Tax Relief for Senior Citizens in East Hampton Unlocking Savings: NY’s Sliding Scale Senior Tax Break According to The East Hampton Star, East Hampton‘s Assessor’s Office is reminding senior citizen residents, aged 65 and above, about the potential tax breaks they can receive on their primary residence’s property taxes. These breaks could reduce their property … Read more
Governor Gianforte Stresses Relief for Homeowners Task Force Formed to Tackle Rising Property Taxes According to Roundupweb.com, at the first official gathering of the property tax task force, Montana Governor Greg Gianforte emphasized two key objectives: finding a permanent solution to alleviate homeowners’ tax burden and rejecting a statewide sales tax as a means of … Read more
Arizona Stands Up to IRS – Takes Legal Action Against IRS Taxing Family Rebates Potential Financial Impact and Urgency Ahead of Tax Deadline According to Daily Independent, Attorney General Kris Mayes of Arizona stands up to IRS to court to stop the IRS from taxing the family rebates given last year. Mayes of Arizona stands … Read more
In a move to address longstanding racial injustices, California State Senator Steven Bradford, a Democrat, has introduced a bill aimed at diverting surplus funds towards reparations for African-American descendants. The proposed legislation, Senate Bill 1331, seeks to allocate a portion of reserve funds from the state’s General Fund to establish a “Fund for Reparations and … Read more
Veto Fallout Stalemate Over Tax Strategy According to The Kansas City Star, in 2024, Kansas Republicans pushed through their Kansas GOP flat tax rate plan at the start of the legislative session. However, their excitement was dampened when Democratic Governor Laura Kelly quickly vetoed the bill. Despite waiting for the legally allowed time the attempt … Read more
Illinois Governor J.B. Pritzker revealed his proposed $52.7 billion budget for the upcoming fiscal year, emphasizing the necessity of making tough decisions amidst increased spending demands and tighter revenue projections. The budget, presented as Pritzker’s sixth proposal, includes measures aimed at addressing various societal needs while navigating fiscal constraints. To balance the budget, Pritzker suggests … Read more
Arizona Attorney General Kris Mayes is taking legal action to prevent the Internal Revenue Service (IRS) from taxing last year’s family rebates. In response to the IRS’s decision to tax these rebates, Mayes has filed legal papers urging a federal magistrate to intervene. The rebates, totaling up to $750 for eligible families, were distributed as … Read more
The Minnesota Department of Revenue has announced the reissuance of tax rebate checks worth up to $1,300 to eligible residents in the state. These checks, initially distributed last year, were left uncashed and expired. Approximately 128,000 one-time rebate checks are slated to be mailed out by mid-March to qualifying residents. Last year, over 2.1 million … Read more
Tax season in Oregon heralds the debut of a new lifeline for low-income families grappling with the costs of raising young children. Termed the Oregon Kids’ Credit, this tax credit, valued at up to $1,000 per qualifying child, aims to alleviate financial strain for eligible households. Enacted by the Oregon legislature the preceding year, the … Read more
Taxpayers in Maryland are experiencing delays in receiving their refunds as the state rolls out a new online tax-filing portal. The recent launch of the Maryland Tax Connect portal has caused frustration among filers, with some experiencing difficulties in processing their returns and receiving refunds promptly. Larry Zwick, a small business owner in Catonsville, voiced … Read more