Congress never approved a world agreement setting a 15 percent minimum corporate tax, and the new president's memo on it said it would have no bearing on American companies.
Hopes are high this year to pass a bill capping the cannabis excise tax. Sen. Katy Duhigg has introduced a bill in the 2025 Legislature aimed at removing incremental increases to the state's 12% tax.
The IRS finally made it through a backlog of tax returns caused by COVID 19-related delays. The agency had a backlog of about 17 million paper-filed Form 1040 tax returns at the close of the 2021 ...