Maine’s governor wants his state to become the 10th one with no income tax. The advantages and disadvantages of no taxes aren’t necessarily clear cut.
Overall state tax revenues were up in fiscal year 2014 compared to the previous year, but some states lost money. How did your state fare?
State taxes are a complication and cost for millions of U.S. taxpayers. MyFreeTaxes offers online and in-person help at no cost.
Fears of fraudulent state tax returns has prompted TurboTax to temporarily halt e-filing of those documents.
Taxes are among the factors that businesses consider when locating their operations. The lack of taxes is evident in the 2015 ranking of best business tax climates.
Tax holidays continue to hang around, but many in the tax world say they are terrible tax policy and don’t really do much to boost state economies.
If you owe Connecticut, Louisiana or Arkansas taxes, you might be able to take advantage of tax amnesties now underway in those states.
A tax policy think tank says state sales tax codes are stuck in the last century. Changes for 21st century buying could bring states billions in lost taxes.
As the economy slowly improves, states are beginning to dig out of their recession-level fiscal holes.
Owners of the two winning Powerball tickets will split the record $587.5 million jackpot. Federal and state tax collectors will get some of the winnings, too.