Current News

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Tax relief: Gov. DeSantis extends property tax payments for victims of Hurricane Ian
Florida Gov. Ron DeSantis — who held a news conference at Doc Ford’s Rum Bar & Grille in Lee County — announced an executive order to extend deadlines for property taxes to people whose homes or businesses have been rendered unusable due to damage caused by Hurricane Ian, News4JAX sister station WKMG Click Orlando reports. Read More.
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New IRS tax brackets and standard deduction could save families hundreds or even thousands of dollars. Now, for the bad news.
'You can't put a tax refund in February 2024 into the gas tank,' one tax lawyer said. In a time of rising costs, the Internal Revenue Service just raised income-tax brackets through new inflation adjustments for next year. Read More.
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Idaho grants tax relief to victims of Hurricane Ian
The Idaho State Tax Commission is extending the deadlines to file and pay taxes for victims of Hurricane Ian. Affected taxpayers will have until February 15, 2023, to file returns and pay taxes that were originally due during the following periods. Read More.
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Historic redevelopers across Minnesota troubled as tax credit ends
A century ago, the granite façade of one particular building in Duluth was the last place most people wanted to see. "We are looking at a pretty imposing kind of edifice of the former jail property," said Jon Commers, as he stood in front of the old St Louis County jail, built in the early 1920s. Read More.
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The Grassroots Corner October 24, 2022
The Grassroots Corner - Week Beginning 10/24/22: “Congratulations Alabama Pledge Signers” Read More.
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6 N.Y.C. Landlords Prosecuted for Overcharging Tenants
State prosecutors on Wednesday charged six property developers and their companies with taking advantage of a lucrative tax break intended to spur housing construction, as part of the Manhattan district attorney’s new focus on fighting misconduct in the real estate industry. Read More.
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What a record 8.7% Social Security cost-of-living adjustment could mean for taxes on benefits
Retirees who rely on Social Security benefits for income will get some relief from record high inflation when an 8.7% cost-of-living adjustment kicks in next year. Read More.
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The Chairman’s Report October 21, 2022
When politicians are asked why they ignore the fact that an income tax punishes production and hard work, they never answer the question. When they are asked if people will work harder if they get to keep more of what they earn, they ignore that question too. Read More.
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Idaho Tax Collections Fall Short, but Budget Surplus Remains
Idaho revenue from tax collections was $50 million below expectations for the first three months of the current fiscal year, but the state still has a $1.5 billion budget surplus, officials said Monday. Read More.
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Judge rejects Maryland’s digital ad tax
Maryland’s first-in-the-nation tax on digital advertising has been struck down by a judge in Anne Arundel County on Monday. Judge Alison Asti ruled from the bench in favor of Comcast et al., in the case against Maryland’s Office of the Comptroller. Read More.
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Social Security's Cost of Living Increase Means Benefits May Run Out Sooner
The biggest increase to Social Security checks since 1981 was good news for retirees. But it also served as a stark reminder that the program is expensive, with cuts to the benefits looming unless it is retooled in coming years. Read More.
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Fixing another liberal tax burden
As part of last year’s reckless stimulus spending bill, congressional Democrats snuck in a last-minute paperwork nightmare for taxpayers in West Virginia and nationwide. Read More.
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New York Republicans demand Garland investigate Empire State AG Letitia James over Nikki Haley group tax leak
Six New York Republicans demanded that Attorney General Merrick Garland open an investigation into the Empire State’s own state Attorney General Letitia James after Nikki Haley's political nonprofit had its tax filings leaked to the media. Read More.
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Experts expect little change on tax structure until crisis
Wyoming’s reserve account may fill to a record $2 billion this year due to high oil prices, but relying on volatile commodities like oil, gas and coal to fund public services means state coffers are susceptible to the same volatile boom and bust cycles as the energy industry. Read More.
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Tesla wins tax breaks from China after Elon Musk’s Taiwan comments: report
Elon Musk’s electric car maker Tesla has been granted tax exemptions from China just days after the tech mogul was praised by Beijing for saying that Taiwan should become a “special administrative zone” ruled by the Chinese Communist Party. Read More.

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