Sunday, July 19, 2020

Taxes still top focus as Nebraska lawmakers resume session

OMAHA, Neb. (AP) — Nebraska lawmakers will return to their legislative session Monday for the first time in almost four months with most of the same challenges they faced back in March, plus new questions about how the coronavirus will squeeze the state budget.

Most lawmakers still want to lower property taxes and pass a new tax incentive program for businesses, although they acknowledge that one won't pass without the other because neither measure has enough backing to advance by itself. Rural lawmakers are pushing for the property tax measure to ease pressure on farmers and ranchers, while the business incentives are mostly of interest to Omaha and Lincoln senators.

Publisher: https://www.1011now.com
Twitter: @1011_news
Reference: (Read more) Visit Source



In case you are keeping track:

RH Line for July 19, 2020: Sales taxes and face masks – Loveland Reporter-Herald

There was an article in the RH Herald the other day about a sales tax for the fire department that's going to be sunsetting in 2022 that they want to make permanent. Now we got a lot of these taxes, not just for the fire department, but for instance last year they were asking for a sales tax increase for the fire department.

I see that the Weld County sheriff is not going to enforce wearing a mask. Well, you know, that's picking and choosing what laws they're going to enforce. They are in the office to enforce all laws. That would be like a citizen saying I'm not going to obey that law. I don't like that the law. The sheriff doesn't like that law. That is his job to enforce the law.

Publisher: Loveland Reporter-Herald
Date: 2020-07-19T11:18:47 00:00
Reference: (Read more) Visit Source



Trump demands payroll tax cut while GOP eyes benefit cuts for unemployed - The Washington Post

"I would consider not signing it if we don't have a payroll tax cut," Trump said in an interview on "Fox News Sunday." Democrats strongly oppose a payroll tax cut, and some Republicans have been cool to it, but Trump said "a lot of Republicans like it."

Trump also said "we do need some kind of immunity" in the bill. Senate Majority Leader Mitch McConnell (R-Ky.) has repeatedly insisted the legislation must include liability protections for businesses, health-care providers, schools and others. Democrats oppose this, too.

Publisher: Washington Post
Date: 2020-07-19T16:02:58.778Z
Twitter: @WashingtonPost
Reference: (Read more) Visit Source



Evanston, Illinois, finds innovative solution to funding reparations: Marijuana sales taxes - ABC

But while Asheville's resolution promises reparations, it does not say when or how they will be paid for.

Another city has gone further down the road to reparations than any other and may be a model for the small but growing number of places considering making amends for past racial injustice, including Seattle; Providence, Rhode Island; and the state of California.

Last November, Evanston, Illinois, not only adopted a resolution for reparations as part of the city budget, it found an inventive source of funds: tax revenue from newly legalized marijuana sales.

Publisher: ABC News
Date: 2020-07-19T16:01:48Z
Author: ABC News
Twitter: @ABC
Reference: (Read more) Visit Source



Not to change the topic here:

Missed the Tax-Filing Deadline? Here's What You Need to Know. | Personal Finance | stltoday.com

Normally, tax refunds are issued within 21 days of receipt of an electronic return. In some cases, you can further expedite your refund by signing up to receive it via direct deposit. A lot of people are having a hard time making ends meet due to the COVID-19 crisis, so if that's the situation you're in, it pays to file your taxes as quickly as possible to get your money.

* * *

If you underpaid your taxes in 2019 and now owe the IRS a lump sum, being late with your tax return could have serious consequences. First, you'll face a failure to file penalty that amount to 5% of your unpaid tax bill for each month or partial month your return is late, up to a total of 25%. What this means is that if you were to file your taxes tomorrow, you'd still face a 5% penalty for being late with your return, but you'd at least minimize the damage by acting quickly.

Publisher: STLtoday.com
Date: 2020-07-19T06:18:00-0500
Author: _____
Twitter: @PostDispatchbiz
Reference: (Read more) Visit Source



Trump taxes subpoena fight can resume quickly after Supreme Court action - CNNPolitics
Publisher: CNN
Date: 2020-07-17T17:58:17Z
Author: Kara Scannell and Dan Berman CNN
Reference: (Read more) Visit Source



Local governments can't keep extra cash in tax foreclosures - News - Ionia Sentinel -

DETROIT — Local governments can't keep surplus cash from the sale of tax-foreclosed properties, the Michigan Supreme Court said Friday in a sweeping decision that could lead to waves of payments to former owners across the state.

State law allowed county treasurers to keep money left over after overdue taxes finally were paid from a property sale. The Supreme Court said the practice is illegal under the Michigan Constitution.

Publisher: Ionia Sentinel - Standard-Ionia, MI
Date: 7E15F9269E2CE66F2A488ABB04B5015E
Author: Ed White
Twitter: @Ioniasentstand
Reference: (Read more) Visit Source



Idaho property tax committee talks transparency during first meeting | Northwest | lmtribune.com

GRANGEVILLE — Kylie Gonsalves pulled into the alley behind the Ace Hardware store and stepped out of her white pickup truck.

Coaches and athletic directors on both sides of the Snake River and the Blue Bridge have more concerns to deal with than just their normal, everyday issues when it comes to the coronavirus pandemic.

The Mark Domino story has never reflected well on the city of Clarkston, the Clarkston Police Department or on City Attorney Todd Richardson.

Publisher: The Lewiston Tribune
Author: William L Spence of the Tribune
Twitter: @lewistontribune
Reference: (Read more) Visit Source



No comments:

Post a Comment

The World's Economic Order Is Breaking Down

...