PHOENIX (AP) — A massive Arizona income tax cut that mainly benefits the wealthy championed by GOP Gov. Doug Ducey and enacted by Republicans who control the state Legislature in 2021 will go into full effect ahead of schedule next year, Ducey's office announced Thursday.
NEW YORK (AP) — The Free Application for Federal Student Aid filing season starts Oct. 1 for the 2023-2024 school year. If you plan to attend college next year, experts say you might want to fill out the FAFSA application as close to the opening date as possible.
NEW CARROLLTON, Md. (AP) — Treasury Secretary Janet Yellen laid out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges at an IRS office in New Carrollton, Maryland, on Thursday.
SPRINGFIELD, Ill. (AP) — Democrats who run state government celebrated while announcing that tax-rebate checks — totaling more than $1.2 billion — on Monday began heading to 6 million taxpayers.
ARLINGTON HEIGHTS, Ill. (AP) — The Chicago Bears say they will need taxpayer assistance if they are going to construct an enclosed suburban stadium that could host Super Bowls, Final Fours and College Football Playoff games and anchor a surrounding entertainment and residential complex.
Republican gubernatorial candidate Bob Stefanowski has released three years of federal tax returns showing he and his wife earned a total of $36.8 million during that time period, but he stopped short of providing details about who he earned much of that money from while working as a business consultant.
BOISE, Idaho (AP) — Idaho Gov. Brad Little late Thursday signed a massive tax cut and education spending bill made possible by the state’s projected $2 billion budget surplus.
The Republican governor signed the bill after it made a speedy trip through the Legislature in a one-day special session, passing the House 55-15 and the Senate 34-1.
WASHINGTON (AP) — A House committee seeking financial records from former President Donald Trump has reached an agreement that ends litigation on the matter and requires an accounting firm to turn over some of the material, the panel's leader announced Thursday.
JEFFERSON CITY, Mo. (AP) — Stoked by the largest surplus in state history, Missouri's Republican-led Legislature devised a $500 million plan to send one-time tax refunds to millions of households. In a shock to some, GOP Gov.
RALEIGH, N.C. (AP) — North Carolina's influential state chapter of the NAACP has lost its federal tax-exempt status for failing to file tax returns for three years, according to the federal government.
BOISE, Idaho (AP) — Idaho Gov. Brad Little on Tuesday called a special session of the Legislature starting next week aimed at using part of the state’s projected $2 billion budget surplus for a record $500 million income tax rebate this year to help residents cope with increased food and gas prices due to inflation.
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson on Monday called on lawmakers to return to work Sept. 6 for a special legislative session to cut income taxes.
The Republican told reporters gathered in his Capitol office that he wants lawmakers to cut the top income tax rate from 5.3% to 4.8% and increase the standard deduction by $2,000 for single filers and $4,000 for couples.
WASHINGTON (AP) — Now that President Joe Biden signed Democrats' expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring processes.
ATLANTA (AP) — Gov. Brian Kemp said Monday he will spend up to $1.2 billion in federal COVID-19 aid on payments of $350 apiece to more than 3 million Georgians who benefit from Medicaid, subsidized child health insurance, food stamps or cash welfare assistance.
WASHINGTON (AP) — The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S.
ATLANTA (AP) — Georgia GOP Gov. Brian Kemp unfurled the first major policy proposals of his reelection bid Thursday, pledging to spend $2 billion on another state income tax rebate and revival of a long-dormant state property tax break while contending with Democratic challenger Stacey Abrams over who's best for the state's economy.
INDIANAPOLIS (AP) — About 1.7 million tax rebate checks from Indiana’s big state budget surplus that have been delayed for months will be larger when they finally start hitting mailboxes.
ATLANTA (AP) — Democratic gubernatorial candidate Stacey Abrams argued in a speech Tuesday that it's time for Georgia to use its budget surplus to invest in its residents, accusing Gov.
