Latest State taxes News

Foxconn says committed to long term Wisconsin job creation

Apr. 18, 2019 3:35 PM EDT

MADISON, Wis. (AP) — Foxconn Technology Group said Thursday it remains committed to "long term" job creation in Wisconsin, after Gov. Tony Evers said it was unrealistic to expect the company to employ 13,000 people as promised. Evers also raised the possibility of renegotiating Foxconn's contract for a...

Commerce official wants businesses to get Trump tax break

Apr. 18, 2019 12:42 PM EDT

PROVIDENCE, R.I. (AP) — Rhode Island's commerce secretary said Thursday he's analyzing new regulations issued by the Trump administration about a program for giving tax breaks for investing in low-income areas to ensure concerns by state economic development officials were considered. The Opportunity Zones...

Missouri House passes bill to waive penalties for taxpayers

Apr. 15, 2019 6:50 PM EDT

JEFFERSON CITY, Mo. (AP) — The Missouri House has passed legislation to give taxpayers a break if they can't pay on time this year. House lawmakers voted 144-1 in favor of the bill on Monday, which is tax day. The legislation would waive fees through the end of the year for individual taxpayers who file on...

Nevada may be forced to reveal marijuana-license criteria

Apr. 14, 2019 4:04 PM EDT

LAS VEGAS (AP) — Nevada faces complaints about secrecy in awarding licenses to sell marijuana in the state's booming legal marketplace, boiling over into lawsuits and legislation that appear poised to pry open the process. Several companies have sued the state tax department, arguing that no one knows for...

GOP states discover a tax hike they have to like: for roads

Apr. 14, 2019 9:58 AM EDT

LANSING, Mich. (AP) — After passing waves of tax cuts in recent years, some lawmakers in several Republican-dominated states have decided it's time to make a big exception and are pushing for tax increases to fix roads that are crumbling from years of neglect. In the past month alone, the Republican...

Graceland boss says he is not threatening to leave Memphis

Apr. 13, 2019 2:06 PM EDT

MEMPHIS, Tenn. (AP) — The head of the company that controls Graceland says he is not threatening to move the Memphis, Tennessee-based tourist attraction centered on the life of singer Elvis Presley, despite comments that had suggested otherwise to many fans. The Memphis City Council is considering a $100...

Panthers coach visits SC capitol as incentives considered

Apr. 11, 2019 2:10 PM EDT

COLUMBIA, S.C. (AP) — South Carolina lawmakers take time to honor their sports heroes almost daily, but Thursday's welcome to the Carolina Panthers carried higher stakes: Some legislators are trying to entice the North Carolina team to move its practice facility and headquarters across state lines....

Missouri House votes to stall fees for late tax payments

Apr. 10, 2019 1:21 PM EDT

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers are considering giving taxpayers a break if they can't pay on time this year, but Democrats say the effort may be too late. The House gave initial approval Wednesday to legislation that would delay interest and penalty fees for taxpayers who owe money when they...

Warren releases 2018 tax return, reveals $900,000 in income

Apr. 10, 2019 10:02 AM EDT

WASHINGTON (AP) — Democratic presidential candidate Elizabeth Warren has released her tax return for 2018, reporting that she and her husband paid more than $200,000 in taxes on a joint income of about $900,000 last year. The move by the senator from Massachusetts on Wednesday follows similar tax return...

Hawaii closer to forcing Airbnb to collect taxes on rentals

Apr. 10, 2019 12:51 AM EDT

HONOLULU (AP) — Hawaii lawmakers eager to gather tax revenue from the state's flourishing, yet mostly unpermitted, vacation rental sector on Tuesday passed legislation that would require websites like Airbnb to collect and pay taxes on behalf of short-term rental hosts. The state House and Senate both...