Legislation that would provide tax breaks for Boeing to build its 777X passenger jet in Missouri was passed Tuesday night by two legislative committees.
First, the Missouri Senate Committee on Economic Development passed their version of the bill, followed a few hours later by the House Economic Development Committee passing its version. There are no major differences in the two – both would provide $150 million in incentives to Boeing to build the 777X at its campus near Lambert Airport.
A 4-story institute for translational medicine building would be built on top of an existing parking structure at Children's Mercy Hospital in Kansas City - if Jackson County voters approve a 1/2 cent sales tax increase in November.
On Wednesday, the Hall Family Foundation announced that it was pledging $75 million to Children's Mercy Hospital for build a translational medicine research building on Children's Mercy's campus on Hospital Hill.
Kansas lawmakers this year spared early childhood programs from the budget axe, but advocates for those programs say children didn't fare well overall in the 2013 legislative session.
The top concern, according to April Holman of the non-profit Kansas Action for Children, is that lawmakers balanced the budget using more than $9 million that should have gone into an endowment for early childhood funding.
What will it take for Kansas City, Mo. 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.
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. They weren't.
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.
Which tax preparation service is best? That's what writer Joel Stein hoped to find out when he took his 2011 income data to different firms — including an H&R Block office, seen here in a file photo from last year's tax season.
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.
On this Wednesday's 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.
in this episode of Central Standard, a gift that every household needs for 2012 – good tax advice. We'll be join today be Elaine Smith, Enrolled Agent and Master Tax Advisor for H&R Bloch, with tips for wrapping up 2011 right – with advice for your charitable contributions, IRAs, and that receipt and bank statement filing system you’ve been meaning to start.
Kansas City, MO – When someone gets tax abatement for a development project, they enter into a contract - they say how much the project will cost, how many jobs created, and often agree to pay the city back for work it has to do.
Kansas City, Mo. – A bill that would give the Missouri General Assembly control over almost every state tax credit is being debated in the State Senate.
The bill's supporters, including GOP Senator Chuck Purgason, say giving lawmakers control over the size of each tax break would ensure that they can set aside enough money to fund education, health care and other critical needs.
"When you are sitting there trying to make a decision whether to cut Medicaid, not fund the formula, or issue tax credits, I think that's an issue that we need to make," says Purgason.