While this guidance is sorely needed to clean up the mess created by a hasty Congress, these notices stand in sharp contrast to the deregulatory, anti-tax approach that the Treasury Department has taken.

In the same way states are building upon federal tax credits, localities should consider building on state tax credits.

His 900-word New York Times op-ed identifies some sensible federal tax reform ideas that would create a fairer, more sustainable tax system.

Many states already recognize the potential of these credits to boost low- and moderate-income households. Other states should follow suit.

This proposal would disrupt the state’s housing market and jeopardize local revenues while doing very little to help workers and families struggling to pay their property tax bills – just as Prop 13 did in California.

With a little over a week left, some states are solidifying their spots on the tax policy “naughty or nice” list.

It’s wildly inappropriate for a U.S. Treasury Secretary to lean on states to adopt or not adopt specific federal provisions in their own state tax codes.

property tax debates are taking place throughout the nation.

States are increasingly facing difficult choices as revenues stagnate and deficits come clearer into focus.

An unknown number of workers who previously were assumed to be ineligible for the tax break may nonetheless claim it.

Lawmakers in two more states have wisely said “no thank you” to federal tax cuts that would have flowed through to their state tax codes and undermined funding for their priorities

State governments are rushing to offer billions of dollars in subsidies to data center construction, apparently without understanding their full costs.

Vacancy taxes will not single-handedly solve problems in cities, but they are worth considering to address housing shortages, land use, and building thriving communities.

Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law.

The Opportunity Zones program benefits wealthy investors more than it benefits disadvantaged communities.

A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.

The move was expected, given heavy lobbying from tax prep companies like Intuit and H&R Block to put a halt to the IRS’s popular Direct File program.

Despite being an off-year election, voters made a call for shared public investments at the polls.

Meta’s earnings setback is entirely attributable to an important tax reform championed by the Biden administration in 2022.

Since 2017, these companies paid $135 billion in income taxes to foreign governments, but just $29 billion to the U.S.