A new bill filed today in the Connecticut Legislature would fundamentally change how marijuana is taxed in the state, moving away from a potency-based model and toward a simple flat excise tax. Senate ...

A primer on the taxes collected on the sale of an airline ticket, and what government agencies the taxes go to pay for, ...

California has over $70B in unaccounted for federal tax dollars under Newsom. Hawaii has the highest state tax burden at 13.9% of income. New York ranks second at 13.6%. California leads the nation ...

The new excise tax (ET) framework, effective from January 1, has led to price increases for alcohol, tobacco, carbonated drinks, and pan masala - goods deemed harmful to health. 42.8 Wangdue a the ...

The Internal Revenue Service (IRS) has issued new cents-per-mile rates for calculating tax-deductible vehicle operating costs for 2026. The new regulations, effective January 1, show that the standard ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

SPOKANE, Wash. — Washington state will implement a 95% excise tax on all tobacco and nicotine products in 2026, creating significant financial challenges for local vape shops and expected price hikes ...

The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax paid on dyed fuel established under the One Big Beautiful Bill Act.

Brooklyn, N.Y.-based Maridea Wealth, a wealth and investment management firm with $1 billion in client assets, is adding tax and accounting services to its roster of products through the acquisition ...

Tesla’s US sales have taken a significant hit in November, dropping to just 39,800 units according to new data. This comes as the market adjusts to the expiration of the federal tax credit, despite ...

Florida has the most regressive tax system in the nation, with the lowest-income residents paying a much higher effective tax rate than the wealthiest. Eliminating property taxes could lead to higher ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...