Latest Personal taxes News

Auditor: All Indiana state tax rebate payments mailed out

Sep. 30, 2022 14:49 PM EDT

INDIANAPOLIS (AP) — All Indiana state tax rebate payments from the state’s budget surplus have been printed and mailed, Indiana State Auditor Tera Klutz said. “We successfully completed printing on September 21 and sent the last batch of automatic taxpayer refund checks to the...

Massive Arizona income tax cut going into full effect

Sep. 29, 2022 19:02 PM EDT

PHOENIX (AP) — A massive Arizona income tax cut that mainly benefits the wealthy championed by GOP Gov. Doug Ducey and enacted by Republicans who control the state Legislature in 2021 will go into full effect ahead of schedule next year, Ducey's office announced Thursday. The plan...

FAFSA season starts: What you need to know for financial aid

Sep. 27, 2022 11:23 AM EDT

NEW YORK (AP) — The Free Application for Federal Student Aid filing season starts Oct. 1 for the 2023-2024 school year. If you plan to attend college next year, experts say you might want to fill out the FAFSA application as close to the opening date as possible. Many institutions...

Georgians say $350 payments start rocky, state defends push

Sep. 22, 2022 17:39 PM EDT

ATLANTA (AP) — Some Georgia residents say they're having a hard time accessing and spending $350 payments the state is making to more than 3 million residents who benefit from Medicaid, subsidized child health insurance, food stamps or cash welfare assistance. Others have been able...

Massachusetts taxpayers to get some of their money back

Sep. 16, 2022 13:31 PM EDT

BOSTON (AP) — Massachusetts taxpayers can look forward to seeing a return of some of their tax dollars this year, Gov. Charlie Baker said Friday. The announcement came after the state auditor’s office certified that tax revenues exceeded allowable revenues under a little-noticed...

Yellen calls for modernized IRS at Maryland field office

Sep. 15, 2022 13:50 PM EDT

NEW CARROLLTON, Md. (AP) — Treasury Secretary Janet Yellen laid out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges at an IRS office in New Carrollton, Maryland, on Thursday. Yellen said the agency plans to hire...

Louisiana lawmakers discuss eliminating income tax

Sep. 13, 2022 19:31 PM EDT

BATON ROUGE (AP) — Louisiana legislators are once again discussing a possible path toward eliminating state income tax. Lawmakers acknowledged, during Tuesday’s tax-writing committee meeting, that proposals to rid income tax is bound to meet massive fiscal hurdles, but others...

Editorial Roundup: Missouri

Sep. 12, 2022 16:23 PM EDT

Kansas City Star. September 12, 2022. Editorial: Missouri man committed a horrific crime. But execution is not justice — it’s cruelty Little evidence suggests Missouri Gov. Mike Parson will spare the life of convicted cop killer Kevin Johnson, a Missouri death row...

Illinois tax rebates are coming -- in time for the election

Sep. 12, 2022 15:52 PM EDT

SPRINGFIELD, Ill. (AP) — Democrats who run state government celebrated while announcing that tax-rebate checks — totaling more than $1.2 billion — on Monday began heading to 6 million taxpayers. Rebates on income and property taxes are part of a $1.83 billion inflation-relief...

Bears say they'd need assistance to complete stadium complex

Sep. 08, 2022 23:18 PM EDT

ARLINGTON HEIGHTS, Ill. (AP) — The Chicago Bears say they will need taxpayer assistance if they are going to construct an enclosed suburban stadium that could host Super Bowls, Final Fours and College Football Playoff games and anchor a surrounding entertainment and residential complex. ...