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W.Va. Senate OKs Dropping Tax on Social Security Benefits
By: Associated Press
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CHARLESTON, W.Va. (AP) – A bill to eliminate West Virginia personal income taxes on Social Security retirement benefits has been passed by the state Senate. The Republican-led Senate voted 33-0 Thursday to approve the bill. The bill now returns to the House, which must concur on Senate changes to phase in the elimination over three… Read More
West Virginia Tax Collections Fall Below Estimates
By: Associated Press
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CHARLESTON, W.Va. (AP) – West Virginia revenue collections have failed to surpass tax estimates for the first time in 10 months. Gov. Jim Justice said Tuesday collections in January were $3 million below estimates, blamed on weaker-than-anticipated monthly personal income tax collections. Overall collections through the first seven months of the fiscal year are $40.9… Read More
Despite 70,000 Furloughed IRS Workers, White House Vows Refunds Will Be Issued
By: Brian Naylor | NPR
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The tax collecting agency is one of those affected by the partial government shutdown, but the White House says it will issue refunds, reversing previous government policy.
High Court Seems To Lean Against West Virginia In Tax Case
By: Associated Press
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WASHINGTON (AP) – The Supreme Court seems inclined to rule against the state of West Virginia and side with a retired U.S. marshal seeking a tax refund from the state. James Dawson says West Virginia unlawfully discriminated against him by excluding him from preferential tax treatment given to most retired state law enforcement officers. Both… Read More
Thousands Of Wealthier Ohioans Are Using A Tax Break Meant For Low Income Wage Earners
By: Jo Ingles | Statehouse News Bureau
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A new study shows tens of thousands of upper income Ohioans are taking advantage of tax breaks meant for poorer residents. Wendy Patton with the progressive group Policy Matters says Ohioans who have LLC’s or pass through accounts for small businesses can earn up to $250,000 tax free. And that’s allowing them to qualify for… Read More
Companies Sue WV Gov.’s Family Companies Over Debts But Find Bank Accounts Empty
By: Brittany Patterson | Ohio Valley ReSource
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The Justice family companies’ difficulties paying taxes over the years are well documented. But tax collectors haven’t been the only ones trying to recover debts from companies once operated by West Virginia Gov. Jim Justice and now in control of his family. A review of court documents by the Ohio Valley ReSource found at least five cases in… Read More
Ohio Officials: Most Taxpayers Taking New Quiz Are Passing
By: Associated Press
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Ohio officials say nearly 1 million taxpayers have taken a new quiz used by the state to catch phony income-tax returns and most have passed it. The quiz initially puzzled some residents. The state’s Department of Taxation tweaked some questions as it sought to cut down on those that people couldn’t respond to because they… Read More
Ohio Gov. Kasich Pushes Tax Plan In State Of State Address
By: Associated Press
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Gov. John Kasich says cutting taxes is crucial to helping to lure and retain businesses and keep people from leaving Ohio. The Republican governor discussed his proposed tax changes during his annual State of the State speech held this year in Wilmington. Kasich’s $72.3 billion two-year budget seeks to cut the state income-tax rate by… Read More