Direct Taxation

The hottest job markets in America are in five different states, but they have a lot in common. They’re in midsize cities, all with a population under 2.3 million. They’re in states with fairly low income taxes, or none at all. And their…

Florida lawmakers gave final approval to a bill that would end a special tax district that allows Walt Disney Co. DIS -2.34% to govern the land housing its theme parks, escalating a…

Feb. 18, 2022 5:30 am ET Get ready for a wild tax season. Every year more than 200 million Americans sign and send income-tax returns to the…

Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax…

A Democratic proposal to tie taxes for big companies more closely to their financial accounting could distort public financial disclosures, inject politics into accounting rule-making and complicate financial reporting for large companies,…

The pandemic flight patterns that saw an influx of newcomers to cities like Tampa, Fla., Austin and Detroit has transformed the rental market. Low supply—and the desire of many to try out a destination…

WASHINGTON—The Biden administration says it’s trying to spur investment in America—while proposing to remove a four-year-old tax break that was intended to do exactly that.The break—a deduction for foreign-derived intangible income—has an…

WASHINGTON—Rural Democrats issued a warning Thursday about the Biden administration’s plan to tax unrealized capital gains at death, saying they are worried about the potential impact on family farms. In a letter to House…