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A service for finance industry professionals · Friday, January 3, 2025 · 773,775,924 Articles · 3+ Million Readers
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Tax Foundation News Monitoring

  • Published on 00:06 GMT

    These 9 States Are Cutting Income Taxes in 2025

    We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Nothing is certain but death and taxes, as the saying goes, but some …

    Source: Money Magazine - Puerto Rico - Neutral
  • Published on 02:07 GMT

    NC’s personal income tax rate dips to 4.25% at start of 2025

    North Carolina is among nine states where the personal income tax rate was lowered this week as state governments welcomed the new year with scheduled tax reductions. The next phase of the General Assembly’s income tax reduction plan took effect on …

    Source: Carolina Journal - Label Pending
  • Published on 02:02 GMT

    Consumer Alert: What New Yorkers need to know about tax changes in 2025

    ROCHESTER, N.Y. — A significant tax change could be on the horizon, and it’s causing concern among taxpayers and accountants alike. News10NBC’s Deanna Dewberry spoke with a prominent local CPA, who emphasized the importance of congressional decisions this …

    Source: WHEC 10 - New York - Neutral
  • Published on 00:42 GMT

    9 states to cut income taxes in 2025

    Beginning Jan. 1, nine states across the nation cut income taxes for residents, according to a Jan. 1 report from CBS News. These nine states will be cutting taxes in 2025, according to an analysis from the Tax Foundation:  Indiana plans to reduce its …

    Source: Becker's ASC Review - Neutral
  • Published on 01:21 GMT

    Iowa’s income tax drops to single 3.8% rate in 2025

    The Iowa Capitol on Dec. 20, 2024. (Photo by Robin Opsahl/Iowa Capital Dispatch) Iowa’s latest reduction of income tax rates has gone into effect for 2025. The law, signed by Gov. Kim Reynolds in May 2024, lowers individual income tax rates from 5.7% …

    Source: Atlantic News Telegraph - Iowa - Neutral
  • Published on Jan 2, 2025

    42% with UK Financial Ties are Looking to Get Assets Out of Britain: Report

    January 2, 2025 @ 1:26 pm By JD Alois DeVere Group is distributing a release that claims that 42% with UK financial ties want out of Britain. This follows the recent Labour budget, which aims to increase taxes on various aspects including capital gains. …

    Source: Crowdfund Insider - Neutral
  • Published on Jan 2, 2025

    States with No Income Tax: Benefits and Considerations

    Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate products and …

    Source: Insider - Neutral
  • Published on Jan 2, 2025

    JAMES CARTER: It’s Only Up From Here

    President-elect Donald Trump is not inheriting a rock-solid economy on Jan. 20. Far from it. The Congressional Budget Office’s (CBO) newly issued economic forecast anticipates the country’s economic growth rate will fall below 2% next year and remain below …

    Source: The Daily Caller - Right-wing
  • Published on Jan 2, 2025

    Why Amazon and Starbucks Workers Are Striking Now

    Why Amazon and Starbucks Workers Are Striking Now, and What It Means for Labor Under Trump Levi Sumagaysay and Jeanne Kuang,  CAL Matters via Portside Striking Amazon and Starbucks workers in California and elsewhere have long pushed for union contracts. …

    Source: Change Links - California - Left-wing
  • Published on Jan 1, 2025

    Here are 9 states cutting their individual income taxes on Jan. 1

    Financial expert shares last-minute tax tips for 2024 Financial expert shares last-minute tax tips for 2024 04:49 Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual …

    Source: CBS News - Neutral
  • Published on Jan 1, 2025

    'Neutral cost recovery' could be Trump's best tax cut

    OPINION: When Congress takes up a second Trump tax cut bill next year, the single most pro-growth policy President-elect Donald Trump and Congress could pass would allow businesses to fully deduct all costs, including capital expenditures. The policy, …

    Source: The Washington Times - Right-wing
  • Published on Dec 31, 2024

    State Tax Hikes Set To Raise Energy Costs in 2025

    When the clock strikes midnight and the calendar turns to 2025, some Americans will start paying more for gas or other energy needs. Several states are enacting tax hikes that take effect on January 1, causing higher energy costs. Even electric vehicle (E. …

    Source: Reason Magazine - Label Pending
  • Published on Dec 31, 2024

    Editor's Notebook: Why Nashville's leading Portland in MLB intangibles

    In late November, I headed due southeast, drawn by the alluring sounds and sights of Nashville. The 2024 visit, for a family gathering, took me inside the city for basically the first time. I’d been in town for about two hours when I remembered that …

    Source: The Business Journals - Neutral
  • Published on Dec 31, 2024

    Happy New Year! Now let's get to work!!

    Dale Steenbergen, President/CEO of the Cheyenne Chamber of Commerce, Cheyenne, Wyoming. Matthew Idler - 307-245-3882 As we are blown into 2025(literally as I write this, we have 50+ mph gusts) Cheyenne should be proud.  About everywhere you look you …

    Source: Cheyenne Post - Wyoming - Label Pending
  • Published on Dec 31, 2024

    Local governments consider opting out of property assessment cap

    (The Center Square) — Some Georgia governments are considering opting out of a bill that limits the increase of a homestead property's value to the rate of inflation. House Bill 581 was presented as a constitutional amendment. Voters gave their stamp …

    Source: The Center Square - Right-wing
  • Published on Dec 31, 2024

    Nearly 9 in 10 layoffs in November from businesses closing

    Nearly 9 in 10 of the Illinois job losses announced in November resulted from businesses closing. Chicago led the state for layoffs, followed by Rockford. Illinois companies announced 1,176 mass layoffs in November, with nearly 9 in 10 job cuts resulting …

    Source: Illinois Policy - Label Pending
  • Published on Dec 31, 2024

    The 5 worst new Canadian tax policies of 2024 and a wish for 2025

    Breadcrumb Trail Links Personal Finance Taxes Moody: Happy New Year, Canada. Let’s get back to a more common-sense approach to taxation in 2025 Published Dec 31, 2024  •  Last updated 14 minutes ago  •  5 minute read Many of Canada's tax policies fail …

    Source: Financial Post - Center-right
  • Published on Dec 30, 2024

    New Texas tax regulations are taking effect starting on Jan. 1, 2025

    DALLAS - As the New Year approaches, Texas residents can expect significant changes to state tax regulations.  Starting Jan. 1, 2025, changes driven by Senate Bill 2 aim to ease homeowners' property tax burdens and enhance school district funding. …

    Source: CBS Dallas - Texas - Neutral
  • Published on Dec 30, 2024

    New Year Means New Sales Tax Rate in Louisiana

    The Louisiana state sales tax will rise on Wednesday, the first day of 2025. Consumers will pay 10¢ on the dollar when making a purchase. The state sales tax will increases from 4.45% to 5%, the remainder depends on your local taxes. As Brooke Thorington …

    Source: Red River Radio - Louisiana - Public Broadcaster

03 days 18:16:05

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