Wednesday, April 8, 2020

Property tax deadline looms amid coronavirus fallout

SAN JOSE — The deadline for payment of property taxes is just days away, with different counties in California taking varied approaches for when the taxes are due amid the coronavirus woes.

San Mateo County officials earlier said they had decided to push back the due date until around May 4, which is the tentative day for the end to shelter-in-place restrictions imposed by the state government, as well as local public agencies.

logo
Publisher: The Mercury News
Date: 2020-04-07T18:56:31 00:00
Twitter: @mercnews
Reference: (Read more) Visit Source



And here's another article:

Will the stimulus money be deducted from your refund next year? | ktvb.com

(Editors Note: The video attached to this article has been updated to remove possibly confusing language about how this would impact your tax refunds for 2020.)

Viewer Lynn-Dee Horowitz sent VERIFY a question recently about the coronavirus stimulus payments that most Americans will be getting soon.

She asked, "is the stimulus check an advance for taxes 2020?" 

* * *

Are the stimulus payments an advance of credit for 2020 taxes? And do you have to pay taxes on them? 

Publisher: ktvb.com
Date: 4/7/2020 9:07:27 PM
Twitter: @KTVB
Reference: (Read more) Visit Source



Crowley calls for freeze in real estate taxes due to COVID-19 pandemic - QNS.com

With the special election for Queens borough president rescheduled for June 23, and early voting set to begin June 13, one candidate has called for New York City to enact a first-ever freeze in real estate taxes this year due to the COVID-19 crisis.

Former Councilwoman Elizabeth Crowley is urging Mayor Bill de Blasio to stop increases in all Class 1 and 2 property taxes, including residential, co-op, condo and commercial real estate, and for landlords to transfer these savings to their tenants.

Publisher: QNS.com
Reference: (Read more) Visit Source



Hamden mayor's proposed budget raises taxes, pays fully into pension - New Haven Register

HAMDEN — Residents could face a 2 percent tax rate increase based on the mayor’s proposed budget for next year.

Mayor Curt B. Leng presented his budget recommendations to the Legislative Council via a Zoom meeting Monday night, proposing a 0.98-mill tax rate increase to fully fund essential services during the coronavirus pandemic and the largest pension contribution to date.

“An increase seems particularly harsh when so many people find themselves in uncertain times economically with less income and are scared, but it’s the only tool we have and given that we have to be careful of it,” Leng said.

Publisher: New Haven Register
Date: 2020-04-07T22:00:00Z
Author: By Clare Dignan
Twitter: @nhregister
Reference: (Read more) Visit Source



Were you following this:

Tax deadline extended; those who can file now encouraged to do so | WCTI
Publisher: WCTI
Date: 2020-04-07T20:06:31 00:00
Author: Tyler Hardin and Sydney Basden
Twitter: @wcti12
Reference: (Read more) Visit Source



Breaking down what stimulus checks mean for Idahoans and their taxes | ktvb.com

BOISE, Idaho — In March, Congress passed the Cares Act , which allows most Americans to receive stimulus checks as a way to provide financial support during the economic shutdown resulting from the coronavirus pandemic .

Since the passage of the stimulus package, there have been a lot of questions and confusion about the payments.

KTVB spoke with multiple tax experts, as well as the Idaho State Tax Commission and members of Idaho's congressional delegation to answer some commonly asked questions about stimulus payments. 

Publisher: ktvb.com
Date: 4/8/2020 4:16:21 AM
Twitter: @KTVB
Reference: (Read more) Visit Source



AARP volunteers looking to help people file taxes despite coronavirus roadblocks

But the coronavirus outbreak offers a new reason to be nervous and is limiting Hickman's ability to simply do his job.

* * *

He is trying to find a way around it. He's working on a drive-thru service, requiring people bring just their documents, a 13614-C form, and an I.D. That form can be found at IRS.gov

"It's a prompter to the taxpayer to get the right data they need for us doing their taxes. If they would do that, put all their documents together ahead of time, they could bring them by," Hickman said.

Date: 9CD4A96D8A076527F07FD24CFCDE5489
Author: Caitlin Sinett
Reference: (Read more) Visit Source



Virginia Beach City Council votes to suspend meal taxes to reduce takeout bills during

Starting in May, anyone ordering takeout from a Virginia Beach restaurant will see a 5.5% decrease on the bill.

During its second virtual meeting since the coronavirus pandemic began, the Virginia Beach City Council voted 9-2 on Tuesday evening to suspend the meals tax for May and June in an effort to encourage more people to support local businesses.

"We want to send a clear message that we value our restaurant industry, and we know they are going through the toughest of times right now," Mayor Bobby Dyer said. "We wanted to do something to show our city is behind them."

Publisher: pilotonline.com
Date: 5BD4D8882CFBE697785FCAC5BBA5F612
Author: Alissa Skelton
Reference: (Read more) Visit Source



Happening on Twitter

No comments:

Post a Comment