Tax season is upon us, so it's time to rummage through those shoe boxes of old receipts, dig up W-2 forms and file your 2013 return.
The Cash Money Crew is here to guide you through the process, including changes to be aware of and tips for a smoother tax return season in 2014. Later, we discuss the changing realities of retirement and how to prepare for it.
The showdown between Missouri's Democratic Governor and the Republican-led General Assembly finally arrives this week, as lawmakers return to Jefferson City for their annual veto session. Governor Jay Nixon struck down 29 bills this year, with most of the post-veto attention falling on two bills in particular, a controversial tax cut proposal and an even more controversial attempt to nullify federal gun control laws.
Campaign to prevent House Bill 253 override attempt
A select group of lawmakers from the Kansas House and Senate started negotiations on tax legislation today. The conference committee will work to find a compromise between bills that passed the two chambers.
The bills have one large difference. The Senate version makes a temporary sales tax permanent to help offset the costs of income tax cuts. The House version allows the sales tax to expire as planned later this year, and introduces additional income tax reductions more slowly.
Senator Les Donovan, a Wichita Republican, says extending the sales tax is critical.