Latest Personal taxes News

FILE - In this Feb. 4, 2019, file photo, assembly members gather before the Nevada State Assembly in Carson City, Nev. Nevada Democrats promised Tuesday, Sept. 22, 2020, to appeal a state judge's ruling in a lawsuit by Republicans on a question crucial to the beleaguered state budget, whether lawmakers in 2019 improperly approved two funding measures without a constitutionally required two-thirds majority vote. (AP Photo/Ryan Tarinelli, File)

Nevada Democrats to appeal ruling in $100M taxation case

Sep. 22, 2020 7:21 PM EDT

CARSON CITY, Nev. (AP) — Nevada Democrats promised Tuesday to appeal a judge’s ruling that lawmakers in 2019 improperly approved two funding measures without a constitutionally required two-thirds majority vote — a case that is crucial to the beleaguered state budget. Republicans called the...

Editorial Roundup: Ohio

Sep. 22, 2020 3:58 PM EDT

Recent editorials of statewide and national interest from Ohio newspapers: Rootstown’s school leaders failed to stand up to racism Akron Beacon Journal Sept. 20 America’s summer of cultural awakening about persistent racism in our country clearly didn’t resonate in Rootstown’s school...

DA seeking Trump's taxes cites 'mountain' of allegations

Sep. 21, 2020 7:56 PM EDT

NEW YORK (AP) — The Manhattan district attorney's office told a federal appeals court Monday that its quest to gain access to President Donald Trump’s tax returns is supported by “a mountainous record" of public allegations of misconduct. The president and Manhattan District Attorney Cyrus...

Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing, Tuesday, Sept. 1, 2020, on Capitol Hill in Washington. (Graeme Jennings/Pool via AP)

Watchdog: Millions in danger of missing virus relief payouts

Sep. 21, 2020 4:34 PM EDT

WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records, a government watchdog said in a report issued Monday. The Government Accountability Office, Congress’ auditing arm, said that possibly...

Utah state lawmaker may pay fine for ATV protest ride

Sep. 18, 2020 8:16 PM EDT

SALT LAKE CITY (AP) — A state representative who was found guilty several years ago of leading an illegal ATV protest ride through a southern Utah canyon has been given one month to pay in full the $96,000 in restitution he owes. The arrangement was made after an attorney for Utah state Rep. Phil Lyman...

FILE - In this Sept. 14, 2020, file photo, California Gov. Gavin Newsom visits the Camelot Equestrian Park in Oroville, Calif. On Friday, Sept. 18, 2020, Gov. Newsom signed a law that makes more immigrants eligible for a tax credit. In June, California expanded the tax credit to immigrants who have jobs and pay taxes but don't have Social Security numbers. The law Newsom signed on Friday eliminates the requirement that immigrants must have children under the age of 6 to be eligible for the credit. (Carin Dorghalli/Bay Area News Group via AP, File)

New California law expands tax credit for immigrants

Sep. 18, 2020 6:40 PM EDT

SACRAMENTO, Calif. (AP) — California will give tax breaks to more immigrants — including those living in the country illegally — under a new law that Gov. Gavin Newsom signed Friday. The earned income tax credit gives cash back to people who have jobs but make so little that they often don't...

FILE- In this Aug. 25, 2020 file photo, New Jersey Gov. Phil Murphy speaks during his 2021 budget address at SHI Stadium at Rutgers University in Piscataway, NJ.  Murphy says he and fellow Democratic legislative leaders have agreed to raise income taxes on millionaires, Thursday, Sept. 17,  while also giving about 800,000 families a $500 tax rebate.. (AP Photo/Noah K. Murray, File)

Murphy, lawmakers agree to tax rich, offer $500 rebates

Sep. 17, 2020 12:07 PM EDT

TRENTON, N.J. (AP) — New Jersey residents earning more than $1 million a year will face higher income taxes, and about 800,000 lower- and middle-income families will get a tax rebate of up to $500 under a deal Gov. Phil Murphy and legislative leaders announced Thursday. Murphy, a Democrat, announced the...

FILE - In this June 2, 2019, file photo, former Illinois Sen. Terry Link, D-Vernon Hills, is seen at the Illinois State Capitol in Springfield, Ill. Link pleaded guilty Wednesday, Sept, 16, 2020 to tax evasion in federal court. The Democrat, who resigned last week, had been in office since 1997. He's the latest state legislator to be charged in the federal government's ongoing criminal investigations into public corruption. (Justin L. Fowler/The State Journal-Register via AP File)

Ex-Illinois lawmaker pleads guilty to federal tax charge

Sep. 16, 2020 4:21 PM EDT

CHICAGO (AP) — Former longtime Illinois state Sen. Terry Link pleaded guilty Wednesday to a federal tax charge. The Democrat, who resigned last week, had been in office since 1997. He’s the latest state legislator to be charged in the federal government’s ongoing criminal investigations into...

FILE - In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. The former senator and vice president backs an active federal government that he says should support but not constrict private enterprise, and he believes the highest federal tax burden should fall on the wealthiest. (AP Photo/Andrew Harnik, File)

AP EXPLAINS: Biden's sizable but not radical tax plans

Sep. 13, 2020 3:28 PM EDT

ATLANTA (AP) — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American business and household into bankruptcy. Some progressives say Biden is a corporate crony who will never address systemic...

Illinois legislator hit with federal tax charge resigns

Sep. 11, 2020 9:12 PM EDT

CHICAGO (AP) — Illinois state Sen. Terry Link, who was hit last month with federal charge of filing a false income tax return for 2016, announced his resignation Friday after 24 years in the Legislature. Link’s resignation, which goes into effect Saturday, garnered a brief reaction from Illinois...