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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
No matter what you do for a living, odds are you paid more federal income tax than Trump did the year he took office. Analysts say real estate tax breaks allowed him to avoid high tax bills.
If you’ve ever been pulled over for driving three miles over the speed limit, you may have been subject to ‘taxation by citation’ — local governments...
On this edition of Political Rewind, plans to expand broadband to rural Georgia may be in jeopardy after legislators kill a bill that would pay for the...
