TheRepublic.com - Personal taxes News

NY man admits to filing tax returns for dead

Wed, 22 May 2013 05:56:40 -0400

BUFFALO, New York - A western New York man has pleaded guilty to filing more than 100 tax returns under the names of people who had recently died.

Apple case seen as possible spur to tax action

Wed, 22 May 2013 00:15:07 -0400

WASHINGTON - Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.

Governor signs oil tax, budget bills, vetoes $2.5M

Tue, 21 May 2013 20:40:17 -0400

JUNEAU, Alaska - Gov. Sean Parnell on Tuesday signed into law an overhaul of Alaska's oil tax structure, hailing it as part of an historic legislative package aimed at moving the state forward.

Minn. to help pay Mpls. downtown library debt

Tue, 21 May 2013 19:02:53 -0400

MINNEAPOLIS - The state of Minnesota will give Minneapolis about $33 million over several years to help pay off debt on the downtown library.

SC House committee crafting cybersecurity bill

Tue, 21 May 2013 19:02:05 -0400

COLUMBIA, South Carolina - A House committee's proposal for better securing South Carolina taxpayers' personal data would create a new computer technology agency that reports to the governor.

Minn. lawmakers wrap up historic session

Tue, 21 May 2013 10:22:38 -0400

ST. PAUL, Minnesota - Minnesota lawmakers worked right up to the end Monday before adjourning a session that produced $2.1 billion in tax hikes and a historic vote on gay marriage.

NY residents voting on school budgets

Tue, 21 May 2013 02:58:06 -0400

BUFFALO, New York - New York school districts are proposing an average tax levy increase of 2.8 percent in budgets being voted on, with all but a relative few staying within taxing limits set by the state to virtually assure passage.

Excerpts from recent Minnesota editorials

Mon, 20 May 2013 17:09:33 -0400

Duluth News Tribune, May 20

Court rules for Fannie, Freddie in Oakland lawsuit

Mon, 20 May 2013 16:35:25 -0400

DETROIT - A federal appeals court overturned a lower court ruling and threw out tax claims by Oakland County against the federally charted mortgage giants Fannie Mae and Freddie Mac.

Minn. bill scooping up $2.1B in new taxes advances

Mon, 20 May 2013 02:55:03 -0400

ST. PAUL, Minnesota - For the first time in five years, state taxes in Minnesota are headed up. But only on certain people and entities.

Mich. disabled vets could see property tax relief

Sun, 19 May 2013 08:42:42 -0400

LANSING, Michigan - Some disabled veterans living in Michigan could get some relief next tax season under legislation being debated in the state Senate.

Minn. tax bill includes cap on property tax hikes

Sun, 19 May 2013 01:08:04 -0400

ST. PAUL, Minnesota - Many Minnesota cities and counties will see a big bump in their state aid, and for that they're being required to tamp down property taxes.

Time waning for Okla. lawmakers to tackle credits

Sat, 18 May 2013 15:08:24 -0400

OKLAHOMA CITY - Despite calls by several Oklahoma legislators to address hundreds of millions of dollars in state tax credits and exemptions for businesses and industries, little has been done as another session approaches its end.

NJ uses 2006 values for property tax credits

Fri, 17 May 2013 10:28:07 -0400

TRENTON, New Jersey - Some New Jersey Democratic lawmakers are complaining that New Jersey calculates property tax relief rebates based on homeowners' 2006 bills rather than current ones.

Tea party tax returns show activism on a budget

Fri, 17 May 2013 03:51:45 -0400

WASHINGTON - Dozens of tea party groups and other conservative organizations of the kind subjected to improper scrutiny by the Internal Revenue Service operated with small budgets and rarely displayed overt partisan activities, according to an Associated Press review of public tax filings by 93 such activist groups. A few groups built million-dollar operations and political ties that could have been legitimate grounds for IRS investigation, tax law experts said.

APNewsBreak: Fla. gov. rejects Amazon deal

Thu, 16 May 2013 11:46:30 -0400

TALLAHASSEE, Florida - Florida Gov. Rick Scott, who has made job creation his top priority since coming into office, has rejected a proposed deal to bring major Internet retailer Amazon to the state.

State agency warns Ark. taxpayers of email scam

Thu, 16 May 2013 05:09:55 -0400

LITTLE ROCK, Arkansas - The Arkansas Department of Finance and Administration is warning state taxpayers of an email scam that seeks personal information.

Tax returns show increasing stability at USOC

Wed, 15 May 2013 18:12:03 -0400

The U.S. Olympic Committee had revenues of $338 million in 2012 and did not have to pay any of its former executives, further signs of the organization's increased stability.

NJ property tax bills rising, but more slowly

Wed, 15 May 2013 14:18:05 -0400

TRENTON, New Jersey - New data released by the state shows New Jersey's property tax rates have been rising more slowly since Chris Christie became governor.

NC Senate bill requires penalties for late returns

Tue, 14 May 2013 18:28:45 -0400

RALEIGH, North Carolina - Some North Carolina legislators want to make sure people pay a penalty when they file income taxes late, even when they're supposed to get a refund.

Kan. governor: Private GOP tax talks 'going well'

Mon, 13 May 2013 18:40:40 -0400

TOPEKA, Kansas - Private negotiations with top legislative Republicans about tax issues are "going well," Gov. Sam Brownback said Monday, but he wouldn't predict when party leaders might agree on a plan to cut income taxes further.

Deadline to file La. taxes in Wednesday

Mon, 13 May 2013 12:07:42 -0400

BATON ROUGE, Louisiana - The deadline for filing 2012 Louisiana individual income tax returns is Wednesday.

Washoe school tax bill up for hearing

Mon, 13 May 2013 06:14:04 -0400

CARSON CITY, Nevada - A bill to raise the sales and property tax rates in Washoe County to fund capital improvements at aging schools is up for a crucial hearing.

Maine panel airs bipartisan tax overhaul bill

Fri, 10 May 2013 15:45:00 -0400

AUGUSTA, Maine - As a legislative committee heard testimony Friday on a bill calling for a historic overhaul of Maine's tax code, there was near-universal agreement on one point: appreciation for the efforts of the bipartisan "Gang of 11."

Ind. governor signs $30B state budget into law

Wed, 08 May 2013 20:13:22 -0400

INDIANAPOLIS - Gov. Mike Pence signed Indiana's new two-year, $30 billion budget into law Wednesday, praising its tax relief measures and other provisions as incentives that would lure new investment and jobs to the state.