State taxes

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.

Money manager Brian Heywood has already spent nearly $7 million of his own money to get six ballot initiatives in front of Washington State voters this November, half of them tied directly to taxes.

Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.

While the data isn't definitive, migration may be playing a significant role.

Mechanics, considerations and planning opportunities for navigating SALT cap workarounds.

These are the top twenty states ranked by return on investment for taxpayers based on quality of government services versus how much they cost.

Taxpayers who filed early this year and reported state tax refunds they received in 2022 as taxable income should consider filing an amended return.

A new study found that opting for an in-state plan isn't always the best choice.

The agency said unexpectedly that it was still deciding whether state rebates to taxpayers were taxable income.

Florida, Texas and Arizona are the top destinations; the first two have no income tax, and the third is moving to a flat rate soon.

The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

While the chances of scrutiny are relatively low, these issues can put a wealthy taxpayer on the agency’s radar.

The IRS has blessed at least one approach to getting around the TCJA limitation — the entity-level tax.

Employees who move to low-tax states may still be taxed by their former residence, as more states levy taxes on cross-border business.

Tax professionals are starting to hear questions from their clients ahead of the official start of tax season about a variety of issues related to COVID-19.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

Moving to a lower-tax state is more attractive than ever with the $10,000 cap on state tax deductions.

It’s one of the most consequential — and misunderstood — concepts for clients with properties in more than one state. Where should they call home?

“The more ties you cut, the better — auditors like to see a moving van and an itemized list of what was moved,” one lawyer says.