state taxes

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In Georgia, an Embryo Is Now a Tax Deduction

State issues guidelines for claiming the deduction, with policy on miscarriages unclear

(Newser) - Taxpayers can now claim an individual income tax dependent exemption of $3,000 on their Georgia returns for an embryo "with a detectable human heartbeat." Guidance from the department of revenue says cardiac activity "may occur as early as six weeks' gestation" in cells that later become...

TurboTax Processing State Returns Once Again

The halt due to fraud lasted about 24 hours

(Newser) - TurboTax, the country's most popular do-it-yourself tax preparation software, is back up and running after it halted processing state tax returns for about 24 hours because of a spike in fraudulent filings . Intuit, the company behind TurboTax, said it resumed filing of state returns at about 6pm Eastern time...

To Recoup Taxes, Kansas OKs Sex Toy Auction

An erotic store chain owes the state $164K

(Newser) - In the market for love, ahem, accessories? Try shopping with the state of Kansas, which is behind an online auction of a large volume of sex toys—ranging from vibrators and handcuffs to a "fantasy love swing" and pornographic films—in an effort to recoup the $163,986 an...

Now Kansas Looks to Ditch Its Income Tax

Tax cuts would be offset by sales tax, ending mortgage deduction

(Newser) - Two weeks after Bobby Jindal proposed putting an end to state income taxes in Louisiana , Kansas appears to be headed in the same direction, albeit a little more slowly. Gov. Sam Brownback's plan, introduced yesterday, would reduce and eventually eliminate state income taxes, reports the Wichita Eagle . As of...

Louisiana Considers Ditching Its Income Tax

Bobby Jindal calls proposed move revenue-neutral

(Newser) - Bobby Jindal wants to do away with income and corporate taxes in his state—and raise Louisiana's 4% sales tax to make up the difference, the New Orleans Times-Picayune reports. "It's time to change that so people can keep more of their own money and foster an...

If It Was 1980, You'd Be Paying More in Taxes

 If It Was 1980, 
 You'd Be Paying 
 More in Taxes 
'nyt' analysis

If It Was 1980, You'd Be Paying More in Taxes

Federal taxes down, but state, local taxes up

(Newser) - Although many Americans express anger at the seemingly ever-increasing amount they have to fork over to Uncle Sam, most actually paid a lesser amount in 2010 than they would have in 1980, according to an analysis by the New York Times that took into account federal, state, and local taxes....

6 Stories