Through Entity News Today

Virginia taxpayers would be able to use higher standard deductions in preparing their income tax returns next year under a new analysis by the state tax department. But Senate Democrats question the underlying calculation and warn against trusting Gov. Glenn Youngkins revenue estimates in an ongoing budget battle over his proposed $1 billion package of tax cuts.

Phoenix, AZ—The Arizona Department of Revenue would like to inform taxpayers of the tax year 2022 annual adjustments for Arizona standard deductions, new tax

New York State Governor Kathy Hochul has signed into law a bill that imposes “bright-line” economic nexus based on in-City receipts, applicable to tax years beginning on or after...