Tax

Several states are holding sales tax holidays for school supplies and other items amid strong revenue collections, although critics say they will do little to ease the impact of high inflation.

Public finance attorney and NABL board member Johnny Hutchinson has left Squire Patton Boggs to join Nixon Peabody as a partner.

Scammers are masquerading as the IRS’ Tax Exempt and Government Entities Division to try and get issuers and borrowers to disclose confidential information.

The initiative would have raised income taxes on affluent Californians to benefit local health departments.

West Virginia Sen. Joe Manchin’s wholesale refusal to back the climate and tax measures in Democrats’ Build Back Better bill deals a final blow to any hopes of passing any provisions of the muni agenda before November.

Included in the Democrats’ all but dead Build Back Better bill, an expansion of the low-income housing tax credit could be a boon for the housing sector.

The county is working with PNC Bank to set up a line of credit that could provide up to $300 million of short-term loans to local suburban Chicago taxing bodies.

"It seems that munis are on the outside looking in, but we are hopeful," said Brett Bolton, Vice President and Head of Government and Industry Relations at Bond Dealers of America.

Most large states are using pandemic aid for revenue replacement and this will be an issue in the future, an academic says.

The bill from Chuck Grassley and other Senate Republicans would extend the $10,000 cap on the state and local tax deduction for federal income tax filers.

The Senate Finance Committee on Tuesday brought small business leaders together to discuss the pitfalls of complying with dozens if not hundreds of local tax regimes.

While the path back to pre-pandemic office life remains uncertain, a protracted remote work reality may be a harbinger for future credit rating downgrades of cities heavily dependent on commuter-driven revenues.

Rising home values are putting the spotlight on property taxes in Texas, where state lawmakers are eying tax relief options even as previously approved measures slow the growth in tax bills.

The latest Congressional effort challenging the state and local tax deduction cap would stop the IRS from restricting state legislation that offsets the policy.

Toll roads, registration fees and mileage-based fees are seen as the most sustainable options for replacing declining fuel tax revenue, but feasibility issues and political pressures complicate the way ahead.

Panelists at the NFMA 2022 annual conference said they aren’t holding out for advance refunding to be reinstated anytime soon.

Almost $25 million of bond funds provided for school technology and security enhancements to state school districts this year from the 2014 Act.

Gov. Newsom doubled down on an $11.5 billion gas rebate plan opposed by fellow Democrats in his May budget revision.

A third of states lost population in 2021, a trend that is likely to continue and one that will have significant impact on the way in which state finance officials operate in the years to come.

Lawmakers and advocates of U.S. tax credits like tax-exempt debt aren't getting many answers from Treasury about an impending global tax regime that diminishes the value of the tax tools.