Latest Tax refunds News

IRS chief expects new child payments to start this summer

Apr. 13, 2021 16:16 PM EDT

WASHINGTON (AP) — It's a strain, but the head of the IRS said Tuesday he expects to meet the July 1 deadline in the new pandemic relief law for starting a groundbreaking tax program aimed at reducing child poverty. That means new advance monthly payments of as much as $300 per child could...

Maryland session ends after focus on pandemic aid, policing

Apr. 13, 2021 00:26 AM EDT

ANNAPOLIS, Md. (AP) — Maryland lawmakers have adjourned their legislative session that focused largely on COVID-19 recovery, expansive police reforms and longstanding disparities that have been worsened by the pandemic. Senate President Bill Ferguson said lawmakers...

Senate approves expansion of low-income tax credit

Apr. 11, 2021 20:48 PM EDT

OLYMPIA, Wash. (AP) — The Washington Senate on Sunday approved a bill that would expand a tax credit for low-income workers and families that would start paying out benefits for the first time in 2023. The bill passed the Democratic-led chamber on a bipartisan 47-2 vote...

Senators give initial OK to $9.7B Nebraska budget package

Apr. 08, 2021 20:03 PM EDT

OMAHA, Neb. (AP) — Nebraska lawmakers gave initial approval Thursday to a $9.7 billion state budget that includes more money for property tax credits and college scholarships while setting aside $115 million for a possible state prison to ease overcrowding. Lawmakers...

Biofuels producers, farmers not sold on switch to electric

Apr. 07, 2021 19:56 PM EDT

DES MOINES, Iowa (AP) — The president and auto industry maintain the nation is on the cusp of a gigantic shift to electric vehicles and away from liquid-fueled cars, but biofuels producers and some of their supporters in Congress aren’t buying it. They argue that now is the time to...

Funds for Kansas schools tied to GOP right's 'choice' plan

Apr. 07, 2021 17:56 PM EDT

TOPEKA, Kan. (AP) — Conservative Republican lawmakers on Wednesday tied funding for Kansas' public schools to a proposal that would allow parents of academically struggling students to use state dollars to pay for private schooling. Republican negotiators for the state...

New Mexico signs family tax credit and 99 other bills

Apr. 07, 2021 16:08 PM EDT

SANTA FE, N.M. (AP) — Gov. Michelle Lujan Grisham on Tuesday signed into law a measure that supporters are billing as the most progressive shift in the state’s tax structure in years. It’s one of 100 bills the governor has signed so far this week ahead of a Friday...

Late NY budget could leave state workers awaiting paychecks

Apr. 06, 2021 23:46 PM EDT

ALBANY, N.Y. (AP) — New York will boost spending by billions over the next year in a bid to revitalize the state's hard-hit economy under a late spending plan that failed to pass in time Tuesday to prevent more delayed paychecks for state workers. Gov. Andrew Cuomo has...

Electric van production planned at former Hummer site

Apr. 03, 2021 13:14 PM EDT

MISHAWAKA, Ind. (AP) — An Indiana factory that once produced Hummers will be churning out electric vehicles later this year. Electric Last Mile Solutions plans to make light-duty delivery vehicles in Mishawaka in the third quarter, the South Bend Tribune reported. ...

Biden aims to juice EV sales, but would his plan work?

Apr. 02, 2021 00:06 AM EDT

DETROIT (AP) — Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle. Some buyers would find his offer persuasive. Yet Biden's goal is a...