You are viewing the "taxes" Archives
School leaders say a bill to change the property tax appeal process could hurt most Ohio taxpayers
By: Jo Ingles | Statehouse News Bureau
Posted on:
COLUMBUS, Ohio (Statehouse News Bureau) — State lawmakers have sent to Gov. Mike DeWine (R-Ohio) a bill that would limit the role of school districts and cities in the property… Read More
Back to the drawing board for a bill to reform the property tax challenge process in Ohio
By: Jo Ingles | Statehouse News Bureau
Posted on:
COLUMBUS, Ohio (Statehouse News Bureau) — It’s not often you get unanimous agreement from all of the members of the Ohio House. But that’s exactly what happened Wednesday when the… Read More
The expanded child tax credit briefly slashed child poverty. Here’s what else it did
By: Cory Turner | NPR
Posted on:
WASHINGTON, D.C. (NPR) — Blink and you could have missed it. For six months, the United States experimented with an idea that’s new here but is already a backstitch in… Read More
DeWine wants lawmakers to put the brakes on proposal to halt added gas tax
By: Associated Press
Posted on:
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
By: Jo Ingles | Statehouse News Bureau
Posted on:
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
By: Scott Horsley | NPR
Posted on:
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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Alana Wise | NPR
Posted on:
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
By: Brian Naylor | Suzanne Nuyen | NPR
Posted on:
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
By: Jo Ingles | Statehouse News Bureau
Posted on:
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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Merrit Kennedy | NPR
Posted on:
“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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Associated Press
Posted on:
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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Brian Naylor | NPR
Posted on:
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
By: Associated Press
Posted on:
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
By: Jo Ingles | Statehouse News Bureau
Posted on:
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
By: Associated Press
Posted on:
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
By: Associated Press
Posted on:
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
By: Andy Chow | Statehouse News Bureau
Posted on:
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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Laurel Wamsley | NPR
Posted on:
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
By: Karen Kasler | Statehouse News Bureau
Posted on:
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
By: Associated Press
Posted on:
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