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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
Thousands Of Wealthier Ohioans Are Using A Tax Break Meant For Low Income Wage Earners
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… Read More
Companies Sue WV Gov.’s Family Companies Over Debts But Find Bank Accounts Empty
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…. Read More
Ohio Officials: Most Taxpayers Taking New Quiz Are Passing
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… Read More
Ohio Gov. Kasich Pushes Tax Plan In State Of State Address
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… Read More