Latest Property taxes News

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...

Records show former US Rep. Scott Taylor late on taxes again

Jul. 13, 2019 4:10 PM EDT

NORFOLK, Va. (AP) — Records show former Republican U.S. Rep. Scott Taylor has accumulated overdue property tax bills in Virginia for at least the second time. The Virginian-Pilot reports Taylor owes the city of Norfolk $1,097 on two properties he owns. A law firm that handled recent closings on the...

The Latest: 2nd night of Democratic debates draws to close

Jun. 27, 2019 11:20 PM EDT

MIAMI (AP) — The Latest on the second Democratic presidential debate (all times local): 11:15 p.m. Ten Democratic presidential candidates drew the second night of debates to a close with calls for a new generation of elected leadership, pledges to protect reproductive rights and promises to move beyond the...

W.Va. governor's companies faced with tax issues in 2 states

Jun. 13, 2019 8:08 PM EDT

BEAVER, W.Va. (AP) — A real estate company owned by West Virginia Gov. Jim Justice's family has avoided a tax sale in Virginia by paying more than $400,000, while a county attorney in Kentucky says he's planning to sue the family's coal company for unpaid taxes. Floyd County Attorney Keith Bartley filed a...

Lawmakers to vote on $7.98 billion budget in coming days

Jun. 12, 2019 6:40 PM EDT

AUGUSTA, Maine (AP) — Maine's appropriations committee has voted out a two-year budget deal with a sticker price slightly below the governor's original $8 billion proposal. The Legislature's Appropriations and Financial Affairs Committee voted 11-1-1 Wednesday on a $7.98 billion budget. The budget now...

West Va. governor agrees to pay delinquent Kentucky taxes

Jun. 10, 2019 6:19 PM EDT

HINDMAN, Ky. (AP) — Coal companies tied to West Virginia Gov. Jim Justice are promising to pay huge property tax debts owed to some eastern Kentucky counties. Knott, Pike, Harlan and Magoffin counties received checks last week totaling nearly $1.2 million from Justice companies. The Justice organization...

Construction delayed on Southern California-Las Vegas train

May. 31, 2019 3:42 PM EDT

LAS VEGAS (AP) — Construction on a high-speed train line between Southern California and Las Vegas will likely be delayed two years after the project failed to secure tax abatements in Nevada, officials said. Virgin Trains USA had planned to start next year building the $4 billion dual tracks running 185...

5 reasons to keep renting

May. 30, 2019 10:33 AM EDT

You have a stable job and a solid nest egg. Time to buy a home, right? Not necessarily. Although homeownership can offer financial benefits like equity, appreciation and tax deductions, there may still be good reasons to keep renting even when you can afford to buy, including more mobility and financial...

Mexico auctions seized vehicles outside presidential mansion

May. 27, 2019 12:09 AM EDT

MEXICO CITY (AP) — Seventeen black, bulletproof Chevrolet Suburbans stretched in a neat, polished row outside the onetime official residence of Mexico's presidents. Nearby stood a 2007 Lamborghini Murcielago and a 2016 Ford Shelby pickup truck with a video camera embedded in the front grill and a hand-held...

Texas lawmakers OK school finance bill, property tax reform

May. 25, 2019 11:38 PM EDT

AUSTIN, Texas (AP) — The Republican-led Legislature approved a sweeping bipartisan school finance bill that brings an extra $4.5 billion into Texas classrooms and pours $1.6 billion toward teacher raises_marking lawmakers' latest attempt to overhaul how the state pays for its troubled public school system....