Latest Personal taxes News

Nebraska senators: More revenue could mean property tax cuts

Oct. 20, 2019 11:14 AM EDT

LINCOLN, Neb. (AP) — Nebraska lawmakers who want to lower property taxes and replenish the state's rainy-day fund could have a slightly easier time accomplishing those goals next year, but many are still worried about the impact of major flooding and the struggling farm economy. Key lawmakers said they're...

Colorado votes on tax regime embraced by conservatives

Oct. 19, 2019 2:55 PM EDT

DENVER (AP) — Democrats who control Colorado's Statehouse are asking voters in November to dismantle part of a state tax regime that for decades has served as a model for fiscal conservatives nationwide. Coloradans will decide if the state can permanently keep tax revenue that otherwise would be refunded...

Ex-sheriff gets probation in tax case

Oct. 17, 2019 2:37 PM EDT

HUNTSVILLE, Ala. (AP) — A former Alabama sheriff will avoid going to prison after pleading guilty to failing to file tax returns. News outlets report a federal magistrate sentenced former Morgan County Sheriff Ana Franklin to two years on probation during a hearing in Huntsville on Thursday. The...

Former IRS employee accused of stealing $5K from taxpayers

Oct. 17, 2019 7:51 AM EDT

KANSAS CITY, Mo. (AP) — A former IRS employee who is accused of stealing more than $5,000 from taxpayers has been arrested. The Kansas City Star reports that the grand jury indictment was unsealed Wednesday after the arrest of 39-year-old Tamara Miller, who was employed as a data transcriber at the IRS in...

Biden: Syria withdrawal proves Trump is a 'complete failure'

Oct. 16, 2019 7:57 PM EDT

DAVENPORT, Iowa (AP) — Seeking to leverage his experience in foreign policy, Democratic presidential candidate Joe Biden on Wednesday ripped Donald Trump's withdrawal of U.S. military forces from Syria as the latest proof that the president is a "complete failure" who is gutting American credibility around...

Editorials from around New York

Oct. 16, 2019 9:16 AM EDT

Recent editorials of statewide and national interest from New York's newspapers: Congress shouldn't be distracted by the impeachment hearings The Post-Journal Oct. 14 Are leaders in Congress unable to walk and chew gum at the same time? That is, are they capable of multitasking on major issues? Some are...

Ex-Phoenix tax preparer fined, on probation for fake returns

Oct. 16, 2019 12:00 AM EDT

PHOENIX (AP) — A former tax preparer in Phoenix has been fined $11,000 and sentenced to three years of probation for preparing false income tax returns. State prosecutors say seven taxpayers were unaware that tax preparer Karen Hernandez had included false information on their returns. The Arizona...

Trump's lawyers ready for Supreme Court in tax record fight

Oct. 15, 2019 7:43 PM EDT

NEW YORK (AP) — President Donald Trump's lawyers said Tuesday they'll immediately go to the Supreme Court if an appeals court in New York agrees that his tax returns can be released to state prosecutors. The lawyers notified the 2nd U.S. Circuit Court of Appeals in Manhattan of the urgency hours before...

Pritzkers report $6M in income, release partial tax returns

Oct. 15, 2019 6:08 PM EDT

SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker and first lady M.K. Pritzker reported $6.2 million in income last year and paid $216,000 in Illinois taxes. The Democratic governor and his wife released partial federal and state income tax returns Tuesday. The hotel chain heir and philanthropist is worth $3.4...

Last of special tax refund checks for many Virginians mailed

Oct. 15, 2019 9:38 AM EDT

RICHMOND, Va. (AP) — Officials in Virginia say the state has met its deadline to mail taxpayers a special refund check. The Richmond Times-Dispatch reports the Virginia Department of the Treasury mailed the last of nearly 2.7 million refund checks Friday. Eligible taxpayers will receive $110 if they filed...