Taxation

State efforts to crack down on sales tax fraud by some gasoline stations and convenience stores would be bolstered under legislation making its way through the General Assembly this session. The legislation follows a three-year investigation by...

Calumet Specialty Products Partners, L.P., a refiner and processor of specialty hydrocarbon products, announced plans Thursday to expand its headquarters here, creating up to 48 new jobs by 2015. The company, which produces oils, solvents, waxes and gels...

The elimination of the property tax to fund school districts has many merits, but it also creates areas of concern. Counties and local municipalities can still tax property and with the elimination of the heavy burden of school tax, they may increase...

NEWTON, Iowa — From a wind-power factory in this battleground state, President Obama urged Congress to extend tax credits he said would save jobs in the field of clean-energy production. Obama said continuing the production tax credit would save...

A simmering flap over the state of the state's business climate showed signs of boiling over Thursday as Gov. Dannel P. Malloy's top economic development official issued a statement rebuking a University of Connecticut report that painted a bleak picture....

PROVIDENCE, R.I. (AP) — Former Boston Red Sox pitcher Curt Schilling's faltering video game company, which received a $75 million loan guarantee to move to Rhode Island in 2010, laid off its entire staff on Thursday. An email sent by the 38 Studios...

Green is a color. It has come to have a meaning. It means be kind to the earth; support ethanol, solar, wind and global warming and probably PETA. It means protect our natural treasurers. My favorite color was always green. I built a solar house. I got...

Virginia's Hurricane and Emergency Preparedness Equipment sales tax holiday begins Friday. During the tax reprieve, shoppers can purchase items like bottled water, batteries, self-powered flashlights and radios, duct tape, smoke detectors, fire...

SAN JOSE — After a morning of closed-door campaigning here Thursday, President Obama plans to talk about tax credits for clean energy production during a visit to Iowa. As he focuses on his administration’s efforts to boost job creation,...

LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...

The town is accepting applications from homeowners for a new property tax deferral program that is available to people whose income has been reduced. Applications are available in the office of the town manager in town hall and the deadline to apply is...

For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...