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News Articles: Taxes

Rep. Marjorie Taylor Greene, R-Ga., talks as President Joe Biden delivers his first State of the Union address to a joint session of Congress, at the Capitol in Washington on March 1, 2022.

Tagged as: 

  • Politics

Political Rewind: MTG gets top committee assignments; Kemp in Davos; Lawmakers want a flat tax

Wednesday on Political Rewind: Rep. Marjorie Taylor Greene secured seats on two high-profile House committees. Will she bring her extreme views with her? Gov. Brian Kemp told the World Economic Forum that Georgia will be a pro-business powerhouse. Meanwhile, Republicans in both D.C. and Georgia aim to reshape tax policy.

January 18, 2023
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
Governor Kemp Speaks At Georgia GOP Convention on June 5, 2021

Tagged as: 

  • Politics

Political Rewind: Kemp promises raises during his 2nd term; No mention of Medicaid expansion

Thursday at 2 p.m. on Political Rewind: In his inaugural address, Gov. Brian Kemp highlighted his proposed tax cuts, raises for state employees, and called Georgia the "electric mobility capital of America". Plus, U.S. Rep. Andrew Clyde opposed Rep. McCarthy for speaker, but he received an important committee seat. #gapol

January 12, 2023
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
Even though higher mortgage rates are starting to curb housing prices, the share of first-time homebuyers has fallen to a historic low, according to the National Association of Realtors.

Tagged as: 

  • National

Voters approved more money for affordable housing around the country

Skyrocketing rents and home prices have been a major part of voters' economic pain. New spending will go toward building and subsidizing more housing, and helping people avoid homelessness.

November 10, 2022
|
By:
  • Jennifer Ludden
 Pregnant woman stock photo

Tagged as: 

  • News

Yes, expecting parents in Georgia can now claim their embryo as a dependent

Even with a wave of new state-level abortion restrictions passing or taking effect this summer, Georgia’s law stood out because of its so-called personhood provisions that accompanied the better known six-week ban on the procedure, including a new tax break for expecting parents. But the fetal tax deduction’s cost and benefits remain murky.

September 19, 2022
|
By:
  • Ross Williams and
  • Jill Nolin
The IRS is refunding penalties it charged taxpayers for filing their 2019 and 2020 tax returns late as a form of COVID-19 relief.

Tagged as: 

  • Your Money

You may get an IRS refund if you filed your taxes late during the pandemic

The IRS is refunding penalties it charged taxpayers for filing their 2019 and 2020 tax returns late, as a form of COVID-19 relief. The refunds don't apply to penalties for failing to pay your taxes.

September 10, 2022
|
By:
  • Joe Hernandez
Georgia State Capitol

Tagged as: 

  • Politics

Local governments, schools want input on tax abatements

A bill introduced in the General Assembly last year called for giving local governments and school districts the legal right to participate in hearings on tax abatements but failed to get through either legislative chamber. Now, a state Senate study committee has begun meeting to consider what changes might be needed to make local development authorities more accountable.

August 26, 2022
|
By:
  • Dave Williams
Gambling

Tagged as: 

  • Politics

Political Rewind: Abrams moves to legalize gambling; Kemp to push tax breaks; Mar-a-Lago fallout

Wednesday on Political Rewind: As both Kemp and Abrams turn to economic issues, Kemp plans to unveil a tax refund for Georgians, funded by the state's surplus. And while much about the Mar-a-Lago search is unknown, GOP figures nationwide are using it to motivate their base. But first, Greg Bluestein provides a breaking update from the Abrams campaign.
 

August 10, 2022
|
By:
  • Natalie Mendenhall and
  • Chase McGee
Democratic candidate for Georgia Governor Stacey Abrams poses for a portrait in front of the State Seal of Georgia Monday, Aug. 8, 2022, in Decatur, Ga.

Tagged as: 

  • Politics

Abrams calls on using budget surplus to invest in Georgians

Democratic gubernatorial candidate Stacey Abrams says it's time for Georgia to use its budget surplus to invest in its residents.  In a preview of a speech on the economy she's expected to deliver Tuesday, Abrams says Gov. Brian Kemp and other Republicans have been hurting the state by prioritizing low taxes and low spending.

August 09, 2022
|
By:
  • Associated Press
music midtown

Tagged as: 

  • Politics

Political Rewind: Music Midtown canceled; Claiming unborn kids on taxes; Update on Fulton probe

Tuesday on Political Rewind: Music Midtown has been canceled, allegedly because of Georgia's gun laws. Plus, the State Department of Revenue will allow Georgians to claim embryos on income tax deductions. Meanwhile, Tamar Hallerman provides an update on the latest in the Fulton County probe.

August 02, 2022
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
Intuit's 2018 homepage for TurboTax failed to adequately disclose the limits of the "free" offer, the Federal Trade Commission says.

Tagged as: 

  • Your Money

Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free

In a court filing, the agency says that ads claimed TurboTax was "Free Guaranteed," but many people end up paying for the software to file their taxes. Intuit disputed the allegation.

March 29, 2022
|
By:
  • Laurel Wamsley
Former Atlanta Mayor Sam Massell dies.

Tagged as: 

  • Politics

Political Rewind: Crossover deadline looms; Walker's businesses; former ATL mayor Sam Massell dies

Monday on Political Rewind: As the deadline for bills to pass at least one chamber in the General Assembly looms, legislation aimed at suspending the state's gas tax, mental health reform and "constitutional carry" move forward. Plus, The Atlanta Journal-Constitution reveals new info on U.S. Senate candidate Herschel Walker's businesses. Finally, we talk of the death of respected Atlanta Mayor Sam Massell.

 

March 14, 2022
|
By:
  • Bill Nigut ,
  • Sam Bermas-Dawes ,
  • and 1 more
A battle over taxes continues to brew as the IRS is seeking to obtain more bank account information, a move strongly opposed by Republicans and the lenders themselves.

Tagged as: 

  • Politics

Does the IRS really want to spy on your bank account? The latest tax fight, explained

The Biden administration hopes to help fund its agenda by cracking down on tax evasion, but its plan to require more bank information is drawing strong opposition from GOP lawmakers and banks.

October 25, 2021
|
By:
  • Scott Horsley
Protesters wearing Guy Fawkes masks carry empty coffins during a national strike to protest a government proposal that would raise taxes, in Bogotá, Colombia, on Wednesday.

Tagged as: 

  • Latin America

Protesters March In Colombia Against Plan To Raise Taxes In Pandemic-Wracked Economy

Even though COVID-19 deaths are spiking and the country is climbing out of a deep economic downturn, the president has proposed new taxes. Colombians are defying restrictions by protesting.

April 30, 2021
|
By:
  • John Otis
A city street is closed this month for repairs and upgrades in Orlando, Fla. As part of an infrastructure proposal by the Biden administration, $115 billion is earmarked to modernize bridges, highways and roads.

Tagged as: 

  • Politics

Biden Claims GOP Voters Support His Infrastructure Plan; Poll Shows They Don't

An NPR/PBS NewsHour/Marist poll finds most support the plan, but three-quarters of Republicans do not. "Listen to your constituents," President Biden says, but that may mean little to no GOP votes.

April 15, 2021
|
By:
  • Domenico Montanaro
Tax paperwork

Tagged as: 

  • Economy

Delay In Processing Returns Sends Georgia Tax Collections Soaring

Net sales taxes rose by 16.3% last month, while corporate income tax collections plummeted by 69%, a decrease due to a large drop in corporate tax payments coupled with a big increase in refunds.

March 11, 2021
|
By:
  • Dave Williams
  • Load More

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