Alabama’s Tax-Free Overtime: A Step Backwards?
In November 2023, Alabama became the first state to exempt overtime wages from state income taxes. This move, […]
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2 Americans Abroad Burdened by Complex Tax Filing
The U.S. tax system imposes a unique burden on its citizens living abroad. Unlike most developed nations, the […]
Federal Deficit Soars in FY2024 Despite Record Tax Revenue
The federal government’s budget deficit reached a staggering $1.8 trillion in fiscal year 2024, a significant increase from […]
2 TPC Models Tax Plans and No-Tax Pledges
Three tax credits proposed by Kamala Harris, aimed at low- and middle-income households, are projected to reduce federal […]
2 Deadline Looms: Don’t Miss the Extended Tax Return Filing Deadline
October 15 marks the final deadline for most taxpayers who requested an extension to file their 2023 federal […]
The Price of Play: Taxpayers Foot the Bill for Stadium ...
State and local governments have long been willing to spend significant sums on sports stadiums and arenas, often […]
1 The Tax Implications of Rescheduling Marijuana
The Department of Justice’s recent announcement to reschedule marijuana has significant ramifications for the cannabis industry. While this […]
Harris’s Corporate Tax Rate Increase Would Harm Workers Across the ...
Vice President Kamala Harris has proposed several tax hikes, the most significant of which is raising the corporate […]
Minnesota High Court Ruling Expands Tax Nexus for Out-of-State Businesses
A recent ruling by the Minnesota Supreme Court has significantly broadened the state’s ability to assert tax jurisdiction […]