#state-budget-impact

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#federal-tax-cuts #tips-and-overtime-taxation #state-taxation #federal-tax-conformity #tips-and-overtime
US politics
fromFortune
3 weeks ago

Trump cut income taxes on tips and overtime, but many states-even some led by Republicans-haven't done the same yet | Fortune

States must decide whether to adopt federal tax breaks for tips, overtime, vehicle loans and equipment — choices that affect taxpayer savings and state budgets.
US politics
fromwww.twincities.com
3 weeks ago

States face a choice on whether to embrace Trump's tax cuts on tips, overtime and more

States must decide whether to conform to federal tax breaks exempting tips, overtime, and other items, affecting taxpayers' state liability and state budgets.
US politics
fromFast Company
3 weeks ago

States are divided on whether to follow Trump's tax breaks on tips, overtime, and more

States must decide whether to adopt new federal tax breaks—such as deductions for tips, overtime, and auto loan interest—which affect taxpayer liability and state budgets.
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