: 1) outreach for the natural disaster sales tax relief program; 2) new ...
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