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S&P Global Ratings now rates New York personal income tax and sales tax bonds AA-plus.
November 15 -
If the workarounds states are using by creating charitable foundations as a way to pay property taxes or state and local income taxes are legal, Suffolk County Executive Steven Bellone said it’s up to Congress to decide whether to end them.
November 5 -
Most state and local governments are concerned the ceiling will make it harder to raise taxes to pay for public services and infrastructure.
November 1 -
County Executive Steven Bellone of Suffolk County, N.Y. is among those who have asked to speak at a Nov. 5 public hearing.
October 11 -
Thursday is the deadline for sending comments to the IRS on its proposal to prevent taxpayers from avoiding the $10,000 federal cap on state and local tax deductions that Congress enacted last December.
October 9 -
Salt Lake City will bring $875 million of revenue bonds this month for its airport.
October 1 -
The Protecting Family and Small Business Tax Cuts Act of 2018 which passed 220 to 191 isn’t expected to become law because the Senate won’t consider it this year.
September 28 -
The threat of lower tax revenues after the IRS denied the SALT tax workaround isn’t the only worry.
September 24MRV Associates -
House Republicans want to make permanent the $10,000 cap on state and local tax deductions and the lower tax rates for individuals, both of which are due to expire at the end of 2025.
September 13 -
The report found that 61% of the 341 finance officers who participated in the survey anticipate negative future impacts on their city's financial health from the termination of advance refundings, while 35% said they already have seen negative impacts.
September 13