Latest Tax refunds News

Developments get low-income housing tax credit awards

Jul. 22, 2019 10:40 PM EDT

DETROIT (AP) — Five affordable housing developments in Detroit have been awarded competitive low-income housing tax credit awards by the Michigan State Housing Development Authority. The tax credits are expected to help create or preserve 536 affordable housing units across the city in developments that...

Waukee's solar program now available to all of Dallas County

Jul. 21, 2019 1:06 AM EDT

DES MOINES, Iowa (AP) — Michael Arkwright recently checked the solar panels on the barn behind his home outside Waukee. Even without receiving any direct sunlight, they were producing enough electricity to power his entire house — including his air conditioner — on a warm July day. Arkwright,...

2 Utah polygamous group members plead guilty in tax scheme

Jul. 19, 2019 7:07 PM EDT

SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group have pleaded guilty to charges filed in what prosecutors have called a $511 million tax credit scheme, according to documents made public Friday. Washakie Renewable Energy once described itself as the...

3 states sue Trump administration over tax workaround

Jul. 17, 2019 3:21 PM EDT

Connecticut, New Jersey and New York sued the Trump administration Wednesday over an IRS rule that weakens the states' attempts to work around a cap on state and local tax deductions. Attorneys general for the three states filed the lawsuit against the Treasury and IRS in federal court in New York. The suit...

2 sentenced in slaying of woman carrying $3,000 tax refund

Jul. 16, 2019 5:51 PM EDT

WILKINSBURG, Pa. (AP) — Two people have been sentenced to decades in prison after pleading guilty in the slaying of a young mother near Pittsburgh that authorities said was part of a scheme to rob her of her tax refund. Dane Taylor was sentenced to 30 to 60 years and Laya Whitley to 20 to 50 years after...

Klobuchar's plan would help Alzheimer's patients, caregivers

Jul. 12, 2019 6:18 AM EDT

WASHINGTON (AP) — Democratic presidential candidate Amy Klobuchar (KLOH'-buh-shar) has a new plan to help seniors that includes more support for people with Alzheimer's disease and their caregivers. It's an issue that's personal for the Minnesota senator, whose 91-year-old father is in a memory care...

Missouri governor signs GM tax break bill

Jul. 10, 2019 5:38 PM EDT

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson on Wednesday signed a business incentive bill aimed in part at enticing General Motors to expand in the state. The economic development package will allow GM to receive up to $50 million of tax credits over 10 years if it invests $750 million to expand a...

Drug company to build new plant in southeastern Wisconsin

Jul. 10, 2019 4:22 PM EDT

MADISON, Wis. (AP) — Gov. Tony Evers says an Illinois pharmaceutical company plans to build a drug manufacturing plant in southeastern Wisconsin. Evers announced Wednesday that Lincolnshire-based Nexus Pharmaceuticals, Inc., plans to build the $250 million, 100,000-square-foot facility in Pleasant Prairie....

Panel says more diligence about tax credit awards needed

Jul. 9, 2019 6:02 PM EDT

TRENTON, N.J. (AP) — New Jersey authorities overseeing the state's multibillion-dollar business tax credit programs should have been more diligent before awarding $260 million to a firm that gave false information on its award application, a task force said Tuesday. At a public meeting Tuesday, an attorney...

Correction: Sports Betting story

Jul. 8, 2019 3:55 PM EDT

AUGUSTA, Maine (AP) — In a story July 3 about legislation in limbo, The Associated Press, relying on information from the governor's office, erroneously reported that bills not signed by Gov. Janet Mills within three days after the start of the next legislative session will die. The governor's office now...