Trump’s tax returns put Supreme Court back in political storm

The U.S. Supreme Court is set to hear what could become the biggest cases involving Donald Trump as president, a pair of constitutional clashes that could insulate chief executives from investigations while in office and add an explosive new element to the 2020 election campaign. Original Article Posted at : https://www.accountingtoday.com/articles/trumps-tax-returns-put-supreme-court-back-in-political-storm

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California the Latest to Propose Higher Vapor Taxes

When Governor Gavin Newsom (D) submits his revised budget proposal on Thursday, it will include a vapor tax increase. California currently taxes vapor products at 59.27 percent of wholesale value, but the proposal would impose an additional tax at a rate of $2 for each 40 milligrams of nicotine in the product. The tax would…

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