Tax Blog
Tips to help you prepare for tax season
Sports Betting Might Come to a State Near You
Tax Policy - Sports Betting Might Come to a State Near You Since the Supreme Court’s 2018 decision in Murphy v. National Collegiate Athletic Association overturned the federal ban on sports betting, several states have legalized betting and introduced excise...
Reliance on Individual Income Tax Revenue in Europe
Tax Policy - Reliance on Individual Income Tax Revenue in Europe Today’s map shows the extent to which European countries rely on individual income tax revenue, measured as a share of total tax revenue. According to a recent report on tax revenue sources,...
Supreme Court overturns consolidated group tax refund allocation rule
IRS Tax News - Supreme Court overturns consolidated group tax refund allocation rule The U.S. Supreme Court struck down the Bob Richards rule for allocating tax refunds among members of a consolidated group, holding that state law is well equipped to decide the...
South Carolina House Unanimously Approves Business License Tax Reform
Tax Policy - South Carolina House Unanimously Approves Business License Tax Reform It sometimes seems hard to get a group of politicians to agree to anything, so it’s notable that just a hundred miles northwest of Tuesday night’s heated presidential debate, 104...
Maryland Legislature Seeks Revenue with Risky Proposals
Tax Policy - Maryland Legislature Seeks Revenue with Risky Proposals Ever since Maryland’s Commission on Innovation and Excellence in Education, better known as the Kirwan Commission, began presenting its recommendations for improving Maryland’s education system...
State and Local Individual Income Tax Collections per Capita
Tax Policy - State and Local Individual Income Tax Collections per Capita The individual income tax is one of the most significant sources of revenue for state and local governments. In fiscal year 2017, the most recent year for which data are available,...
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