March 11, 2026
Tax

House Approves Local Control Over Local Property Taxes

DENVER, CO – The House today passed a resolution that would allow Colorado voters to decide if property tax decisions should be determined at the local level. HCR24B-1001 passed by a vote of 44-19. “There should be local control of local taxes,” said Rep. Mike Weissman, D-Aurora.  “Colorado communities have diverse needs and ideas for how

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Tax

Ohio Could Give Tax Credits for Unborn Children

An Ohio lawmaker has introduced a new bill that would allow parents to claim unborn children as dependents on their state income taxes. State Representative Gary Click (R-Vickery) is behind the proposal, which would allow Ohioans to include embryos or fetuses as dependants if conceived during the taxable year. “I’ve introduced a bill, look for

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Tax

How cannabis tax revenue can eliminate health inequities in New York (Guest Column)

Join NY Cannabis Insider for its next full-day conference in Albany on Sept. 25, 2024. Tickets available now. Dr. Torian Easterling is senior vice president for population and community health and chief strategic and innovation officer at One Brooklyn Health and former first deputy commissioner and chief equity officer at the city Department of Health

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Tax

Whitefish approves budget with tax bump

Whitefish City Council approved the final budget for fiscal year 2025 at its regular meeting last week and prepared to send thank you notes for generous donations to the city.  Whitefish’s fiscal year 2025 total budget totals $53,542,830. Compared to the prior fiscal year, 2025 expenditures are expected to increase $3,152,669, or about 7.5%. The

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Tax

Lawsuit alleges City of Austin is illegally collecting tax dollars for Project Connect

AUSTIN, Texas — The fight over Project Connect continues, with a group of Austinites filing a class action lawsuit against the city, in hopes of stopping them from collecting their taxes for use on the transit plan. The suit states more taxes shouldn’t be collected because previous tax money has gone unspent. “You can’t cheat

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Tax

Trussville residents say ‘no’ to property tax increase for schools

TRUSSVILLE, Ala. (WBRC) – The results of Tuesday’s property tax referendum in Trussville are in and residents said ‘no’ to an increase for the benefit of Trussville City Schools. According to the results from Trussville, 5,317 residents voted Tuesday or voted absentee. The final tally showed 2,232 (42%) were for, 3,085 (58%) were against the

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Tax

What to know about Del Mar College’s 2024-25 budget

Del Mar College’s board of regents approved a balanced budget Tuesday, including raises for staff and an increase in the property tax rate. For residents of the community college’s tax district, which includes Corpus Christi ISD, Flour Bluff ISD, Port Aransas ISD, West Oso ISD, Tuloso-Midway ISD and Calallen ISD, the 2024-25 tax rate will

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Tax

New tax credits aim to boost childcare affordability for Nebraska families

LINCOLN, Neb. (KOLN) – Nebraska families now have more resources to help them afford childcare, thanks to three new funding sources. The Child Care Tax Credit Act offers tax credits to businesses that donate to childcare programs designed to increase access or affordability for families. The act also provides a tax credit for parents or

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Tax

Japan mulls removing tax-free limit on consumable goods purchases

The Japan Tourism Agency said Tuesday it is considering removing a 500,000 yen ($3,500) tax-free limit for purchases of consumable goods such as cosmetics, alcohol, food and medicine, as it seeks to boost spending by inbound travelers. As part of its tax reform requests for fiscal 2025, the agency also called for scrapping a requirement

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Tax

From the Tax Law Offices of David W. Klasing

IRVINE, Calif., Aug. 27, 2024 /PRNewswire/ — According to a Department of Justice press release, a Connecticut man recently pleaded guilty to tax evasion on income that he earned engaging in a fishing operation. This story details the potential consequences that a taxpayer can face if they intentionally violate federal income tax laws. If you

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