taxes

Proposed Tax Cut Scaled Back By Missouri Senate Republicans

Maria Carter — Wed, 08 May 2013 16:24:44 +0000

Republicans in the Missouri Senate have scaled back a proposal to cut state taxes in order to emulate tax cuts in neighboring Kansas and Oklahoma.

Missouri Governor Jay Nixon, a Democrat, has strongly objected to the bill's sales tax hike, saying it would hurt the poor and elderly the most. That provision has been dropped.

House Bill 253 would now cut the personal income tax rate by half a percentage point and the corporate rate by three points, and phase them both in over the next 10 years.

Missouri Legislature's Hot-Button Issues

Beth Lipoff and Steve Kraske — Thu, 18 Apr 2013 23:00:00 +0000

Things have been heating up in Jefferson City during this legislative session.

Cash Money Crew: Tax Preparation

Bill Anderson and Matthew Long-Middleton — Tue, 09 Apr 2013 00:42:23 +0000

Taxes are due in one week and that may have most of your attention, but now is also the perfect opportunity to begin planning your tax preparation and behavior for next year. Our Cash Money Crew with Alex Petrovic, of Petrovic Financial Services; Sandi Weaver, of Financial Security Advisors and Julie Welch, of Meara, Welch Browne; help you navigate the complicated and ever changing world of

Report Suggests Missouri Missing Out On Internet Sales Tax Revenue

Marshall Griffin — Wed, 02 Jan 2013 22:24:22 +0000

It appears that Missouri has lost more than $2 billion in revenue over the past nine years because it does not collect sales taxes on purchases made over the Internet.

Downtown Voters Approve Streetcar Measure

Maria Carter — Thu, 02 Aug 2012 14:51:40 +0000

Downtown Kansas City, Missouri voters approved a special tax to fund a two-mile streetcar route in downtown Kansas City, although fewer than 500 people voted.

Mayor Sly James’ New Tax Proposal For Infrastructure

Sylvia Maria Gross — Mon, 21 May 2012 20:08:33 +0000

What will it take for Kansas City, Missouri to finally fix its streets and sewer system? Earlier this year, Mayor Sly James announced a bold plan for improving Kansas City's infrastructure that would involve spending $1 billion over the next 10 years.

Big Kansas Tax Cut Bill Passes, Could Produce $2.7 Billion Shortfall

Steve Bell — Wed, 09 May 2012 22:08:34 +0000

The Kansas House has surprised the Senate by bypassing a compromise tax-cut plan while the Senate was preparing to vote on it.

Pay Your Taxes: A Cautionary Tale

Zoe Chace — Tue, 17 Apr 2012 20:34:00 +0000

When IRS agents raided the house of rapper Young Buck, they seized all his things: his white leather dining chairs, his watches, his craps table, his tattoo kit. Even his refrigerator. The Nashville artist, who was once part of 50 Cent's G-Unit, owed hundreds of thousands of dollars in back taxes.

His lawyer, Robin Mitchell Joyce, said he thought Young Buck's taxes were being handled by his business manager.

You're Not Alone: Taxpayers Have Been Miserable For Decades

Claire O'Neill — Mon, 16 Apr 2012 17:05:00 +0000

Misery loves company. Multitudes are no doubt making the last-minute scramble to finish taxes today. If that's the case for you, perhaps you can take solace in the fact that this tax misery is a long-lived American tradition.

These photos from Life magazine's archives were taken by Alfred Eisenstaedt in 1944. He used a telephoto lens at a New York Internal Revenue information center to capture one doleful face after another.

What America Pays In Taxes

editor — Fri, 13 Apr 2012 15:21:00 +0000

See our earlier entries in this series: What America Sells To The World, What America Does For Work and What America Buys

Last year, the federal government collected $2.3 trillion in taxes.

What Do You Owe In Taxes? Depends Who's Counting

Bill Chappell — Mon, 09 Apr 2012 07:36:00 +0000

In 2012, the federal tax return deadline is Tuesday, April 17 — so if you haven't already filed your income tax return, you have about one week left to shop around for different options to finish your taxes, or request an extension.

If you're wondering if you're better off filing your federal and state income tax returns through an online tax preparation service, a standard CPA (certified public accountant), or a more elaborate tax specialty firm, you may want to read an article over at Bloomberg Businessweek called "Central Standard, learn about a SXSW-style festival in our own backyard. Hear why the Middle of the Map Festival is drawing exponentially more bands, more people & more attention in its second year.

Kansas Governor Calls For Tax Cuts And Changes In School Funding Mechanism

Stephen Steigman and Steve Kraske — Thu, 12 Jan 2012 19:28:17 +0000

At his annual State of the State address on Wednesday night, Kansas Governor Sam Brownback advocated a plan to cut taxes for roughly 1.6 million Kansans.

He also outlined a plan to change the way Kansas public schools are funded, and called for the Kansas Legislature to fix the Sunflower State's state employee pension plan.

The Gift of Tax Advice

Andrea Silenzi and Jabulani Leffall — Wed, 21 Dec 2011 15:41:19 +0000

A gift that every household needs – good tax advice!

City Lax On Tax-Break Oversight

Steve Bell — Thu, 09 Dec 2010 08:29:22 +0000

Listen

Kansas City, MO – Oversight of tax-breaks for urban developers is for practical purposes non-existent according to an audit report to a council committee Wednesday. And it could be costing the city a lot of money. KCUR's Steve Bell reports.