For communications professor Jason Jarvis and his wife, Jun, California just got more expensive. The Inglewood couple, who last year paid $16,000 in state and local taxes, were only able to deduct $10,000 of it from their federal taxes this year. The federal Tax Cuts and Jobs Act—signed last year...
5 Teachers Sue California Union Over Forced Dues Collection
SAN FRANCISCO — Five California educators on Monday filed a lawsuit seeking to stop the state's top teachers union from collecting dues through mandatory paycheck deductions, the latest in a series of similar legal challenges filed across the country. The lawsuit challenging the California Teachers Association's mandatory collection of dues...
New IRS Rule on Deductions Hits Some High-Tax States Hard
CHERRY HILL, N.J. — New rules unveiled by the IRS undermine some states' attempts to help residents keep a version of a popular federal income tax deduction. Last year's Republican tax overhaul put a $10,000 cap on deductions for state and local income taxes, which could affect some high-earners in...