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Income Tax
Taxpayers Who Paid for Turbotax Through ‘free’ Filing Ads Are Eligible for a $141…
According to the settlement, the parent business of popular tax filing software TurboTax was wrongfully accused of charging low-income consumers for utilizing the free version of their software.
Attorney General Letitia James stated…
Senators in Missouri Support a $500 Tax Refund for Individuals!
Under a measure backed by state senators, many Missouri taxpayers might receive a one-time refund of up to $500 per individual as a means to help offset inflation while also reducing the state's surplus.
The Senate proposal is identical to…
Why a Wealth Tax Wouldn’t Be a Good Idea
The president's budget is the legislative equivalent of a vision board or mission statement: a mildly delusory wish list meant to inspire. Although the president's budget is never technically binding—Congress still has a fragile hold on the…
How to Spend Your Tax Refund Wisely in Seven Simple Steps!
The potential of receiving a large sum of money at the conclusion of the procedure is the primary motivator for millions of Americans to finish their tax returns every spring.
The tax refund, which this year averaged $3,100, is a…
Taxpayers in Colorado Will Receive $400 in Late July!
Democratic leaders stated earlier this week that Colorado taxpayers will receive cheques in the mail in the amount of $400 for single filers and $800 for joint filers before the end of the summer.
A taxpayer must live in the state…
Gov. Kemp Signs a Bill That Lowers State Income Taxes. What Does This Mean for You?
Gov. Brian Kemp signed one of the greatest state income tax cuts in Georgia history into law on Tuesday, and he did so in the same county where his main GOP opponent, David Perdue, grew up.
Perdue wants to repeal the state income tax…
Under a New Republican Bill, Ohio’s State Income Tax Would Be Removed in 10 Years!
According to new Republican-sponsored legislation unveiled Tuesday in the Ohio Senate, Ohio's state personal income tax would be phased away completely over the following ten years.
Senate Bill 327, which has the support of nearly a third…
On the Primary Ballot in Trotwood, Ohio, Is a Temporary Income Tax Hike!
The city of Trotwood will place a temporary 0.5 percent income tax hike on the May 3rd primary election ballot, which will take effect immediately. If the hike is approved, it will be in effect for five years.
According to Trotwood…
In the United States, Every Day of the Year Is Tax Day!
This year's federal income tax filing date was later than normal. To avoid clashing with the District of Columbia's Emancipation Day holiday (April 19 in Maine and Massachusetts due to Patriot's Day), Tax Day was put back to April 18.…
There Are Plans in New Jersey to Reduce Gas Prices Through Tax Credits!
According to AAA, a gallon of standard gas cost $4.08 on Tuesday, down 28 cents from a month earlier.
While it is uncertain whether legislators will pass any of the proposed gas price reduction bills, tax credits appear to be the most…