In Batchelor-Robjohns v. United States, the U.S. Court of Appeals for the Eleventh Circuit held that (1) res judicata doesn’t apply to a claim against a taxpayer if the claim arises from a transaction ...
The Georgia House is considering eliminating the “double deduction” of state income taxes some Georgians can take on their tax returns. If approved, the measure could raise taxes $130 million to $220 ...
A deduction for state and local taxes could double for certain taxpayers under a bill heading to the full House of Representatives, after being left out of a bigger package that cleared the chamber on ...
WASHINGTON (AP) — President Donald Trump and congressional Republicans are proposing a far-reaching plan Wednesday that would cut taxes for individuals and corporations, simplify the tax system and ...
WASHINGTON — A longshot bid to temporarily double the $10,000 cap on state and local tax deductions for most married couples went down to defeat Wednesday in the House. The limit was put in place — ...
Q. For a married couple filing jointly, is the limit on the property tax deduction $10,000 or $20,000 because it's two people?-- Looking for savings A. You don't get a double deduction because you're ...
An error has occurred. Please try again. With a Centralmaine.com subscription, you can gift 5 articles each month. It looks like you do not have any active ...
Members of New York’s congressional delegation are aiming to double the state and local tax deduction as the House finalizes a broader tax bill that would restore the child tax credit. A group of ...
Reporting from Washington — The Republican plan to nearly double the standard deduction as part of a sweeping tax overhaul appears to be a windfall for average Americans because it would allow them to ...