Latest Personal taxes News

Editorial Roundup: United States

Aug. 17, 2022 12:35 PM EDT

Excerpts from recent editorials in the United States and abroad: Aug. 16 The Washington Post on Mohammed bin Salman and Saudi brutality: Salma al-Shehab, the mother of two young children, was studying for a PhD at the University of Leeds and took time...

Yellen tells IRS to develop modernization plan in 6 months

Aug. 17, 2022 11:46 AM EDT

WASHINGTON (AP) — Now that President Joe Biden signed Democrats' expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring...

Idaho governor eyes special session to deal with inflation

Aug. 16, 2022 18:37 PM EDT

BOISE, Idaho (AP) — Idaho Gov. Brad Little on Tuesday confirmed that he's considering calling a special session of the Legislature, saying rumors of the effort are “relatively right.” “We're working on that,” he said in brief comments to The Associated Press. “As I've...

Kemp will hand out up to $1.2B in cash to poorer Georgians

Aug. 15, 2022 17:15 PM EDT

ATLANTA (AP) — Gov. Brian Kemp said Monday he will spend up to $1.2 billion in federal COVID-19 aid on payments of $350 apiece to more than 3 million Georgians who benefit from Medicaid, subsidized child health insurance, food stamps or cash welfare assistance. The payments will...

Expanded IRS free-file system one step closer in Dems' bill

Aug. 15, 2022 16:05 PM EDT

WASHINGTON (AP) — The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. It’s something lawmakers and advocates...

Georgia's Kemp seeks tax breaks, rebutting Abrams on economy

Aug. 11, 2022 14:29 PM EDT

ATLANTA (AP) — Georgia GOP Gov. Brian Kemp unfurled the first major policy proposals of his reelection bid Thursday, pledging to spend $2 billion on another state income tax rebate and revival of a long-dormant state property tax break while contending with Democratic challenger Stacey Abrams...

Long-delayed Indiana tax rebate checks will be larger

Aug. 10, 2022 14:47 PM EDT

INDIANAPOLIS (AP) — About 1.7 million tax rebate checks from Indiana’s big state budget surplus that have been delayed for months will be larger when they finally start hitting mailboxes. State lawmakers last week approved a second round of rebates amounting to $200 per taxpayer,...

Abrams seeks to invest to build inclusive economy in Georgia

Aug. 09, 2022 21:06 PM EDT

ATLANTA (AP) — Democratic gubernatorial candidate Stacey Abrams argued in a speech Tuesday that it's time for Georgia to use its budget surplus to invest in its residents, accusing Gov. Brian Kemp and other Republicans of hurting the state by prioritizing low taxes and low spending. ...

Congress can get Trump tax records, appeals court rules

Aug. 09, 2022 15:19 PM EDT

WASHINGTON (AP) — A federal appeals court sided Tuesday with a House committee seeking access to former President Donald Trump's tax returns, rejecting Trump's contention that Congress was overstepping. A three-judge panel of the U.S. Court of Appeals for the District of Columbia...

Indiana GOP lawmakers settle on $200 for tax rebate payments

Aug. 04, 2022 18:43 PM EDT

INDIANAPOLIS (AP) — All Indiana taxpayers would be eligible for $200 rebate payments from the state’s surging budget surplus under an apparent deal reached Thursday among Republican legislators. Those payments will be less than the $225 refunds that were originally proposed by...