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Taxes

IRS announces tax relief for 25 counties

share ✓ Link copied to clipboard! The Internal Revenue Service (IRS) announced that taxpayers in some Minnesota counties affected by recent storms are now eligible for an extension on their tax filing deadline. Following severe storms and flooding in the…

Why Trump and Harris’ proposals to eliminate the federal tax on tips would be difficult to implement

Former President Donald Trump and Vice President Kamala Harris agree on at least one point: Both say they want to eliminate the federal tax on their employees’ tips. But experts say there’s a reason Congress hasn’t made such a change…

Northeast’s latest property tax plan calls for adding sales taxes to over 70 additional goods and services • Nebraska Examiner

LINCOLN — Nebraska state lawmakers will formally debate a tax relief package Tuesday that includes considering eliminating nearly 70 sales tax exemptions to provide funds for property tax cuts. A month ago, a draft of a property tax law indicated…

PCC uses marijuana tax dollars to promote workforce development

TUCSON, Ariz. (KGUN) – A new kind of green is finding its way into the coffers of Arizona community colleges. The legalization of recreational marijuana in Arizona has had a significant impact on the state’s community colleges, with Pima Community…

Scottsville decides against controversial restaurant tax

SCOTTSVILLE, Ky. (WBKO) – During Monday’s Scottsville City Council meeting, city leaders asked the public to comment on a proposed three percent restaurant tax. Several residents and restaurant owners then voiced their displeasure with the proposal before city leaders voted…

Committee advances property tax relief plan in Nebraska Legislature

State Senator Lou Ann Linehan of Elkhorn, chair of the Legislature’s Finance Committee, with Governor Jim Pillen and Lieutenant Governor Joe Kelly, on August 5th.Zach Wendling/Nebraska Examiner LINCOLN (Nebraska Examiner) — The Nebraska Legislature’s Finance Committee on Monday rejected a…

Why the tax-free tipping rule is gaining traction across the political divide

Vice President Kamala Harris and former President Donald Trump found common ground on tax issues during the election campaign. On Saturday, during a campaign rally in Las Vegas – where many casino workers rely on tips as part of their…

Opinion: Debate over the overhaul of California’s volatile tax system continues

Flags over the California Capitol in Sacramento. Courtesy of Senator Toni Atkins’ office For two decades, California’s governors and legislators – as well as lobbyists from countless groups with influence over the state budget – have been engaged in an…

Pennsylvania residents want housing tax relief

More than 100,000 first-time claimants have filed their refund forms in Pennsylvania after Governor Josh Shapiro expanded the long-standing program last year. Shapiro announced the additional applications this month, saying that more seniors and residents with disabilities in Pennsylvania are…

You may not like taxes, but how do you plan to abolish them? – Agweek

You may have heard—and if you haven’t, you may be living under the moon—but it’s an election year. We’re at the point in the season where I’ll be time-shifting my TV to fast-forward through commercials from candidates who lie and/or…