Missouri State Auditor Nicole Galloway today released an audit detailing uncertainty and confusion related to the state’s individual income tax withholding tables. The report found that changes made to withholdings in January 2019 were done unlawfully and will result in over-withholding for the majority of individual Missouri taxpayers. “For more than six months, this […]
Proposed legislation would give some Missourians a grace period to pay outstanding income tax liabilities, as long as they file their 2018 return in a timely manner. The bill follows a withholding issue that translates to a drop in refunds and a jump in taxes due for many Missourians. The bill, sponsored by Rep. Dean […]
The Internal Revenue Service today encouraged members of the military and their families to learn more about the special tax benefits available to them as the April 15 tax filing season deadline approaches. Most military bases offer free tax preparation and filing assistance during the tax filing season. Some also offer free tax help after […]
The Internal Revenue Service reminds taxpayers that the easiest way to check on a tax refund is “Where’s My Refund?,” an online tool available at IRS.gov and through the IRS2Go app. The fastest way to get a refund is to use IRS e-file and direct deposit. The Tax Time Guide, a resource to help taxpayers […]
The University of Missouri Extension of Grundy County will provide Volunteer Income Tax Assistance to low-income families this tax season. Appointments will be held in the Extension Office in the basement of the Alexander Student Center on the North Central Missouri College campus in Trenton starting the last week of February. County Engagement Specialist in […]
A Missouri Senate committee is considering whether the state should be charging a 6.5-percent sales tax on out-of-state internet purchases. Missouri School Boards Association spokesman Brent Ghan says the tax could bring in additional money for the state. Ghan hopes lawmakers would not use the additional revenue to give tax cuts. […]
Missourians are being encouraged to file income taxes as soon as possible this year. Financial advisor Marshall Mennenga says Congress and the Trump administration wanted a smaller, easier tax form. The two-page 1040 has increased to eight pages and Mennenga advises taxpayers to file income taxes as early as possible.
Free tax preparation help is being offered for eligible Missourians. Bill Wise with the Missourinet reports. The University of Missouri has opened volunteer income tax assistance sites around the state to help eligible Missourians with their tax return preparation. The IRS-sponsored program that includes Missouri students and staff provides free assistance for low- […]
The state Revenue Department has been reworking tax tables after announcing in September that it was under collecting individual income taxes. But fixing the problem midyear means taxpayers could owe more money at the end of the year. Budget Director Haug admitted as much by predicting the state’s budget picture would improve when the majority […]
On Tuesday, November 6, 2018, voters will see three medical marijuana initiatives on their ballots—Amendment 2, Amendment 3, and proposition C. Voters are permitted to vote “yes” or “no” on each of the ballot measures. You can read the full text of each ballot issue in the November 6 General Election by going to the Missouri […]
New numbers show state revenues are picking up, but there’s still a 3.2 percent shortage to the state’s bottom line in the current fiscal year. Missouri Budget Director Dan Haug says typically the shortfall would lead to a cut in state services. The Missouri Department of Revenue is redoing tax tables because it’s […]
(Missourinet) – Ameren Missouri is the first of the two largest utilities in the state to drop customer rates based on savings it’s receiving from a tax reduction. Congress cut the nation’s corporate income tax rate from 35%-to-21% last December with the reduction taking effect January 1st. Ameren’s drop of customer rates to […]
