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DeWine wants lawmakers to put the brakes on proposal to halt added gas tax
COLUMBUS, Ohio (AP) — Ohio Gov. Mike DeWine wants lawmakers to put the brakes on a proposal to halt the collection of the state’s newly increased taxes on gas and… Read More
Ohio Senate passes a bill to change the process for challenging local property tax assessments
COLUMBUS, Ohio (Statehouse News Bureau) — The Ohio Senate has passed a bill that would limit the way local governments contest property values when assessing taxes. Republican Sen. Lou Blessing III (R-Colerain… Read More
Does the IRS really want to spy on your bank account? The latest tax fight, explained
WASHINGTON, D.C. (NPR) — A new fight is brewing over taxes. The Biden administration wants to require banks to provide the Internal Revenue Service with information about how much money… Read More
Sales Taxes Up, Overall Ohio Revenues Are Down – But That Could Flip Next Month
COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s sales tax revenues were up for the last month, but income tax collections were way down. The state’s Office of Budget and Management says overall,… Read More
White House Proposes $1.8 Trillion Plan For Children And Families
The American Families Plan would expand free public education and make child care more affordable. The White House wants to pay for the measure by raising taxes on the country’s richest.
IRS Postpones Tax Filing Deadline To May 17
It will be the second consecutive year the agency has given taxpayers more time to filed their returns because of the coronavirus pandemic.
Study Says Ohio Needs To Reinstate Corporate Income Tax
COLUMBUS, Ohio (Statehouse News Bureau) — Ohio is one of only six states in the country that doesn’t have an income tax on corporate profits. A liberal leaning think tank… Read More
Ohio Tax Collections Up, But So Are Medicaid Caseloads
COLUMBUS, Ohio (Statehouse News Bureau) — After three months of declines, Ohio took in 8 percent more in taxes than the Office of Budget and Management estimated, though much of that… Read More
Tax Deadline Extended to July 15 Over Coronavirus Pandemic
“All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Treasury Secretary Steven Mnuchin said Friday.
Plan to Make it Harder to Hike State Income Tax Could Go to Voters
Among the possible questions voters might face on the ballot this fall is whether they want to make it harder to raise the state income tax, by requiring approval from… Read More
West Virginia Republicans Move Forward on Tax Overhaul
CHARLESTON, W.Va. (AP) – West Virginia Republicans are moving forward on a sweeping tax overhaul that could slash county government budgets, though it appears likely Democrats may derail the plan…. Read More
DeWine, Lawmakers had Smooth First Year, but Disagreed Over Taxes in Budget
In his first year as governor, Mike DeWine seemed to get along well with state lawmakers – including those who’d had a fractured relationship with his predecessor, John Kasich. But there were… Read More
Appeals Court Rules Trump’s Accountants Must Turn Over Tax Records
Lawyers for President Trump say they plan to appeal to the Supreme Court, potentially setting up an election-year decision about disclosing the president’s finances.
Ohio House Votes to Repeal State Sales Tax on Tampons
COLUMBUS, Ohio (AP) – A proposal repealing Ohio’s sales tax on tampons and other feminine hygiene products has cleared the Ohio House. Republican State Rep. Niraj Antani, of Miamisburg, calls… Read More
New Study Shows Changes In Ohio’s Tax Policy Benefits The Wealthiest Even More Than Before
Statehouse Republicans have championed recent tax changes, including the elimination of income taxes for those making less than $21,750 a year. But a new report by a liberal leaning think… Read More
Report: WV Governor’s Companies Owe $2M Virginia Tax Debt
ROANOKE, Va. (AP) – Records show West Virginia Gov. Jim Justice’s companies owe almost $2 million in delinquent taxes in Virginia. WDBJ-TV reports Wednesday that companies owned by the Republican… Read More
Ohio Ditches Sales Tax for Glasses and Contact Lenses
COLUMBUS, Ohio (AP) – Corrective eyeglasses and contact lenses purchased in Ohio are no longer subject to state sales taxes. The Dayton Daily News reports the change went into effect… Read More
Senate Budget Keeps Tax Credits While Cutting Income Taxes
Ohio Senate Republicans made sweeping changes to the House version of the state budget, including larger tax cuts and restored tax breaks. The Senate budget revives the small business income tax deduction on the first $250,000 earned. The… Read More
DeWine Urges Lawmakers To Restore Small Business Tax Deduction To $250,000
Gov. Mike DeWine says he wants lawmakers to erase a change made to a small business tax deduction. It allows many sole proprietorships, partnerships and other small operations to take… Read More
H&R Block, TurboTax Accused Of Obstructing Access To Free Tax Filing
The IRS says it is reviewing concerns about its Free File program after ProPublica reporting found that tax-prep companies made it difficult to find the program.
Business Groups Blast Change In House Budget As Tax Increase
Business groups are blasting the House version of the budget for a change it makes to a controversial tax deduction – the one that allows many small businesses to take… Read More
W.Va. Senate OKs Dropping Tax on Social Security Benefits
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… Read More
West Virginia Tax Collections Fall Below Estimates
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… Read More
Despite 70,000 Furloughed IRS Workers, White House Vows Refunds Will Be Issued
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
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…. Read More