The Senate Budget and Appropriations Committee unanimously moved a bill June 12 that would rewrite the state’s corporate business tax (CBT) code through several sweeping changes. Prior to the vote, ...

Gov. Phil Murphy signed legislation into law July 3 that reforms New Jersey’s corporate tax policies, including changing the way global intangible low-taxed income (GILTI) and net operating losses ...

Past changes to the corporate tax structure have correlated with especially significant shifts in corporate donations. Prior to passage of the 1986 overhaul of the tax code, corporate giving averaged ...

Lawmakers have fast-tracked a plan to overhaul New Jersey’s corporate business tax code. Legislation cleared committee in the state Senate on Monday and is expected to be heard in committee in the ...

Signed into law on January 1, 2018 by President Donald Trump, the Tax Cuts and Jobs Act (TCJA) made significant changes to ...

In fact, according to another, March 2025 study done by research firm Savanta, as noted by CPA Practice Advisor, 70% prefer a simpler tax code instead of the current overcomplicated and stressful tax ...

Every April, people across the country, from every background and every political affiliation, come together to complain about the same thing – their taxes. Tax Day marks the conclusion of a marathon ...

Local business leaders fear that a Republican plan to overhaul the federal income tax code could rob the community of important economic development tools. The Trump administration and GOP ...

People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...

The Internal Revenue Service said on Wednesday that it would begin cracking down on corporate jet owners that abused the tax code by claiming millions of dollars in deductions on airplanes that were ...

New Hampshire is considering a potentially game-changing shift in its business tax code. In January, the House of Representatives will vote on whether or not to close the current “water’s edge” ...

Corporate tax cuts should boost earnings, and earnings growth drives stock prices. Historically, though, corporate tax cuts haven't always led to booming stock markets. The S&P 500 has even risen ...