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Tax law

New Jersey offers residents incentives to sue New York

by Meghan McCarty Carino
Apr 25, 2024
The move centers around taxes paid by New Jersey residents whose jobs are in New York and had to pay taxes there.
New Jersey residents who succeed in suing over income taxes paid to New York would be allowed to keep half of the tax dollars they recover, according to a new state law.
Leonardo Munoz/AFP via Getty Images
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Check Your Balance ™️

A tax refund is a lifeline for a lot of Americans

by Samantha Fields
Mar 4, 2020
Last year, after the Tax Cuts and Jobs Act of 2017 went into effect, a lot of people saw their tax refunds shrink or disappear.
Joe Raedle/Getty Images
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IRS releases final rules on deductions for "pass-through" businesses

by Marielle Segarra
Jan 18, 2019
You won't find a lot of simple yes-and-no answers in the 247-page document.
Win McNamee/Getty Images
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Confusion reigns for some businesses over "pass-through" deduction

by Marielle Segarra
Jan 14, 2019
Some companies are unsure whether a 20 percent income deduction applies to them.
Under the new tax law, LLCs and S corporations pay taxes based on their owner’s personal income instead of the corporate tax rate.
Tim Boyle/Getty Images
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Government shutdown 2019

The business that's not happening, thanks to the shutdown

by Nancy Marshall-Genzer , Renata Sago , Marielle Segarra , Andy Uhler and Tracey Samuelson
Jan 9, 2019
From mergers and food regulation to taxes and immigration, daily commerce is in limbo.
Andrew Caballero-Reynolds/AFP/Getty Images
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What to expect on the new tax law in 2019

by Marielle Segarra
Dec 28, 2018
We’re still learning how the tax law is playing out and what it all means.
Anticipating a high volume of calls and the ensuing backlog, the IRS is urging people to prepare as much as possible this tax season.
Joe Raedle/Getty Images
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As corporate earnings season rolls on, winners and losers emerge

by Mitchell Hartman and Marielle Segarra
Oct 23, 2018
Tariffs are costing some companies plenty. Others are immune, at least for now, and benefiting from tax cuts.
“We have the highest prices in the world right now for aluminum and steel,” said Kristin Dziczek, a vice president at the Center for Automotive Research. Above, Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images
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As corporate earnings season rolls on, winners and losers emerge

by Mitchell Hartman and Marielle Segarra
Oct 23, 2018
Tariffs are costing some companies plenty. Others are immune, at least for now, and benefiting from tax cuts.
“We have the highest prices in the world right now for aluminum and steel,” said Kristin Dziczek, a vice president at the Center for Automotive Research. Above, Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images
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Economic Anxiety Index®

African-Americans, women and millennials have more economic anxiety than the rest of the country

by Sarah Menendez
Mar 7, 2018
Whether your economic anxiety has increased or decreased in the last year depends on who you are, according to the latest Marketplace-Edison Research Poll.
Pedestrians walk by a building advertising available retail space on Lexington Avenue on February 8, 2018 in New York. 
DON EMMERT/AFP/Getty Images
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In a year-end scramble, charities worry about the impact of new tax law

by Renata Sago
Jan 2, 2018
Many Americans had less of an incentive to give, as the law doubles the standard deduction.
 Legislation and regulation books related to the GOP's planned tax overhaul are stacked and ready in the House Ways and Means Committee hearing room in Washington, D.C.
Chip Somodevilla/Getty Images
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