Both parties know how important it is to grow the economy to increase government revenues. If Congress doesn’t extend the TCJA, the expiration of many of the provisions on Jan 1, 2026, ...

What made the cut—from SALT to no tax on tips—and what didn’t.

I want tax cuts. I want spending cuts. This 'One Big Beautiful Bill Act' has managed to mess up both and would create a more ...

If signed into law, the bill will impose a 21% endowment tax on Stanford. An endowment is a pool of donated funds and invested assets that generate income to ensure long-term financial stability.

According to the Chronicle of Higher Education’s Philip Levine, Yale stands to pay $690,894,000 under the proposed 21 percent tax, compared to $46,060,000 under the current 1.4 percent tax. McInnis ...

YOKOTA AIR BASE, Japan — Tomoko Hyatt has no formal art training, but her designs are in high demand across Japan, displayed by tens of thousands of people and growing in popularity. Hyatt, a ...

Only tips reported to the employer and noted on a worker’s W-2, their end-of-year tax summary, would qualify. Payroll taxes, which pay for Social Security and Medicare, would still be collected.

A plan for a hefty new tax on university endowments was crafted to target “woke” schools, lawmakers said. But a small Kansas college and a Texas medical school might also be hit.

Like defining contemporary art, defining craft is the least interesting part of the conversation. However, the definition of craft that I have found most useful combines the words of several scholars ...

“We actually bring in $1.07 in tax revenues for every $1 we spend in tax credit.” Zbur’s bill will be considered by the Assembly Committee on Arts, Entertainment, Sports, and Tourism on ...

Zbur, in turn, criticized the LAO’s analysis as “significantly flawed.” “For every dollar we spend in tax credit, it results in over $24 in economic activity in California, over $8 in labor income, ...

Instead of dismissing the 2019 tax year proceeding based on the petitioner’s failure to meet certain conditions proceeding applicable to RPTL Art. 7 proceedings, the court stated that the trial ...