Personal taxes

FILE - In this Dec. 18, 2017, file photo, Sen. John Thune, R-S.D., heads to a meeting at the Capitol in Washington. Key senators and farm groups are trying to fix a provision in the federal tax overhaul that gave an unexpected tax break to farmers who sell their crops to cooperatives instead of private buyers. The provision from Thune and John Hoeven, R-N.D., surfaced in the final days of the debate over the tax bill, which President Donald Trump signed last month. (AP Photo/J. Scott Applewhite, File)
January 18, 2018 - 3:01 pm
MINNEAPOLIS (AP) — Key senators and farm groups are trying to fix a provision in the federal tax overhaul that gave an unexpected tax break to farmers who sell their crops to cooperatives rather than regular companies. Lawmakers say they didn't intend to give a competitive advantage to co-ops. But...
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FILE - This Wednesday, March 1, 2017, file photo shows the Morgan Stanley headquarters in New York. Morgan Stanley reports earnings, Thursday, Jan. 18, 2018. (AP Photo/Mark Lennihan, File)
January 18, 2018 - 8:00 am
NEW YORK (AP) — Morgan Stanley's earnings fell 59 percent in the fourth quarter, the company said Thursday, as the investment bank had to book $990 million in charges related to the new tax law. Morgan Stanley earned $686 million, or 29 cents a share, down from $1.67 billion, or 81 cents a share,...
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January 11, 2018 - 4:47 pm
WASHINGTON (AP) — Taking the first concrete step toward the Republican tax plan's promise of fatter paychecks for millions, the Trump administration on Thursday issued new guidelines for how much employers should withhold as taxes from workers' pay. The Internal Revenue Service published the new...
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FILE - In this Wednesday, Jan. 3, 2018 file photo, New York Gov. Andrew Cuomo makes reference to his father Mario Cuomo as he delivers his state of the state address at the Empire State Plaza Convention Center in Albany, N.Y. During the speech, Cuomo pledged to sue over the new federal tax plan, which he called “an assault” by the federal government. (AP Photo/Hans Pennink)
January 06, 2018 - 9:00 am
CHERRY HILL, N.J. (AP) — In New Jersey and California, top Democratic officials want to let people make charitable contributions to the state instead of paying certain taxes. In Connecticut and New York, officials are exploring a switch from income taxes to new ones on payroll. A few governors have...
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A sign advertises Powerball and Mega Millions lottery jackpots at a store in Atlanta, Thursday, Jan. 4, 2018. An estimated $550 million jackpot is up for grabs on Saturday night's Powerball lottery drawing, making it potentially the 8th largest prize in the nation. (AP Photo/David Goldman)
January 05, 2018 - 11:28 am
DES MOINES, Iowa (AP) — Pity the Powerball and Mega Millions lottery game winners. Federal tax law changes would seem to promise that those who beat the odds and win a jackpot could keep more of their winnings from the government. But even as the new law cut top federal income tax rates, it also...
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FILE - This Dec. 11, 2013, file photo, shows a beer at a microbrewery in Birmingham, Ala. Craft breweries are raising a glass to the Republicans’ new tax overhaul: It cuts the excise tax on beer. (AP Photo/Dave Martin, File)
December 26, 2017 - 11:23 am
WASHINGTON (AP) — Craft breweries are raising a glass to the Republicans' new tax overhaul: It cuts the excise tax on beer. Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells Fargo. The tax measure that President Donald...
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Gail Trachtenberg and Lewis Eron prepay part of their 2018 property tax bill at the township building in Cherry Hill, New Jersey, on Thursday, Dec. 22, 2017. People across the country have been trying to prepay property taxes before a federal tax overhaul kicks in and caps deductions for state and local taxes. (AP Photo/Geoff Mulvihill)
December 22, 2017 - 2:59 pm
CHERRY HILL, N.J. (AP) — In a season of sales, homeowners in affluent towns across the country are rushing to take advantage of a deal that they hope will save them big. On taxes. Tax collectors in many communities are seeing a surge in property tax prepayments before 2018 in an effort to cash in...
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December 21, 2017 - 3:20 pm
With Congress sending President Donald Trump a tax overhaul, state and local governments are preparing for some fallout. A look at some of the ways it might affect them: FEDERAL-STATE CONNECTIONS The federal tax overhaul will force officials in most states to decide whether to apply similar changes...
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House Ways and Means Committee Chairman Kevin Brady, R-Texas, right, acknowledges President Donald Trump, as he speaks during a passage of the tax bill event on the South Lawn at the White House in Washington, Wednesday, Dec. 20, 2017. (AP Photo/Manuel Balce Ceneta)
December 21, 2017 - 3:14 am
WASHINGTON (AP) — You wouldn't know it from President Donald Trump's rhetoric, but the tax overhaul coming into effect is heavily tilted to the rich. It also leaves "Obamacare" in place, despite his assertion that the tax plan repeals the health care law. Nothing about the plan provides the fuel to...
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President Donald Trump congratulates Senate Majority Leader Mitch McConnell of Ky., while House Speaker Paul Ryan of Wis., watches to acknowledge the final passage of tax overhaul legislation by Congress at the White House in Washington, Wednesday, Dec. 20, 2017. (AP Photo/Manuel Balce Ceneta)
December 20, 2017 - 10:37 pm
WASHINGTON (AP) — A triumphant President Donald Trump and jubilant fellow Republicans celebrated the passage of their $1.5 trillion tax overhaul Wednesday as a "historic victory for the American people." The American people, however, will need some convincing. As Trump and GOP lawmakers gathered at...
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