business taxes News

How ‘Fiscal Cliff’ Package Deals with Business Taxes

The “fiscal cliff” deal that slowly, painfully took shape in the U.S. Congress in recent days fulfills some of corporate America’s tax policy goals, but leaves others unmet, including a big one – meaningful deficit and debt reduction. The bill, …

Arkansas Revenues Up in March, Ahead of Forecast

Arkansas’ revenues in March were ahead of last year and beat official projections, as the state saw increases in nearly all major tax collections, the state’s finance office said on April 3. The Arkansas Department of Finance and Administration said …

Obama Budget Seeks Higher Taxes on Big Business

President Barack Obama’s 2013 budget proposal, released on Monday, calls for raising hundreds of billions of dollars from U.S.-based global companies, while ending cherished deductions and tax breaks for oil companies and other big firms. Resembling previous proposals from the …