Latest Tax refunds News

AP FACT CHECK: Trump team distortions on fuel economy rules

Sep. 19, 2019 8:55 PM EDT

WASHINGTON (AP) — President Donald Trump and his team are distorting the facts in explaining the administration's decision to stop California from setting its own emission standards for cars and trucks. The move announced this week revokes California's authority to set auto mileage standards stricter than...

House backs tax credit to boost methane in manufacturing

Sep. 19, 2019 2:25 PM EDT

HARRISBURG, Pa. (AP) — Legislation to cut taxes for manufacturers who use methane to make fertilizer or petrochemicals is on its way to Pennsylvania's Senate after a positive vote in the state House of Representatives. House members voted 139 to 46 on Thursday in favor of the proposed Energy and Fertilizer...

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...

Border war between Kansas, Missouri isn't quite over yet

Sep. 16, 2019 12:04 PM EDT

KANSAS CITY, Mo. (AP) — There may be a cease-fire, but the economic "border war" involving the use of incentives to lure jobs across the state line in the Kansas City area isn't exactly over. Missouri officials plan to award more than $62 million in incentives to financial firm Waddell & Reed, based in...

Nebraska homeowners to get $104.15 credit per $100K in value

Sep. 12, 2019 11:30 AM EDT

LINCOLN, Neb. (AP) — Nebraska homeowners and farmers will get a slightly bigger tax credit this year to reduce what they would otherwise have to pay on their property tax bills. The Nebraska Department of Revenue announced Thursday that homeowners will get a credit of $104.15 for every $100,000 in taxable...

Editorials from around Pennsylvania

Sep. 11, 2019 5:17 PM EDT

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Require data on tax-credit scholarships The Citizen's Voice Sept. 11 Advocates of Pennsylvania's two backdoor voucher programs, which provide public tax credits for private contributions to private schools, say that they help...

New Alaska oil tax credit group introduces ballot initiative

Sep. 11, 2019 9:18 AM EDT

FAIRBANKS, Alaska (AP) — A new Alaska group hopes to overhaul the state's oil and gas tax credit system through a ballot initiative called the Fair Share Act, a report said. The group hopes to enact the proposal into law in 2020, The Fairbanks Daily News-Miner reported Tuesday. The group submitted the...

New Mexico tries to streamline payment of production rebates

Sep. 5, 2019 9:50 PM EDT

SANTA FE, N.M. (AP) — New Mexico will attempt to streamline the way it verifies in-state spending by film production companies as it prepares to provide as much as $165 million a year in rebates. The Taxation and Revenue Department on Thursday announced the creation of a voluntary certification process for...

Tax credit experts suggest NJ reduce business incentives

Sep. 5, 2019 2:48 PM EDT

TRENTON, N.J. (AP) — New Jersey's business tax credits amounted to twice the national average, and officials should consider reducing them, experts on Thursday told lawmakers considering overhauling the state's expired tax credit program. The Democrat-led Senate Select Committee on Economic Growth...

Virginia women's wages can't keep up with child care costs

Aug. 31, 2019 9:01 AM EDT

FREDERICKSBURG, Va. (AP) — Cortnee Smith's monthly salary as a part-time event associate at a Fredericksburg wedding venue is $1,200. The cost of full-time, home-based child care for the Stafford County resident's three children — ages 7, 3 and 2 — is $1,550. After the death of her boyfriend...