Across the country, state policymakers took strides to improve tax codes. In recognition of these efforts, the Tax Foundation honors state legislators, governors, and other individuals with our Outstanding Achievement in State Tax Reform award. As the name suggests, the honoree’s accomplishments must (1) be outstanding, (2) represent an achievement (not merely a proposal), and
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Source: Getty Royalty Free One of the most difficult problems in estate planning is determining how to handle personal collections and other special assets. Often the owner has devoted more than money to these assets. The collection is a special interest that consumed much time and attention, and there probably is an emotional investment as
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The Internal Revenue Service’s process for resolving tax appeals needs to be more timely and transparent, according to a report from the Government Accountability Office. The GAO report found that information on the length of the appeals process wasn’t readily available, making it difficult for taxpayers to know what to expect. While the IRS Office
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BlackRock’s Jeff Shen said the escalation of trade tensions and the imposition of tariffs between Washington and Beijing have exacerbated China’s financial woes as it works to modernize its economy. “I think tariffs were a bit of a catalyst. China is going through a deleveraging process, is going through a repositioning of its economy. …
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Ever get a sinking feeling when you’re around a certain co-worker? Someone who may have a substance abuse problem or a very liberal attitude toward work hours? You’re not the only one. Hiring managers have a wealth of eye-opening, scary workplace tales. The following hiring horror stories were collected by recruiting software company JazzHR, which
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Tracking The Economic Impact of U.S. Tariffs and Retaliatory Actions A new study provides modern-day evidence for what economists have long said: tariffs are bad, and international trade should be free. The International Monetary Fund (IMF) paper finds that tariff increases have negative effects on output and productivity that are magnified “when tariffs rise during
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Getty Just weeks after the Social Security Administration (SSA) warned about an Office of the Inspector General (OIG) impersonation scheme, the Acting Inspector General of Social Security, Gale Stallworth Stone, is raising an alert about a new scam. This time, the scheme involves thieves who are engaging in caller-ID “spoofing” which echoes a pattern where
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