October 4, 2024
Tax

NY Tax Cap to Remain at 2% For 2025 – Finger Lakes Daily News

Property tax levy growth will be capped at 2% for 2025 for local governments that operate on a calendar-based fiscal year. That’s according to data released by State Comptroller Thomas DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities and 13 villages. “Allowable tax levy

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Tax

Nordstrom wins $1.1M tax refund from Marin

A construction crew works at the Nordstrom store in the Village at Corte Madera mall in 2013. (James Cacciatore/Special to Marin Independent Journal) Following an appeal by Nordstrom, Marin County has lowered the property tax assessment of the retailer’s Corte Madera store by more than $8.7 million and refunded $1.11 million in property taxes, plus

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Tax

IRS Has Collected Over $1B From Wealthy Tax Cheats, Thanks to New Funding

Republicans have clawed back part of the funding allowing the agency to chase after millionaires for unpaid taxes. In less than a year, the Internal Revenue Service (IRS) has been able to capture over $1 billion in unpaid taxes, the agency announced on Thursday, due to its new campaign targeting wealthy tax cheats. As part

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Tax

Texas tax-free weekend returns Aug. 9-11 to help you save money on back-to-school items

SAN ANTONIO – The first day of school will be here before you know it, and you’ll likely want to get the most bang for your buck when shopping for back-to-school materials. Those looking to save can take advantage of this year’s tax-free holiday weekend in August. From Friday, Aug. 9, through midnight on Sunday,

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Tax

Houston, Cabool and Texas County report sales tax revenue

Sales tax revenue surged in Houston and Texas County in June, while Cabool experienced a decline in its collections. HOUSTON A one-cent sales tax earmarked for parks, police and fire generated $85,245.61 for the month of June. That’s up $2,782.65 from the same period a year ago. A one-cent general sales tax totaled $86,105.44. That’s

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Tax

Minnesota lottery a regressive tax on the working class, state data show • Minnesota Reformer

The Minnesota Lottery delivers tens of millions of dollars to state coffers each year, funding everything from parks to education to gambling addiction services. “Each dollar spent on a lottery ticket in Minnesota not only fuels the dreams of potential winners, but also drives millions of dollars toward crucial state services and vital projects that

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