Tag: tax overhaul
Trump’s SALT cap fuels a wealth exodus from high-tax states
NEW YORK – Some of the hardest evidence yet indicates that the 2017 Republican tax law is pushing money and people from high-tax states...
KVH Industries reports $11M loss for 2017
MIDDLETOWN – KVH Industries Inc. reported a 2017 net loss of $11 million, or 67 cents per diluted share, in its 10-K filing with...
Hasbro revenue up, profit down on tax code changes
PROVIDENCE – Hasbro Inc. reported net income of $396.6 million for 2017, which thanks to a $296.5 million charge as a result of the...
Santander raises its minimum wage to $15/hr
PROVIDENCE – Santander Bank announced that it is raising its minimum wage for its employees to $15 an hour. The increase in wages stems from...
Trump tax cuts bail out Wall Street banks from trading malaise
Republican tax cuts are saving the day for Wall Street banks. The sweeping tax overhaul means billions of dollars in profit will materialize from thin...
Buoyed by new tax law, Citizens increases profit in 4Q and...
PROVIDENCE – Buoyed by a $331 million after-tax benefit from the new tax law, Citizens Financial Group Inc. on Friday reported 2017 profit increasing...
Big U.S. banks slashed 8,000 more jobs before tax-cut windfall
SEATTLE – America’s biggest banks just spent a week regaling shareholders about brighter days ahead, when tax cuts add billions of dollars to the...
Connecticut, California reap windfalls from U.S. tax changes
NEW YORK – At least two high-tax states are receiving windfalls thanks to Washington. In California, a state that will be heavily affected by the...
Citizens Bank rewards employees, charity in wake of tax reform
PROVIDENCE – Standing to gain hundreds of millions of dollars in the wake of tax reform, Citizens Financial Group Inc. is sharing some of...
Did you pre-pay your property taxes due for fiscal 2018 in...
Among the many changes the federal tax overhaul brings is the limit on the deductability of state and local income and property taxes. Whereas...
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