State Tax

Income Tax Filing and Payment Deadline Changes As of April 1, every state with an individual income tax has offered taxpayers some form of income tax extension. Most states, with a few exceptions, traditionally follow the federal government in holding Tax Day on April 15. As a result, when the Internal Revenue Service (IRS) moved
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On March 26, weekly initial unemployment benefit claims hit the highest level in U.S. history, with five times as many filed as during the worst week of the Great Recession. Mandatory business closures and shelter-in-place orders have radically accelerated job losses compared to the steadier pace of layoffs in prior recessions, meaning these claims likely
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On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This post is part of that series. Past Updates:
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On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This post is part of that series. Past Updates:
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On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This post is part of that series. Past Updates:
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On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This post is part of that series. Past
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On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. State Legislative Session Changes Many states have adjusted
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Key Findings The Maryland General Assembly is on the verge of adopting a vaguely worded, legally dubious tax on digital advertising in the final days of this session—now paired with new tobacco taxes. Although lawmakers intend to tax large out-of-state businesses, much of the tax burden would be borne by Maryland-based businesses and Maryland consumers.
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Maryland’s much-debated Digital Advertising Gross Revenues Tax (SB 2) has been amended and reported from committee after a month’s deliberation in a working group. (For our analysis of the introduced version, click here.) The amended version of SB 2 changes the language about the sourcing of the digital advertising services to include factor apportionment. The
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