By opening the door to a pair of polarizing corporate taxes, Mayor Brandon Johnson could galvanize a progressive base itching ...

In short, changes like allowing upfront depreciation of assets and immediate expensing of research-and-development expenses ...

California's corporate tax system includes an 8.84% tax rate and an $800 minimum franchise tax. Businesses must meet deadlines, make estimated payments and follow reporting rules to avoid penalties.

The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...

As he calls on Chicago’s “billionaires and ultra rich” to “put more skin in the game,” Mayor Brandon Johnson said a ...

Giving USA’s recent upbeat report showing record corporate giving in 2024 ran headlong last week into the “One Big Beautiful Bill.” By upending the tax code, the legislation signed into law on ...

A new report from the Michigan House Fiscal Agency highlights expected state budget impact from less-scrutinized changes in ...