Latest State taxes News

California restaurants say 30% to close without state aid

Mar. 27, 2020 9:26 PM EDT

LOS ANGELES (AP) — As many as 30,000 California restaurants could close permanently because of coronavirus restrictions that have shuttered dining rooms and led to widespread layoffs, the industry warned Friday, while urging the state to delay tax payments and planned minimum-wage increases to help the...

FILE - In this Tuesday, March 24, 2020 file photo, Gov. Andrew Cuomo speaks during a news conference against a backdrop of medical supplies at the Jacob Javits Center that will house a temporary hospital in response to the COVID-19 outbreak in New York. Cuomo, a Democrat, ripped the GOP-led Senate's version of the coronavirus package as

Coronavirus deals one-two financial punch to state budgets

Mar. 27, 2020 5:42 PM EDT

The coronavirus is pounding state governments with a financial one-two punch, costing them millions to try to contain the disease just as businesses are shutting down and tax revenue is collapsing. The sharp drop in revenue could jeopardize some states' ability to provide basic services. States ranging from tiny...

Idaho Gov. Brad Little issues a 21-day stay-at-home order to prevent the spread of the coronavirus from the Idaho Military Division headquarters in Boise, Idaho, on Wednesday, March 25, 2020. Idaho has more than 91 confirmed cases of COVID-19, the illness caused by the coronavirus, spread throughout the state. The governor also issued a new

Idaho Gov. Brad Little issues statewide stay-at-home order

Mar. 25, 2020 8:49 PM EDT

BOISE, Idaho (AP) — Idaho Gov. Brad Little on Wednesday issued a statewide stay-at-home order as the coronavirus continues to spread. Little announced the order will remain in effect for 21 days. Idaho has more than 91 confirmed cases of COVID-19 spread throughout the state. The stay-at-home order...

Washington governor signs bill allowing sports betting

Mar. 25, 2020 6:55 PM EDT

SPOKANE, Wash. (AP) — A bill to allow sports gambling in Washington state, but only at tribal casinos, was signed by Gov. Jay Inslee on Wednesday. Inslee said the bill would allow the state and Indian tribes to enter into new gaming compacts to cover sports betting. “”This will allow people...

Police caution tape surrounds a playground in Lake Oswego, Ore., on Tuesday, March 24, 2020, the day after Gov. Kate Brown issued a statewide stay-at-home order that closed many businesses, as well as all playgrounds, basketball courts and sport courts. (AP Photo/Gillian Flaccus)

Brown says state may have trouble providing 'basic services'

Mar. 24, 2020 3:38 PM EDT

PORTLAND, Ore. (AP) — Gov. Kate Brown said Tuesday that she is ‘gravely concerned’ about Oregon's ability to deliver basic services over the next six months to a year because of the economic fallout from statewide closures, massive lay-offs by affected businesses and stay-at-home orders aimed...

FILE - This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form. The Trump administration is working on plans to delay the April 15 federal tax deadline for most individual taxpayers as well as small businesses. Treasury Secretary Steven Mnuchin told Congress on Wednesday, March 11, 2020, that the administration is

Q&A: What does 90-day tax delay mean for filers?

Mar. 22, 2020 6:03 PM EDT

The Trump administration has announced that individuals and businesses will be allowed to delay filing and paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic. Some questions and answers about the delay and its potential impact on the U.S. economy. ___ DO...

FILE - In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the U.S, Federal Reserve System lies embedded in the floor at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve announced late Wednesday, March 18, 2020, that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the coronavirus outbreak. The Fed said it will lend money to banks that purchase financial assets from money market mutual funds, including short-term IOUs known as commercial paper. (AP Photo/Andrew Harnik, File)

Fed ramps up lending, bond buying to calm financial markets

Mar. 20, 2020 7:48 PM EDT

WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak. The New York Federal Reserve Bank said it will offer $1 trillion of overnight loans a day through...

En esta imagen del 17 de marzo de 2020, el gobernador de California Gavin Newsom da un informe sobre la respuesta estatal al coronavirus en la oficina de Servicios de Emergencia de la Gubernatura en Rancho Cordova, California. (AP Foto/Rich Pedroncelli, Pool)

Governors raise alarm as coronavirus taxes health systems

Mar. 19, 2020 10:38 PM EDT

BATON ROUGE, La. (AP) — In a day of dizzying developments, governors across the U.S. sounded a perilous alarm about the rapid spread of the new coronavirus and warned of dire consequences for their health care systems. The governor of California issued a statewide stay-at-home order, Pennsylvania's...

Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits at the Hospitality Training Academy Friday, March 13, 2020, in Los Angeles. Fearing a widespread health crisis, Californians moved broadly Friday to get in front of the spread of the coronavirus, shuttering schools that educate hundreds of thousands of students, urging the faithful to watch religious services online and postponing or scratching just about any event that could attract a big crowd. (AP Photo/Marcio Jose Sanchez)

Coronavirus layoffs spark surge in state jobless claims

Mar. 19, 2020 12:11 PM EDT

JEFFERSON CITY, Mo. (AP) — In Ohio, more than 48,000 people applied for jobless benefits during the first two days of this week. The tally during the same period the prior week: just 1,825. In neighboring Pennsylvania, about 70,000 people sought unemployment aid in a single day — six times the total...

A member of a cleaning crew heads toward a vehicle after working at the Life Care Center, where at least 30 coronavirus deaths have been linked to the facility, Wednesday, March 18, 2020, in Kirkland, Wash. Staff members who worked while sick at multiple long-term care facilities contributed to the spread of COVID-19 among vulnerable elderly in the Seattle area, federal health officials said Wednesday. (AP Photo/Elaine Thompson)

WA coronavirus deaths up to 67, Inslee issues eviction ban

Mar. 18, 2020 8:39 PM EDT

OLYMPIA, Wash. (AP) — Washington state health officials reported 13 new deaths from the coronavirus on Wednesday, bringing the state tally of fatalities to 67 – the highest in the country. Also, Gov. Jay Inslee announced a 30-day statewide moratorium on evictions of residential tenants as the state...