Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...

A major overhaul of how gasoline is taxed in Michigan took effect on January 1, 2026. The legislation marks one of the most ...

New laws took effect across Michigan and Ohio as 2026 began, bringing changes to gas taxes, marijuana regulations and ...

If Wichita voters approve a retail sales tax this March it would apply to food and grocery purchases in the city under current state law. Here’s what to know. Getty Images All retail purchases in ...

Virginia's next governor and General Assembly are looking for a roadmap that leads to more money for the Washington Metro and public transit systems across the state, without ...

That $1.54 multiplier isn’t abstract economic theory. It’s money that must be spent, and it must be paid locally. Unlike tax ...

To claim the new tax break, you will need to fill out a new form — Schedule 1-A — according to draft instructions from the IRS. 6. Tax deduction for overtime pay The Trump administration has billed ...

Even as the state Legislature works to close a $2.3 billion funding gap, the Democratic governor has proposed a no-new-taxes ...

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...

The nation’s largest private-sector employer has reason to cheer the resilience of the Australian economy, but a gathering ...

From high-stakes political contests to big-ticket real estate developments, here's what to watch in Chicago business in 2026.

The Picklr chain will open an indoor pickleball space next to Academy. Sales tax revenue confirms a strong start to holiday ...