March 12, 2022
Mayor Adams proposes increasing NYC's EITC benefit and matching it with additional state investment
Mayor also offers tax incentives to promote affordable and accessible child care for working families
NEW YORK - New York…
The State House and Senate gavels fell around 11.35pm last night, ending this year's 60-day legislative session 'Sine Die'. Most lawmakers were, for the first time this year, present on the floor of both…
At the last second, House and Senate budget negotiators agreed to insert a provision granting an estimated $6 million in tax relief for the Daytona 500 into the tax cut bill.
The tax cuts bill also contains sales tax holidays for a variety…
Mayor Michelle Wu hopes to extend property tax relief to more seniors.The mayor signed a bill that included a measure that would increase the eligibility threshold for low-income seniors who own and live in their homes and apply for tax…
The New Jersey Business & Industry Association is supporting several bills in the Senate Budget and Appropriations Committee today that will help improve affordability in the state.
Of note, the NJBIA supports Bill S-330 (Singleton,…
TOPEKA — A Kansas Senate panel on Monday backed two bills that provide tax relief for ordinary Kansans and teachers using their own money to fund classroom needs.
Senate Bill 519 increases the 25%…
Kane County seniors who are having financial difficulty paying their property taxes can take advantage of a program that defers up to $5,000 of their property tax bill. The deadline to apply for the Senior Property Tax…
The Maryland Department of Assessments and Taxation (SDAT) today announced that applications for the 2022 Homeowner and Renter Tax Credit Programs are available online.
The Property Tax Credit for Homeowners program provides tax relief to…
Governor Gretchen Whitmer set the stage Wednesday night for an election-year debate in Lansing on potential state tax cuts.
As Republicans in the Senate moved forward with proposals to cut personal and corporate income tax rates, Whitmer…
Fewer people think Idaho is heading in a positive direction and more think the state is on the wrong track, according to a new survey. While 46% of respondents answered "right direction" versus 41% saying "wrong track," the gap…
Costs are rising for all of us.
Inflation has raised the price of everything from gas and groceries to new and used cars, and it seems inevitable that these expenditures will hit municipal governments in the coming…
Editor's Note: John Hendrickson is the Iowans Policy Director for the Tax Relief Foundation, and Dave Trabert is the Managing Director of the Kansas Policy Institute and author of âWhat Was Really the Matter with the…
WICHITA, Kan. (KAKE) - After Kansas Governor Laura Kelly announced her "Tax Axis" initiative to eliminate sales taxes on food, some heads of state said more needed to be done.A lawmaker now wants to eliminate the sales tax on all hygiene…
The state sales tax rate paid by buyers of used vehicles, trailers and semi-trailers priced between $ 4,000 and $ 10,000 fell to 3.5% on Saturday, thanks to a state law passed in 2021.
The previous rate was 6.5%. Vehicles priced under…
By Alex Guerrero
It was over with the old and the new when members of the Albert Lea School District Board of Directors overheard Ian Rigg, Albert Lea's City Manager, talk about a policy change.
âOur…
(Getty)
There, removing Texas taxes.
A Houston Chronicle investigation found that some religious leaders in Lone Star State lead lavish lifestyles in mansions that double as rectory - homes for the clergy - which like church buildings…
Yesterday, WA's Tax Structure Working Group received an update from their consultant on community meetings and outreach that took place earlier this year. From consultant's report:
"... overall,…
Concerns about the pandemic, natural disasters and new tax laws were among the many challenges facing tax professionals and their clients in 2021. In this ever-changing environment, the tax policy and advocacy group of the AICPA…
Tax relief is on the way for longtime Maui families struggling with a steep rise in property taxes.Maui County Council unanimously approved the Ê»Äina kupuna bill on Friday.…
Democrats in the House have passed legislation for President Biden's Build Back Better program. The bill will now go to the Senate for consideration in the Upper House. One measure missing from the âcare…
I want to say a big bravo and a big thank you to all my fellow farmers and ranchers. It has been a really difficult year. We have experienced droughts before, but I have never seen one so devastating. We are all in the same boat. We…
IRON MOUNTAIN - A $ 6.3 million Boss Snowplow expansion project will receive tax relief under a resolution approved by Iron Mountain City Council on Monday.
The new construction…
Sign up for The Brief, our daily newsletter that keeps readers up to date with the most essential Texas news.With renewed support from Gov. Greg Abbott, legislation to lower property tax rates is on a fast track through the Texas…
Since 1996, Whitefish has been generating voter-approved resort tax funds to rebuild our streets, provide property tax relief to Whitefish landowners, and!-->!-->!-->…
The average Danville household has nearly $ 40,000 in state and local pension debt.
Illinois' worst retirement debt has become a well-known problem. More than $ 144 billion in retirement debt for the five statewide…
Representative Glenn RogersTexas' relationship with property taxes is as old as the state itself.For more than a century after our independence from Mexico, state property taxes supported more than half of total state revenue. Meanwhile,…
Bexar County Commissioners received a staff briefing on the county's proposed balanced $ 2.8 billion budget at their meeting on Tuesday. The budget provides for no new property taxes and an…
Representative Ed Orcutt represents Washington's 20th legislative district. He is also a member of the rank minority on the House of Representatives Finance Committee. Orcutt is concerned about taxes, the impacts of police…
Franklin City Council on Monday approved $ 3.5 million in tax relief for a speculative building.Indianapolis-based Peterson Property Group has applied for a tax break to construct a 450,000 square foot building at Mitsubishi Parkway and…
Idahoans will begin receiving direct deposits or mail-in checks as income tax relief starting this week, following the passage of Governor Brad Little's!-->!-->!-->…
Legislation Gov. Janet Mills enacted property tax relief on Monday for thousands of people aged 65 or older and earning less than $ 40,000 a year.
The property tax deferral program comes with conditions. The state will pay property taxes…
LEONARDTOWN, MD - The County of St. Mary's is seeking to stimulate and incentivize investment in commercial real estate and has announced a new program to provide tax relief to owners of commercial property.
The Property Tax…
No one likes paying taxes, but one of the perks of being a PAYE taxpayer is that your employer makes the necessary source deductions and you don't have to go through what can be a tax process.
Some PAYE taxpayers, however, earn income…
Photographic illustration by Scott Olson / Getty Images
Getty Images
A growing number of states are using a workaround to help their taxpayers avoid a Trump-era cap on critical tax relief. It remains to be seen…
AUGUSTA, Maine (WAGM) - Lawmakers in Maine have announced a bipartisan budget deal that focuses on a number of key topics. The deal includes funding for seniors' residences, 55% funding for public education, and risk payments of $ 300 to…
Manhattan District Attorney Cyrus Vance, Jr. leaves New York Criminal Court during the sexual assault trial of Harvey Weinstein in the Manhattan neighborhood of New York, New York, United States on February 5, 2020. REUTERS / Jeenah Moon /…