In Batchelor-Robjohns v. United States, the U.S. Court of Appeals for the Eleventh Circuit held that (1) res judicata doesn’t apply to a claim against a taxpayer if the claim arises from a transaction ...
The Georgia House is considering eliminating the “double deduction” of state income taxes some Georgians can take on their tax returns. If approved, the measure could raise taxes $130 million to $220 ...
A quirky “double deduction” tax break that benefits mostly higher-income taxpayers is halfway to extinction in Vermont, and other states may follow suit in their pursuit of revenue to plug budget gaps ...
A deduction for state and local taxes could double for certain taxpayers under a bill heading to the full House of Representatives, after being left out of a bigger package that cleared the chamber on ...
Q. For a married couple filing jointly, is the limit on the property tax deduction $10,000 or $20,000 because it's two people?-- Looking for savings A. You don't get a double deduction because you're ...
WASHINGTON (AP) — President Donald Trump and congressional Republicans are proposing a far-reaching plan Wednesday that would cut taxes for individuals and corporations, simplify the tax system and ...
WASHINGTON — A longshot bid to temporarily double the $10,000 cap on state and local tax deductions for most married couples went down to defeat Wednesday in the House. The limit was put in place — ...
Reporting from Washington — The Republican plan to nearly double the standard deduction as part of a sweeping tax overhaul appears to be a windfall for average Americans because it would allow them to ...
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