The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. “This continues to be a tough time for many […]
Rural hospitals that suffered from business interruption due to COVID-19 are now eligible to receive reimbursement funds through the Coronavirus Aid, Relief, Economic Security (CARES) Act. $10 million has been allocated for this assistance. The 62 rural hospitals that provide services to rural and underserved populations are eligible to receive these funds if they can […]
Missouri businesses are ready for the state’s tourism industry to get back to normal. Since the early days of the coronavirus, conventions, sporting events, weddings, festivals, and other major events have taken a hit all over the state. In northeast Missouri, Hannibal business owner Fred Smith says the pandemic altered his antiques and home décor […]
The Internal Revenue Service has announced that the third round of Economic Impact Payments will begin reaching Americans over the next week. The IRS says the first batch of payments will be sent by direct deposit, which some recipients will start receiving as early as this week and with more payments in the […]
(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 […]
The driver of a pickup truck that the Trenton Police Department reported hit the Harvest Moon building on Ninth Street on February 13th was arrested on March 10th and posted bond. The Grundy County Sheriff reports 36-year-old Braden Mark Spicher of Trenton has been charged with felony leaving the scene of an accident–property damage exceeded […]
The state House of Representatives has given first-round approval to an effort that would tax out-of-state businesses selling online to Missourians. The legislation might not result in a significant state revenue increase because it would be offset by lowering the state’s income tax rate. Bill sponsor J. Eggleston, of northwest Missouri’s Maysville, says a so-called […]
As grain prices hit new levels, farmers are considering potential profit in preparing for the 2021 growing season. However, protection is always going to be important. Crop insurance decisions will be critical this year. Gary Schnitkey, University of Illinois agricultural economics professor, said 93% of Illinois farmers took some form of Revenue Protection (RP) insurance […]
Trenton city sales tax receipts are up more than six percent for general purposes, capital projects, and parks in the first eleven months of Trenton’s current fiscal year, compared to the same months a year ago, May through March. Income from the city sales tax for fire department needs is up nearly eight percent, and […]
Since the first presumptive positive COVID-19 case was detected in Missouri one year ago, Governor Mike Parson and his administration have worked continuously to combat the virus, keep Missourians safe, and move Missouri’s economy forward. “Since COVID-19 struck Missouri one year ago, we have worked nonstop to take a balanced approach, fight the virus, and […]
The Trenton Park Board on March 3rd approved a bid for tree stump removal as well as actions involving the Van Meter shelter house and the swimming pool. The 2021-2022 budget was also reviewed. The approved stump removal bid was from Perkins Dozing of Jamesport for $200 per stump. Another bid was submitted from Custom […]
Governor Mike Parson announced the release of the remaining $280,783,940 in FY21 general revenue restrictions. “Thanks to our balanced approach to COVID-19, Missouri is in a much better position than what was originally projected,” Governor Parson said. “Our economy continues to come back strong, and we’re pleased to be able to release the remainder of these funds […]
Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for 2021 must do so by March 15. Producers who have not yet signed a 2021 enrollment contract or who want to make an election change should contact their local USDA Farm Service Agency (FSA) office […]
U.S. Senator Josh Hawley (R-Mo.) announced a plan to require companies with revenues of $1 billion or more to pay their employees $15 per hour. Senator Hawley’s plan would result in an immediate wage increase for millions of workers while avoiding a one-size-fits-all increase that would disadvantage small businesses. Small business employees earning less than […]
The House moved to ban the use of eminent domain for a large wind-energy power line planned to span from Kansas to Indiana. In a voice vote on Tuesday, lawmakers approved legislation that would prevent the use of private land for the Grain Belt Express power line without property owners’ permission. The high-voltage […]
(Missouri Independent) – The plan for distributing money directly to Missouri counties in the current version of the $1.9 trillion federal coronavirus relief bill is pretty simple – each gets $195.44 per person. But for cities, instead of a formula based on population, Congress divvies up the money using the method for determining Community Development Block Grant allocations. […]
(Missouri Independent) – Last spring, as Missouri businesses shed hundreds of thousands of jobs, Gov. Mike Parson warned that the state was headed for the worst financial crunch since the 2008 recession. Ten months later, Parson presented a budget plan that anticipates a $1.1 billion surplus on July 1, the biggest in state history. And if the $1.9 trillion pandemic […]
The Missouri Veterans Homes have fought their way out of a COVID outbreak – with patient cases down to ZERO. The Veterans Commission now must find additional ways to fund the homes – as they struggle with the number of patients down due to COVID restrictions, and other sources drying up. Terressa Sherlock the commission’s […]
Missouri could soon require online retail businesses from out-of-state to pay state sales tax. State Senator Andrew Koenig, a Republican from eastern Missouri’s Manchester, is sponsoring a so-called Wayfair bill. He tells Missourinet his goal is to make the state’s businesses more competitive. Koenig says his bill could bring in roughly 80 to […]
Missouri’s transportation director says more than 600 of his employees currently have the coronavirus. State Department of Transportation (MoDOT) director Patrick McKenna testified before the Joint Committee on Transportation Oversight on Monday in Jefferson City, delivering MoDOT’s annual report. “As of this moment (Monday afternoon), we’re at about 645 cases of COVID within MoDOT, MoDOT alone,” McKenna […]
