Tag:State taxes

House Democrats want to raise SALT deduction cap to $80,000. What that means for your tax bill

Rep. Bill Pascrell, D-N.J., speaks at a information convention saying the State and Local Taxes (SALT) Caucus outdoors the U.S. Capitol on April...

Spirits industry pushes for states to lower state taxes on canned cocktails to compete with beer and hard seltzer

Close-up of discounted cans and circumstances of packaged cocktails on Safeway retailer cabinets in Lafayette, California, December 31, 2020.Smith Collection/Gado | Archive Photos...

A third of Americans file taxes at the last minute. Why that might be a bad idea

The May 17 deadline for submitting 2020 taxes is swiftly approaching.If you have not filed your taxes but, it is time to begin...

Calls to end $10,000 SALT deduction cap threaten Biden’s tax plan ahead of its release

Representative Tom Suozzi, a Democrat from New York, speaks throughout a information convention asserting the State and Local Taxes (SALT) Caucus exterior the...

New York is raising taxes for millionaires. Will other states follow?

New York Governor Andrew Cuomo speaks at Rochdale Village Community Center in Queens, New York, on April 5, 2021.Brendan McDermid | AFP |...

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