Latest State taxes News
California restaurants say 30% to close without state aid
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...
Coronavirus deals one-two financial punch to state budgets
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 statewide stay-at-home order
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
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...
Brown says state may have trouble providing 'basic services'
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...
Q&A: What does 90-day tax delay mean for filers?
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...
Fed ramps up lending, bond buying to calm financial markets
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...
Governors raise alarm as coronavirus taxes health systems
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...
Coronavirus layoffs spark surge in state jobless claims
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...
WA coronavirus deaths up to 67, Inslee issues eviction ban
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...
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