Latest State taxes News

President Donald Trump gestures as he steps off Air Force One upon arrival at Minneapolis Saint Paul International Airport, Wednesday, Sept. 30, 2020, in Minneapolis. (AP Photo/Alex Brandon)

Check's in the mail? Trump doling out aid before election

Oct. 1, 2020 7:59 AM EDT

CHICAGO (AP) — It's almost as if he's writing a personal check. In recent days, President Donald Trump has promised millions of Medicare recipients that — thanks to him — they'll soon be getting an “incredible” $200 card in the mail to help them pay for prescriptions. He's...

FILE - In this Nov. 5, 2019 file photo, people shop in a store at the SEMA show, an automotive specialty products convention in Las Vegas. Casino gambling remained slow in Nevada last month, according to a key index of casino activity that showed little improvement from the month before. The Nevada Gaming Control Board said Wednesday, Sept. 30, 2020 that casino house winnings of $743 million statewide were down 22% in August, compared with the same month a year ago when casinos reported winning nearly $954 million in August 2019.  (AP Photo/John Locher, File)

Nevada casino winnings report charts sluggish August

Sep. 30, 2020 4:22 PM EDT

LAS VEGAS (AP) — Casino gambling remained slow in Nevada last month, according to a key index of casino activity that showed little improvement from the month before. The Nevada Gaming Control Board said Wednesday that casino house winnings of $743 million statewide were down 22% in August, compared with...

Tax relief aimed at New Mexico's drought-stricken ranchers

Sep. 30, 2020 12:07 AM EDT

ALBUQUERQUE, N.M. (AP) — Farmers and ranchers in New Mexico are eligible for an additional year to defer tax on any gains from the forced sale of livestock due to continued drought. The Internal Revenue Service says drought-stricken farmers and ranchers in certain regions spanning 46 states are eligible...

Murphy signs $32.7B budget taxing millionaires, businesses

Sep. 29, 2020 5:45 PM EDT

TRENTON, N.J. (AP) — Gov. Phil Murphy on Tuesday signed a $32.7 billion budget for New Jersey that raises taxes on the wealthy and businesses and authorizes $4.5 billion in new debt he says is necessary to keep state finances solvent. The spending plan goes into effect Thursday and will keep state...

Senate President Page Cortez, R-Lafayette, center, gestures as he talks with Commissioner of Administration Jay Dardenne, left, the governor's chief budget adviser, and House Speaker Clay Schexnayder, R-Gonzales, right, on Friday, Sept. 25, 2020, in Baton Rouge, La. The three men, all members of the Revenue Estimating Conference, spoke ahead of the conference's meeting. (AP Photo/Melinda Deslatte)

Louisiana COVID-19 special session opens with power debate

Sep. 29, 2020 4:15 PM EDT

BATON ROUGE, La. (AP) — Only three months removed from their last gathering, Louisiana legislators returned Monday for a special session focused on the coronavirus outbreak, with deepening rifts between Gov. John Bel Edwards and Republican lawmakers over the appropriate response to the pandemic. The...

‘Tiger King’ star Jeff Lowe agrees to pay tax debt in suit

Sep. 29, 2020 4:12 PM EDT

PAULS VALLEY, Okla. (AP) — Netflix's “Tiger King” star Jeff Lowe has agreed to pay up to over $100,000 in delinquent state sales taxes, penalties and interest. In June, the Oklahoma Tax Commission accused Lowe in a lawsuit of failing to turn over taxes collected on sales when he took over the...

Ohio tells GM to repay tax break after it shut down plant

Sep. 28, 2020 3:34 PM EDT

LORDSTOWN, Ohio (AP) — General Motors must repay roughly half of a $60 million tax incentive package because of its broken promise to keep open its assembly plant near Youngstown, a state agency said Monday. The Ohio Tax Credit Authority also said GM must invest $12 million in workforce and education needs...

Murphy signs law exempting combat pay from NJ income tax

Sep. 28, 2020 12:42 PM EDT

TRENTON, N.J. (AP) — New Jersey Democratic Gov. Phil Murphy on Monday signed bipartisan legislation exempting combat pay earned by members of the military from the state income tax. Federal law already exempts combat pay from income tax, but the New Jersey law means pay that residents earn while in combat...

Missouri panel restarts housing tax credit dropped in 2017

Sep. 28, 2020 11:13 AM EDT

KANSAS CITY, Mo. (AP) — A state low-income housing tax credit sought by developers seeking to build affordable housing but often criticized by Missouri officials as inefficient has resumed after a three-year moratorium. The Missouri Housing Development Commission has restarted the program, The Kansas City...

More than $17M raised among groups in Alaska oil tax fight

Sep. 28, 2020 10:00 AM EDT

ANCHORAGE, Alaska (AP) — The amount of donations to a fight over an Alaska oil tax ballot initiative has exceeded $17 million, with the vast majority contributed by big oil companies opposed to a tax increase. OneAlaska, the opposition group to the proposed Fair Share act, reported raising $15.4 million as...