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More than 1 million tax returns (1/3) filed so far this tax season | Free | apg-wi.com
MADISON– Wisconsin's tax season entered its fourth week this week, and so far, just over 1 million tax filers have submitted returns out of an expected 3 million.
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The Wisconsin Department of Revenue (DOR) expects filing activity will be brisk the last few weeks of the season and encourages people to file now. This year's individual income tax filing deadline is Wednesday, April 15.
> The filers are more likely to get a refund faster, if they have one coming. If you they taxes, they may still file now and wait until April 15 to pay.
Statehouse Beat: After failure of inventory tax repeal, time to look at bigger tax picture | Phil
$1 billion-plus Uinta Basin oil train could hinge on tax break - The Salt Lake Tribune
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The following was written and reported by The Utah Investigative Journalism Project in partnership with The Salt Lake Tribune.
Last June, Utah's Permanent Community Impact Board (CIB) doled out $21 million from the state's share of federal mining royalties toward a rail line proposed to connect the oil of the Uinta Basin to national markets.
The project is controversial for a number of reasons: its estimated $1.2 billion price tag; that it would primarily benefit one industry; and because the Utah Attorney General's Office has questioned the legality of its public funding source.
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Michigan group starts ballot drive for graduated income tax
LANSING, MI (AP) - A ballot drive launched Friday calls for replacing Michigan's flat personal income tax with a graduated system, which supporters said would cut taxes for more than 90% of residents and raise them on higher earners.
The proposed constitutional amendment would require the Republican-led Legislature and Democratic Gov. Gretchen Whitmer to enact a "fair" individual income tax in 2021, under certain parameters.
4 Ways to Get Out of Paying Taxes in Retirement | Smart Change: Personal Finance | poststar.com
The good news? Some smart planning on your part could help you avoid a huge tax bill in retirement. Here are a few strategies to consider to achieve that goal.
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Roth IRAs and 401(k)s, on the other hand, don't offer an immediate tax break on contributions but allow for tax-free withdrawals. If you keep your retirement savings in a Roth account, that money is yours to access free and clear of the IRS when you're older.
Bonds are often regarded as a suitable investment for seniors. They're not only fairly stable, but they're a good source of predictable income since they pay interest twice a year
Costa Mesa City Council will consider lowering tax for marijuana companies - Los Angeles Times
Costa Mesa will consider lowering a business tax rate for local marijuana companies in response to claims from people in the industry that the 6% rate is too high.
The city initiated the 6% marijuana business tax on gross receipts in 2016 when voters approved Measure X, which allowed for the permitted researching, testing, processing and manufacturing of medical marijuana products in a "green zone" north of South Coast Drive and west of Harbor Boulevard. The city began collecting the tax in 2018.
Reader's View: Cut estate tax to increase state revenue | Duluth News Tribune
Happening on Twitter
Republicans unleashed the world's hottest economy by cutting taxes—not raising them. But Dems don't even try to hi… https://t.co/nskS3LN3s6 SteveScalise (from Jefferson, LA) Sat Feb 29 20:52:22 +0000 2020
"Free" health care sure is expensive... Did you know Canadians pay up to 51% more in taxes, yet out-of-pocket heal… https://t.co/VZ9Zp3avzR Heritage (from Washington, DC) Sat Feb 29 17:06:01 +0000 2020
When you pay your first $Million in taxes you'll realize why it just makes sense to be more frugal and to know that… https://t.co/rmV9kcB56Y illmindPRODUCER (from Brooklyn, NY) Fri Feb 28 15:38:04 +0000 2020
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