Missouri House votes on party lines to eliminate income tax on capital gains
Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to Missouri's economic ...
NY lawmakers Gillibrand, Suozzi, LaLota vow to use their clout to tackle SALT tax cap, fiscal issues
Gillibrand, LaLota, Suozzi say lifting the $10,000 federal income tax cap on state and local tax deductions, or SALT, is the ...
Tax season is underway. Here are key dates and deadlines that WA residents need to know
From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines ...
JD Supra1d
Summary of Tax Proposals in Leaked Document Detailing Policy Proposals
On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...
Who pays more under Moore’s tax plan? Not just Maryland’s millionaires.
A Maryland Bureau of Revenue Estimates analysis of Moore’s budget plans hows that modest-income earners will see their taxes ...
What Is SALT, the Tax Deduction Dividing Congress?
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for ...
BOXX Vs. MUB: 2 Tax-Advantaged ETFs, 2 Very Different Strategies And Portfolios
Box ETF offers stable, high returns. Find out why BOXX is a solid alternative to MUB with its unique strategy and better past ...
With Trump’s support, will the limit on state and local tax deductions finally be lifted?
Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...
It's True: These 13 States Don't Tax Retirement Income
Alaska Florida Illinois Iowa Mississippi Nevada New Hampshire Pennsylvania South Dakota Tennessee Texas Washington Wyoming ...
The Manhattan Mercury4d
Justin Fox: The blue state-red state tax divide isn’t really that fair
That’s sort of what one would expect given that Trump is a Republican, but also kind of weird in that states and congressional districts that vote for Republicans are as a rule much bigger net ...
Kiplinger1d
Types of Income the IRS Doesn't Tax: What to Know for 2025
Federal taxable income generally includes wages ... For more information, see Capital Gains Tax Exclusion for Homeowners: What to Know. Qualified distributions (i.e., from a Roth account at ...