Latest Personal taxes News

Trump scores a victory in bicoastal battle over tax returns

Sep. 19, 2019 7:21 PM EDT

SACRAMENTO, Calif. (AP) — President Donald Trump's efforts to keep his tax returns private played out on both coasts Thursday, with a California judge handing him an initial victory and his lawyers in New York City arguing that federal prosecutors there are trying "to harass" him by seeking the...

The Latest: California defends tax return law after setback

Sep. 19, 2019 5:40 PM EDT

SACRAMENTO, Calif. (AP) — The Latest on a court hearing over California's law aimed at forcing President Donald Trump to release his tax returns (all times local): 2:40 p.m. California's elections chief says he believes a state law requiring presidential candidates to release their tax returns is...

New Mexico clears backlog of tax rebates to film industry

Sep. 19, 2019 5:00 PM EDT

SANTA FE, N.M. (AP) — New Mexico cleared its backlog of pledged tax rebates to film and video production companies by reimbursing about $30 million of in-state spending, state taxation officials announced Thursday. The state paid out $100 million in backlogged credits in June. September payments of just...

U.S. judge sides with Trump request to halt California law aimed at forcing the president to release his tax returns

Sep. 19, 2019 4:40 PM EDT
SACRAMENTO, Calif. (AP) — U.S. judge sides with Trump request to halt California law aimed at forcing the president to release his tax returns.

President Donald Trump files lawsuit in attempt to block New York prosecutors from getting his tax returns

Sep. 19, 2019 11:00 AM EDT
NEW YORK (AP) — President Donald Trump files lawsuit in attempt to block New York prosecutors from getting his tax returns.

Oklahoma judge accused of not filing income tax returns

Sep. 17, 2019 5:05 PM EDT

OKLAHOMA CITY (AP) — An Oklahoma County district judge has been indicted on four counts of failing to file state income tax returns. Court records indicate the misdemeanor charges were filed Tuesday against 43-year-old Kendra Coleman of Oklahoma City. Oklahoma's multi-county grand jury accused Coleman of...

Rhode Island officials aim to curtail tax credit program

Sep. 17, 2019 7:58 AM EDT

PROVIDENCE, R.I. (AP) — Rhode Island officials are working to regulate an impending business incentive program that they worry could lead to insider firms receiving an influx of taxpayer money. The Providence Journal reports that the Small Business Development Fund aims to incentivize $65 million in...

Omaha councilman pleads guilty to not filing tax returns

Sep. 17, 2019 7:05 AM EDT

OMAHA, Neb. (AP) — An Omaha city councilman has pleaded guilty to charges that he didn't file federal income tax returns for 2012, 2013 or 2014. Vinny Palermo entered the pleas Monday and is scheduled to be sentenced Dec. 9. His lawyer, James Martin Davis, says Palermo has since paid what he owed and did...

AP source: New York prosecutors subpoena Trump's tax returns

Sep. 16, 2019 5:47 PM EDT

NEW YORK (AP) — New York City prosecutors have subpoenaed President Donald Trump's tax returns, a person familiar with the matter told The Associated Press on Monday. Manhattan District Attorney's Cyrus Vance Jr.'s office recently sent a subpoena to Trump's accounting firm seeking the last eight years of...

California lawmakers tackled health care, wildfire costs

Sep. 14, 2019 9:31 PM EDT

SACRAMENTO, Calif. (AP) — In their first year with a new governor, California lawmakers passed legislation aimed at guarding against financial harm from wildfires, deterring fatal police shootings and expanding health care to young immigrants living in the country illegally. That's on top of efforts...