The Montana Department of Revenue will soon be distributing its second round of property tax rebates to eligible Montana taxpayers as part of a property tax relief package that was signed into law in 2023. The property tax rebate is a rebate of up to $675 of property taxes paid on a principal residence. To
Illinois parents hoping to purchase certain back-to-school items during a sales tax holiday will be disappointed this year. In 2022, Illinois parents saw some financial relief during back-to-school season in August, thanks to a state law that reduced tax rates on qualifying school supplies, clothing and footwear. That law, known to many as a “sales
Colorado’s top politicians are debating whether to call lawmakers back to work to cut property tax rates once more. The talk of holding a special legislative session is being driven by a pressing deadline: the November election. As things stand now, a pair of ballot measures will likely go before voters in a few months,
This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights Job Promises: Washington lawmakers approved a tax break for data centers to create more jobs in rural Washington, but they can’t say
Americans are used to paying taxes. Income tax. Sales tax. Property tax. With those taxes, you generally know what to expect and have a general idea of what those funds support. For example, local property taxes support the infrastructure and services provided to you, the resident. But sometimes, things aren’t as clear. Let’s say, you
News Photo by Steve Schulwitz A large group of supporters of the Alpena County Library wave signs urging voters to vote in favor of a property tax renewal on Tuesday. The rally began at the Alpena County Courthouse and marched downtown to the library. ALPENA — More than 100 people
When Main Street businesses have a competitive tax code, local economies grow and prosper, and workers across the country benefit from higher paychecks and more job opportunities. In December 2017, Congress passed the Tax Cuts and Jobs Act (TCJA), the most comprehensive tax reform legislation since 1986. The TCJA significantly reduced and simplified the federal
Amid a childcare crisis impacting thousands of Sarasota-Manatee families and businesses, advocates are busy getting the word out about new state tax credits available to employers who help their workers with childcare. The childcare tax credits bill was passed by the Legislature this session and signed into law by Gov. Ron DeSantis. The law, which
Senate Majority Leader Chuck Schumer moved Monday to take up a bipartisan tax package that includes an expansion of the Child Tax Credit and key business provisions, including some favored by energy companies. The chamber will take its first procedural vote on the legislation, H.R. 7024, later this week. Given Republican opposition to the bill
Starting this week, the tax bills of some 735,000 self-employed professionals under the new taxation system will be putunder scrutiny. For the government, the issue is not purely economic but also political. More than 470,000 taxpayers will this week receive a much heavier bill compared to last year, as what emerged from the sent clearance