Expansion of state’s structural deficit makes it likely the governor will leave office with finances unbalanced.

“This is simply about helping people like Elon Musk pay less in taxes,” said House Democratic Caucus Chairman Pete Aguilar, D ...

State and local taxes you pay are deductible if you itemize on your federal income tax return. But the Tax Cuts and Jobs Act of 2017 capped the state and local tax (SALT) deduction at ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

WalletHub ranked 300 U.S. cities based on how affordable they are for homebuying. This is where four NJ cities ranked.

Sen. Dave Cortese has called on the state to use its credit to insure construction and permanent loans for multifamily ...

“California is ... $11 billion gap between income and outgo that he filled with reserves, loans, deferrals, raids on special funds and accounting maneuvers. State tax receipts were running ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit ...

Gavin Newsom pinned California's gloomy financial picture on a "Trump slump," blaming the president's tariffs during the ...

Taxpayers from high-tax ... California, New Jersey, and Massachusetts. But it’s not just any old taxpayers from states like those that are the chief beneficiaries: It’s high-income taxpayers.