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Tag: income tax

tax

Fifty Plus: Sweet 16th Amendment – income tax!

It will be challenging not to drop a few vile words throughout this column. Income tax. Every year I have to pay.


tax

Free income tax preparation service offered by AARP/Tax Aide

Again this year, the American Association of Retired Persons (AARP) Foundation, District 6, Tax Aide volunteers will offer free, confidential, federal and state income tax service.


Ken Plum: Virginia General Assembly session under way

The General Assembly convened for its annual session on January 14. Although the session scheduled to adjourn at the end of February is termed “the short session,” it will have a full agenda of opportunities and challenges.


revenues

Virginia government revenues up sharply in December

Governor McAuliffe announced today that December revenue collections for Virginia state government posted strong gains.


Ken Plum: Protracted General Assembly session

The Virginia General Assembly adjourned its regular session in early March this year and immediately went into special session that while still continuing has become the longest special session ever.


virginia organizing

Report: Full-time working Virginians lack living wage

Only 26 percent of all full-time workers in Virginia earn a wage that will allow a single working parent with two children to make ends meet.


revenues

Virginia state revenues up 4.4 percent in October

Governor McAuliffe announced today that General Fund revenue increased 4.4% from the previous year with all major sources contributing to the increase.


Andrei Illarionov, former advisor to Vladimir Putin, to speak at W&L

Andrei Illarionov, former economic policy advisor to Russian President Vladimir Putin, will speak at Washington and Lee University on Monday, Oct. 27, at 7 p.m. in Northen Auditorium.


revenues

Virginia September 2014 general fund revenue collections up 5.3% from 2013

Today, Governor McAuliffe announced that the September General Fund revenue increased 5.3% from the previous year with all major sources contributing to the increase. This is the first time revenues have increased for three consecutive months since April-June of 2013.


revenues

State revenues up 1.7 percent in August, 7.7 percent for 2014

Governor Terry McAuliffe announced today that August General Fund revenue increased 1.7% from the previous year. On a fiscal-year-to-date basis, total revenue collections rose 7.7% compared with the same period last year.


tax

Stephen Eldridge: The ‘Fair Tax’ is a fraud

The “Fair Tax” (“FT”) is a fraud – it is more wealth redistribution, and a financial scam.


newspaper

Glen Terrell: Article V Convention of States

Our best chance of reclaiming our country and reigning in our government is an Article V Convention of States.


randy forbes

Randy Forbes: How many times are you taxed a day?

Our tax system is complex and confusing. It discourages job growth and overall competitiveness, and it discourages every day Americans who want to live their lives without the stress of Uncle Sam knocking at their doors.


Virginia state revenues down $439 million from forecast

Governor Terry McAuliffe announced today that preliminary figures indicate the state concluded Fiscal Year (FY) 2014 with an approximately $438.5 million shortfall in general fund revenue collections, excluding transfers.


tax

Glen Terrell: The IRS must go!

To aware citizens it’s crystal clear: THE IRS MUST GO! There is no place for an institution like the IRS in a society of free people such as the citizens of the USA.


business

Biggest one-month decline in Virginia tax revenues in 13 years

Governor Terry McAuliffe announced today that general fund revenue collections decreased by 20.7 percent in May, with large declines in individual nonwithholding, the corporate income tax, and the tax on wills, suits, deeds, and contracts.


revenues

Virginia government revenues up 10% in April

Gov. Terry McAuliffe announced today that general fund revenue collections increased 10.0 percent in April, with solid gains in individual withholding and nonwithholding as well as in the insurance premiums tax.


law

ACLU remains concerned about unchanged discriminatory tax policies

Though married same-sex couples in Virginia can file joint tax returns at the federal level, under Virginia’s discriminatory state tax policy, these same couples are forced to file as single or head of household at the state level.


lgbt

LGBT advocates, tax professionals say state’s tax policy is discriminatory

Virginia’s policy of requiring married lesbian and gay couples to file their state income tax returns as “individuals” is not only burdensome and confusing, but also discriminatory toward married gay and lesbian couples while also hurting businesses.


tax

You pay taxes: Why doesn’t General Electric?

You pay your fair share of taxes. Small businesses do too. It’s the price we pay to educate our kids, protect our communities and have some security in retirement. Why shouldn’t some of America’s largest corporations pay their fair share too?


revenues

Virginia general fund revenue collections up 7.8 percent in March

Gov. Terry McAuliffe announced today that general fund revenue collections increased 7.8 percent in March, with solid gains in individual nonwithholding, corporate income tax and the insurance premiums tax.


tax

Letting corporations skate on taxes undermines life on Main Street

Many politicians spin this as a “spending” crisis, claiming, “There just isn’t any money.” Nonsense. Corporate profits are at an all-time high. The stock market has soared along with CEO bonuses, and yet corporate taxes have fallen to about a fifth of their profits.


congress

Bipartisan bill to help startups create jobs clears Senate Finance Committee

The Senate Finance Committee today passed the bipartisan Startup Innovation Credit, which will allow Virginia startups to claim the popular Research and Development tax credit.


Gov. McAuliffe announces revenue decline

Gov. Terry McAuliffe today announced that state general fund revenue collections declined 3.4% in February. There was a solid gain in individual income tax withholding but that was offset by declines in retail sales, insurance premiums tax and recordation taxes.


terry mcauliffe

Gov. Terry McAuliffe updates lawmakers on revenue forecast

Gov. Terry McAuliffe briefed House and Senate budget committee leaders on Wednesday on the preliminary mid-session revenue reforecast numbers.