Saturday, May 30, 2020

PAISD agrees on Motiva tax refund payments — “Taxes are going to go up,” official says - Port

PAISD agrees on Motiva tax refund payments — "Taxes are going to go up," official says - Port

The Port Arthur Independent School District settled a year-long dispute with Motiva Enterprises LLC over taxable value.

The dispute began in the fall of 2019 when the Jefferson County Appraisal District appraised Motiva's taxable value at roughly $3.5 billion.

Motiva reported the value much lower at $1.5 billion, arguing the company had overpaid taxes previously given for bond debts.

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Publisher: Port Arthur News
Date: 2020-05-30T05:06:45-05:00
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Other things to check out:

Casino taxes could erase losses from mall closure | Local News | heraldcourier.com
Publisher: HeraldCourier.com
Date: 2020-05-29T22:44:00-04:00
Author: DAVID MCGEE BRISTOL HERALD COURIER
Twitter: @heraldcourier
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Sumter County Council might raise taxes for deputy pay | The Sumter Item

Sumter County Council is proposing a tax increase to fund salary raises for the Sumter County Sheriff's Office.

Council has been meeting once a week since May 12 to discuss the fiscal year 2021 budget, and they did so again on Tuesday before …

Council has been meeting once a week since May 12 to discuss the fiscal year 2021 budget, and they did so again on Tuesday before their regular council meeting, which was held virtually.

Currently, the county has a $50,742,592 spending plan proposed with an estimated $50,581,084 in revenue, equaling a current deficit of $161,508 left to balance before the budget is approved. At this point last year, the county had $269,082 left to balance and ended up passing a balanced $51.9 million budget for 2020 last June.

Publisher: The Sumter Item
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TAX VIRUS BRIEFING: Small-Business Bill Gains, No New Money Talk

Expansion of the in-demand but problem-plagued Paycheck Protection Program got a push toward extension in the House this week, with prospects for Senate action along similar lines to follow. A new big U.S. virus aid package is still many weeks off, though. And the European Commission floats the idea of new taxes as a way to pay pandemic debt.

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We've taken down our paywall to give you access to all of our tax and law coronavirus coverage .

Twitter: @tax
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In case you are keeping track:

Remote-Working From a Different State? Beware of a Tax Surprise - WSJ

In March, millions of people had their workplaces scrambled by the coronavirus pandemic and hastily decamped to work remotely. Even with some offices reopening, many hope to prolong the arrangement now that summer is here.

But if you're doing your job in a state different from your usual one, beware: You may need to file returns and perhaps pay taxes there. So check on your 2020 state taxes now to avoid a bad surprise next year.

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Publisher: WSJ
Date: 2020-05-29T09:30:00.000Z
Author: Laura Saunders
Twitter: @WSJ
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Bloomberg - Are you a robot?
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Deadline to pay property taxes extended to June 20 in Suffolk | RiverheadLOCAL
Publisher: RiverheadLOCAL
Date: 2020-05-29T12:28:05 00:00
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