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The new corporate tax incentive legislation includes an annual cap for a key component, in an effort not to repeat the mistakes of its predecessor program.
January 8 -
The city of Alpharetta wants to repurpose $24.72 million in bonds issued in 2016 by the Development Authority of Alpharetta.
November 2 -
The $4.89 billion in emergency earthquake disaster aid for Puerto Rico and another $16 billion in tax breaks are likely to be scaled back in size if it’s taken up by the Senate.
February 7 -
Two incentive programs expired on July 1, and Gov. Phil Murphy vetoed a bill to extend them unchanged.
September 13 -
The lawsuits were filed a day after 11 Democrats in the Senate and a bipartisan group of 47 House lawmakers announced a long-shot effort to repeal the regulation using the Congressional Review Act.
July 17 -
The IRS regulation is targeted at ending workarounds by state and local governments that have been enacted since the cap was included in the 2017 Tax Cuts and Jobs Act.
July 16 -
Upper Arlington Schools District Superintendent Dr. Paul Imhoff said an upcoming vote on an operating levy will be harder to secure.
June 25 -
The limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year, the Treasury Inspector General for Tax Administration reported in February.
June 12 -
The gains are putting to rest speculation that tax reform would hurt high-tax, Democratic-leaning states.
May 14The Volcker Alliance -
None of the 12 recommendations require congressional action and all are within the scope of the administrative powers of the IRS, according to NABL.
February 11