House Finance panel advances slate of tax measures, including corporate NOL change and state free-file plan Subcommittees of the Virginia House Finance Committee on Tuesday advanced multiple tax-related bills: HB 958 would create a Virginia corporate net operating loss deduction beginning in 2027; HB 1180 directs the tax commissioner to build a free state tax-filing system; and HB 1454 would exempt AmeriCorps education awards from Virginia taxable income. Each bill was reported or referred following roll calls.

Virginia's House Finance Committee just advanced a groundbreaking tax package that could reshape corporate tax liabilities and introduce a free state tax filing system!

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Virginia Gov. Youngkin calls for end to taxes on tips ahead of legislative session

Virginia Gov...

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