Latest Personal taxes News

Evers vetoes bill increasing eligibility for voucher program

Jun. 18, 2021 16:19 PM EDT

MADISON, Wis. (AP) — Gov. Tony Evers on Friday vetoed a bill that would have opened the door to more children going to private school using a voucher paid for by taxpayers. The bill Evers vetoed would have raised the income eligibility for the voucher program to three...

Wisconsin Republicans insert $3.3 billion tax cut in budget

Jun. 17, 2021 22:28 PM EDT

MADISON, Wis. (AP) — Wisconsin Republicans wrapped up revisions on the 2021-23 state budget Thursday night by leaning on unprecedented revenue projections to build a roughly $3.3 billion tax cut into the spending plan. Lawmakers learned last week the state is projected...

Iowa governor signs tax cut, mental health care funding law

Jun. 16, 2021 14:32 PM EDT

DES MOINES, Iowa (AP) — Iowa. Gov. Kim Reynolds on Wednesday signed into law a tax bill that requires the state to take over funding of mental health services, removing them from local property taxes. The measure also phases out the state inheritance tax by 2025,...

Motion filed to join lawsuit over Kansas City police funding

Jun. 14, 2021 18:58 PM EDT

KANSAS CITY, Mo. (AP) — The president of the Urban League of Greater Kansas City filed a motion Monday that she said was intended to represent taxpayers in a lawsuit over proposals to change how part of the city's police department budget is spent. Gwen Grant said in a...

Louisiana tax deadline extended to Aug. 16 for 5 parishes

Jun. 14, 2021 17:55 PM EDT

BATON ROUGE, La. (AP) — Louisiana state income taxes for 2020 are due Tuesday for most taxpayers around the state, but residents of five parishes struck by severe storms last month are getting an extension. The state revenue department said the filing and payment...

Editorial Roundup: Ohio

Jun. 14, 2021 09:13 AM EDT

Cleveland Plain Dealer. June 12, 2021. Editorial: Why are the Indians withholding their top name-change options? The Cleveland Indians recently announced that they’d narrowed down the list of possible new team names to 1,198. What are those names?...

Louisiana tax swap plans win final passage to reach ballot

Jun. 10, 2021 20:21 PM EDT

BATON ROUGE, La. (AP) — A long-recommended proposal to untie Louisiana's income tax collections from federal tax payments won passage Thursday from lawmakers on the legislative session's last day, sending the concept to voters for a decision on the October ballot. The...

Met Opera says $31M on tax return is mostly pledges

Jun. 10, 2021 17:50 PM EDT

The Metropolitan Opera says a positive $31 million on its latest tax return is mostly money pledged for future seasons that the company has not yet received. The company’s tax return, released Thursday, showed revenue fell by $13 million for the season that included the...

Louisiana lawmakers OK sports betting rules, send to Edwards

Jun. 10, 2021 17:50 PM EDT

BATON ROUGE, La. (AP) — Months after most Louisiana voters agreed to legalize sports betting, lawmakers Thursday gave final passage to rules that will allow wagering through sports book sites, mobile apps and kiosk locations in parishes where voters supported the activity. ...

Leak of billionaires' tax data draws GOP outcry over privacy

Jun. 10, 2021 17:12 PM EDT

WASHINGTON (AP) — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A...