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Angela Alsobrooks Improperly Claimed Tax Deductions on Properties

Prince George's County Mayor Angela Alsobrooks reportedly improperly claimed tax deductions on two properties in Maryland and Washington, DC, saving her thousands of dollars. Reviewed by CNN Found Alsobrooks, who is running for U.S. Senate in Maryland against former Governor Larry Hogan (R-Md.), had improperly claimed residential property tax exemptions for his home in northeast […]

N.Y. offering $2.3B in property tax relief: What homeowners need to know – SILive.com

STATEN ISLAND, N.Y. — Gov. Kathy Hofkal on Thursday touted New York state's efforts to provide $2.3 billion in tax relief to nearly 3 million state residents through the School Tax Relief (STAR) program. Hawkle highlighted these ongoing efforts, noting that more than two million residents have already received tax cuts, with nearly one million […]

Republicans rebuff global tax provision as Treasury implements possible workaround

House leaders and top Republican tax policymakers this week stepped up their opposition to international tax provisions within the Organization for Economic Cooperation and Development framework, as the Treasury Department moves forward with rules that could help companies avoid international taxation. House Speaker Mike Johnson (R-Louisiana) and Ways and Means Committee Chairman Jason Smith (R-Missouri) […]

Biden administration proposes wide eligibility for EV charger tax credit

The Biden administration has proposed rules to maximize the number of electric vehicle (EV) chargers eligible for tax credits. Before the proposed rules were released, it was unclear whether the tax credit would apply to the entire EV charging station or to the individual ports that make up the charger. The proposal would apply on […]

Democrats target tax avoidance before cuts expire in 2025

As the tax debate heats up ahead of the tax law's scheduled expiration next year, Democrats are going after tax evasion by big corporations and the wealthy. A new set of regulations proposed by the Treasury Department targets companies with profits of more than $1 billion, while Democrats on the Senate Finance Committee last week […]

Tim Walz Stumped By Question on Inflation; Repeats Lie About Trump ‘Sales Tax’

Democratic vice presidential nominee, Minnesota Gov. Tim Walz, was stumped Tuesday when a reporter asked him to explain what he and Vice President Kamala Harris would do to help families in financial difficulty. in Interview In an interview with WMAZ, a local CBS affiliate in Macon, Georgia, Walz began by saying that he and Harris […]

Trump Vows to Reinstate State and Local Tax Deductions

President Donald Trump appealed to New York voters, promising to reinstate the state and local tax (SALT) deduction if he is re-elected president. in post On Truth Social, the former president Rally Speaking at the Nassau Veterans Memorial Coliseum in Uniondale, New York on Wednesday, Trump said he would “turn New York around” and asked […]