Money

Taxes
COMMENTARY: Ending refund checks will sideline taxpayers

More than six million Americans who typically receive their tax refunds by paper check may be in for an unexpected jolt. Those checks, often used to cover essentials like groceries and utility bills, risk disappearing at a time when many families need them most.

Income Tax

 COMMENTARY: Ending refund checks will sideline taxpayers
Defiance income tax receipts increase by 8% in 2025

Defiance City Hall reported an 8% rise in income tax receipts for 2025, marking a new milestone in municipal finances. Observers note this growth as a testament to strong public finance under local governance. The increase highlights a significant step forward for the city’s revenue collection.

Income Tax

 Defiance income tax receipts increase by 8% in 2025
Tax incentive proposal aims to revitalize Loudon’s Route 106

Loudon is looking to Route 106 to spur new business investment. A proposed tax incentive aims to lighten the property tax load on residents while welcoming fresh commercial opportunities in the area.

Property Tax

 Tax incentive proposal aims to revitalize Loudon’s Route 106
Supervisors approve contracts for Beatrice parcel inspections

A new, wide-scale inspection has been approved for Beatrice, where more than 5,300 residential and 1,300 commercial parcels will undergo thorough reviews. The Gage County Board of Supervisors’ recent decision aims to establish consistent and accurate classifications for properties across the city.

Property Tax

 Supervisors approve contracts for Beatrice parcel inspections
Monzo Unleashes Tax Tool for UK Small Businesses

Monzo introduces a free, HMRC-recognized tool designed to assist small businesses in managing their tax obligations. With significant changes on the horizon due to Making Tax Digital, the digital bank’s initiative comes at a crucial moment for UK SMEs.

Tax Filing Software

Slate Valley School Board approves budget for FY27

The Slate Valley Unified Union School Board has given the green light to its fiscal year 2027 budget. This decision could affect property taxes, education spending, and infrastructure plans, reflecting the district’s focus on long-term needs.

Property Tax

 Slate Valley School Board approves budget for FY27
Waseca County Board, frugal as ever, approves 2026 budget

Officials in Waseca County are holding firm to their reputation for cautious spending, unanimously approving their 2026 budget along with a property tax levy. The final 2025 meeting of the County Board emphasized continuity, demonstrating a steadfast commitment to fiscal discipline.

Property Tax

Year in Review: Island Health secured tax Increase, saw board turnover in 2025

In 2025, Island Health secured voter approval for a property tax increase and faced dramatic changes among its leadership. A 28-year commissioner retired, and another longtime board member was replaced by a political newcomer, marking a season of transition.

Property Tax

 Year in Review: Island Health secured tax Increase, saw board turnover in 2025
2026 Property Tax Exemptions —Available January 1st

Starting January 1, property owners can apply for 2026 tax exemptions with the County Assessor’s Office. All applications must be turned in by March 15, ensuring timely processing for those seeking financial relief.

Property Tax

 2026 Property Tax Exemptions —Available January 1st
Steele County Commissioners approve 4.6% levy increase

As tax season approaches, Steele County residents will see a 4.6% hike in property taxes for 2026. This modest increase accompanies an $83,559,919 budget approved by the county commissioners on Tuesday evening.

Property Tax

 Steele County Commissioners approve 4.6% levy increase
Scotia Global Asset Management announces estimated year-end cash distributions for the Scotia ETFs

Scotia Global Asset Management recently announced its estimated year-end cash distributions for 2025, detailing projected ETF payout amounts for investors. These estimates may shift slightly before final confirmation on or about December 30, 2025, with distributions set for payment on January 7, 2026.

Income Tax

 Scotia Global Asset Management announces estimated year-end cash distributions for the Scotia ETFs
Letter: Pretending to help property taxpayers

State lawmakers in New Hampshire are revisiting a bill that would mandate strict caps on school budgets. Critics call this effort a “scheme” that merely pretends to bring relief to property taxpayers, asserting that Granite Staters don’t want such regulations. The letter urges legislators to listen to public sentiment before forging ahead.

Property Tax

 Letter: Pretending to help property taxpayers
Letters for Friday, Dec. 12 – Fri, 12 Dec 2025 PST

A short letter raises concerns about the fairness of certain tax credits, pointing to what the author calls a “Tax credit injustice.” Published on December 12, 2025, by The Spokesman-Review, the piece has sparked attention for its critique of economic policy.

Income Tax

 Letters for Friday, Dec. 12 – Fri, 12 Dec 2025 PST
Property assessments discussed at PVA town hall meeting

During a recent town hall meeting, Pulaski County officials offered explanations of how property values are assessed, yet many residents left unconvinced. While authorities emphasized transparency, the public raised concerns about possible flaws in the system.

Property Tax

 Property assessments discussed at PVA town hall meeting
Governor Cox proposes ‘stay the course’ budget with no income tax cut

Governor Spencer Cox is proposing a $30.7 billion budget described by his Office of Planning and Budget as a “stay the course” plan. The new fiscal approach includes no income tax cut and is set to take effect when the next fiscal year begins in July.

Income Tax

 Governor Cox proposes ‘stay the course’ budget with no income tax cut
City of Burlington increasing property taxes

The Burlington City Council has approved a plan to collect additional revenue through property taxes beginning in 2026. While the exact details remain limited, the council’s decision marks a key step in planning the city’s future budget.

Property Tax

 City of Burlington increasing property taxes
Bethel Park residents to see small tax increase in 2026

Bethel Park residents will see a minor increase in municipal taxes starting in 2026. According to the original report, this adjustment, described as small, aims to address the community’s future financial needs and maintain services.

Property Tax

EDITORIAL: Property tax cuts should not be a priority

A recent editorial questions whether property tax cuts should be at the forefront of the legislative agenda. It advises state leaders to consider the long-term economic outlook before finalizing any reduction in taxation.

Property Tax

 EDITORIAL: Property tax cuts should not be a priority
Tax payments take a mile-high detour

Santa Fe County property tax checks don’t stay in the Land of Enchantment for processing. According to the county treasurer, no local bank is equipped to handle them, leading to a unique solution: sending the payments to Denver.

Property Tax

 Tax payments take a mile-high detour
Birmingham-based AI tax software company expanding, to hire 66

Birmingham-based SmartWiz is expanding its AI-driven tax software operations and plans to add 66 jobs over the next five years. The company aims to strengthen its presence in the Magic City while enhancing innovative services for tax professionals through advanced artificial intelligence.

Tax Filing Software

 Birmingham-based AI tax software company expanding, to hire 66
Bucks County Opportunity Council and Local Attorney Partner to Provide Free Wills to VITA Participants

Bucks County Opportunity Council has partnered with a local attorney to provide free wills for VITA participants. This timely initiative highlights the importance of both financial and legal security for community members, offering crucial support to those who need it most.

Income Tax

 Bucks County Opportunity Council and Local Attorney Partner to Provide Free Wills to VITA Participants
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