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 ...
WASHINGTON - JULY 27: President Ronald Reagan addresses the nation on Tax Reduction Legislation July 27, 1981 (Photo by David Hume Kennerly/Getty Images) In the final big 2025 budget bill, Senate ...
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 ...
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises. By Andrew Duehren Reporting from ...
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 ...
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 ...
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 ...
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” ...
It’s been seven years since US president Donald Trump took to a Washington, DC, podium to sing the praises of a tax bill, soon to become the Tax Cuts and Jobs Act of 2017—better known to many as the ...