WASHINGTON (AP) — A federal appeals court sided Tuesday with a House committee seeking access to former President Donald Trump's tax returns, rejecting Trump's contention that Congress was overstepping.
SPRINGFIELD, Ill. (AP) — Inflation means stocking up on pencils, notebooks, crayons and clothes for your kids’ return to school is more expensive this year, so Illinois state leaders on Thursday offered a 10-day sales tax reduction on classroom needs.
INDIANAPOLIS (AP) — Indiana Republican lawmakers remained far from agreement Wednesday on whether to go along with the governor’s proposal to give each taxpayer a $225 rebate from the state’s surging budget surplus.
INDIANAPOLIS (AP) — Indiana senators on Friday approved a measure to direct funding toward programs that help pregnant women, children and people who adopt during a divided special session where lawmakers have been wrangling over a proposal to ban nearly all abortions in the state.
DETROIT (AP) — The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is likely to jump-start sales of electric vehicles.
INDIANAPOLIS (AP) — A proposal from Indiana’s governor to give each taxpayer a $225 rebate from the state’s surging budget surplus would be scuttled if legislators were to adopt a much more modest plan from by state Senate Republicans.
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice called on state lawmakers Wednesday to meet at the Capitol next week to consider a permanent 10% reduction in the state's income tax.
INDIANAPOLIS (AP) — Indiana’s surging tax collections over the past year have pushed state government’s budget surplus up more than 50% to about $6.1 billion as legislators prepare to take up a proposal for a second round of refund payments from that surplus, state officials announced Friday.
ATLANTA (AP) — Democratic candidate for governor Stacey Abrams is calling for another round of payments to Georgia taxpayers, suggesting incumbent Republican Gov. Brian Kemp should use federal COVID-19 relief money to act now.
WASHINGTON (AP) — The IRS commissioner has asked the Treasury Department’s internal watchdog to immediately review the circumstances surrounding intensive tax audits that targeted ex-FBI Director James Comey and former Deputy Director Andrew McCabe, frequent targets of Donald Trump’s ire during his presidency.
COLUMBIA, Mo. (AP) — Missouri's Republican Gov. Mike Parson on Friday vetoed a one-time, limited tax refund and instead called on state lawmakers to pass a widespread income tax cut.
Parson proposed a special legislative session focused on cutting Missouri's individual income tax rate, which is 5.4% for most taxpayers, to around 4.7%.
CHICAGO (AP) — The sales tax on groceries in Illinois will be suspended for a year starting Friday, under the state budget approved in April.
The state’s tax relief program will also postpone a gas tax increase until January, and cut school supply taxes from 6.25% to 1.25% from Aug.
CRANFORD, N.J. (AP) — Touting Democrats' stewardship of the state and warning of a potential downturn in the economy in the coming years, New Jersey Democratic Gov. Phil Murphy signed a record $50.6 billion budget that pours $2 billion into property tax relief, sets a record surplus and lifts overall spending 9% over last year.
SACRAMENTO, Calif. (AP) — California lawmakers on Wednesday approved a nearly $308 billion spending plan that includes money to cover abortions for women who can't afford them and the health care costs for low-income adults living in the country illegally while sending cash payments to most taxpayers to help offset record-high gas prices.
TRENTON, N.J. (AP) — New Jersey lawmakers passed a record $50.6 billion budget Wednesday, sending the spending plan with $2 billion in property tax aid, a new child tax credit, a break on Motor Vehicle Commission fees, marriage license cost waivers and billions in more spending compared with last year to Democratic Gov.
SACRAMENTO, Calif. (AP) — Most California households would get up to $1,050 from the government to help them put the nation's most expensive gasoline in their cars, part of a relief package in the state's record-setting operating budget that lawmakers are scheduled to approve later this week.
SACRAMENTO, Calif. (AP) — Most California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel and other goods under a tentative budget compromise being discussed by legislative leaders and Gov.