Latest Personal taxes News

Nebraska Sen. Lou Ann Linehan of Elkhorn speaks in Lincoln, Neb., Wednesday, Aug. 5, 2020, as lawmakers debate a property tax and business incentive package. (AP Photo/Nati Harnik)

Nebraska property tax, incentives packages wins initial OK

Aug. 5, 2020 9:04 PM EDT

LINCOLN, Neb. (AP) — Nebraska lawmakers advanced a compromise package Wednesday to soften the impact of local property tax increases, preserve tax incentives for businesses and commit as much as $300 million in state money to a proposed disaster response facility in Omaha. The measure won first-round...

FILE - In this Friday, Feb. 7, 2020, file photo, Manhattan District Attorney Cyrus Vance Jr. leaves court, in New York. Vance, the New York prosecutor who has been fighting to get President Donald Trump’s tax returns, got Deutsche Bank in 2019 to turn over other Trump financial records. (AP Photo/Richard Drew, File)

NYC prosecutor sought records from Trump's bank

Aug. 5, 2020 8:51 PM EDT

NEW YORK (AP) — The New York prosecutor who has been fighting, unsuccessfully so far, to get President Donald Trump’s tax returns had better luck last year getting a bank to turn over his financial records. The office of Manhattan District Attorney Cyrus R. Vance sent a subpoena last year to...

Georgia governor plans special session to fix tax bill

Aug. 5, 2020 8:29 PM EDT

ATLANTA (AP) — Georgia Gov. Brian Kemp said Wednesday that he plans to call a special session of the state legislature in order to fix a technical error on a bill that exempts hurricane relief payments from certain taxes. Kemp said in a statement that he signed House Bill 105 despite the problem. The...

Editorial Roundup: South Carolina

Aug. 5, 2020 2:37 PM EDT

Recent editorials from South Carolina newspapers: ___ Aug. 2 The Times and Democrat on the sales tax holiday: South Carolina’s sales tax holiday from Aug. 7-9 takes on a different dynamic amid the coronavirus. The ongoing pandemic has reduced consumer spending and left many businesses struggling. Schools...

President Donald Trump listens during a meeting with U.S. tech workers, before signing an Executive Order on hiring American workers, in the Cabinet Room of the White House, Monday, Aug. 3, 2020, in Washington. A Manhattan prosecutor trying to get President Trump’s tax returns told a judge Monday that he was justified in demanding them, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.” Trump’s lawyers last month said the grand jury subpoena for the tax returns was issued in bad faith and amounted to harassment of the president. (AP Photo/Alex Brandon)

Prosecutor seeking Trump's taxes cites probe of his business

Aug. 3, 2020 7:49 PM EDT

NEW YORK (AP) — A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.” Manhattan District Attorney Cyrus...

New York prosecutor seeking Trump's tax returns cites reports of 'protracted criminal conduct' at the Trump Organization

Aug. 3, 2020 1:15 PM EDT
NEW YORK (AP) — New York prosecutor seeking Trump's tax returns cites reports of 'protracted criminal conduct' at the Trump Organization.

RI issues tax refunds signed by Walt Disney, Mickey Mouse

Jul. 31, 2020 11:41 AM EDT

PROVIDENCE, R.I. (AP) — Rhode Island mistakenly sent more than 175 tax refund checks signed by Walt Disney and Mickey Mouse, rather than the state treasurer and controller. The Rhode Island Division of Taxation uses the signatures on test files, which were mistakenly printed on the real checks and sent...

FILE - Then-Assemblywoman Fiona Ma, D-San Francisco, speaks at a hearing at the Capitol in Sacramento, Calif.,  June 14, 2011. She is now California Treasurer. Democrats who control California's state Legislature on Monday, July 27, 2020, proposed a $100 billion economic stimulus plan that relies on what they are calling

California lawmakers propose $100 billion stimulus plan

Jul. 27, 2020 8:51 PM EDT

SACRAMENTO, Calif. (AP) — Democrats who control California's Legislature on Monday proposed a $100 billion economic stimulus plan that relies on what they are calling “future tax vouchers” along with speeding up other spending during the coronavirus pandemic. The plan would allow state...

Delaware county: 51K people received tax bills in error

Jul. 25, 2020 4:48 PM EDT

WILMINGTON, Del. (AP) — Nearly 51,000 people in Delaware's largest county mistakenly received property tax bills, the county announced on Saturday. New Castle County said the tax bills were sent in error by a vendor to people who pay their property taxes using escrow through their mortgage lender, The...

Property tax measure hits new roadblock in Nebraska

Jul. 22, 2020 5:48 PM EDT

LINCOLN, Neb. (AP) — Attempts to lower Nebraska's property taxes appeared to stumble yet again Wednesday after some state lawmakers argued that the newest package could hurt local K-12 schools by restricting their ability to tax. Senators debated the bill for about three hours but ended up skipping over it...