Coronavirus Stimulus Payment Graphic

States question whether new federal stimulus law rules out tax cuts

(Missouri Independent) – President Joe Biden’s massive pandemic stimulus law pumps a welcome infusion of federal aid into state and local government coffers — but one brief section is raising questions about whether states are barred from cutting their own taxes if they accept the federal help. The Senate added language to the COVID-19 relief package […]

Tax Credit

Lawmakers propose permanent tax credit to stimulate development in nation’s underserved areas

U.S. Senators Roy Blunt (Mo.) and Ben Cardin (Md.) have introduced a measure to permanently extend the New Markets Tax Credit (NMTC), which has created jobs and driven investment in neighborhoods with high poverty and unemployment rates. The New Markets Tax Credit Extension Act (S.456) will permanently authorize a 39 percent federal tax credit for […]

Woman arrested at Kansas City bus station pleads guilty to possessing more than 5-pounds of Fentanyl

 A woman carrying more than five pounds of fentanyl in her suitcase as she traveled through Kansas City, Mo., has pleaded guilty in federal court. Evelyn C. Sanchez, 33, pleaded guilty before U.S. Chief District Judge Beth Phillips to possessing fentanyl with the intent to distribute. According to court documents, Sanchez was traveling from Los […]