News

Trump's Social Security tax cut unlikely, but seniors may get $4,000 'bonus' deduction
One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...
Here’s what made it into Florida’s $1.3 billion tax cut package
Florida taxpayers are expected to save $1.3 billion in the next fiscal year under the tax package passed by state lawmakers this week. The bulk comes in the form of the elimination of the business ...
Kinston residents upset as county tax hike overshadows city property tax cut
Yesterday the city of Kinston approved the city budget for the upcoming year, which included a four cent decrease in property tax.But residents say they’re stil ...
Republican tax cut calls for shielding retirement income from Wisconsin income taxes
Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from ...
White House: Maryland families would be 4th-largest beneficiary of Trump tax bill
Maryland ties for fourth among 50 states in terms of the financial benefits average families would see if Congress passes ...
Some US restaurants and servers oppose Republicans’ ‘no tax on tips’ budget proposal
Some segments of the U.S. restaurant industry don't support President Donald Trump's proposal to eliminate federal taxes on ...
Florida’s budget: Property tax rebates, sales tax cut fail
The GOP-controlled Legislature failed this spring to adopt its own most-ambitious proposals or those of Republican Gov. Ron ...
Senate GOP seeks to reward oil drillers amid deep cuts to wind and solar
The Senate version of President Donald Trump’s tax-cutting bill slashes green energy tax credits but contains generous ...