The Internal Revenue Service (IRS) has issued a notice to taxpayers in parts of four disaster-stricken states that they must file their federal income tax returns and pay any taxes owed by the end of the month or face consequences. This year, most taxpayers were required to file by April 18, which was also the…
IRS Issues Important Notice to Storm Victims in 4 States About Paying Taxes Owed
Alberta Extending Fuel Tax Relief Program Until End of the Year, Premier Says
Alberta’s United Conservative Party government says it’s sticking to its campaign promise to extend the fuel tax relief program until the end of the year. Premier Danielle Smith says the program, which saves Albertans 13 cents per litre at the pumps, was set to expire at the end of this month. The pause on the…
IRS Announces Tax Relief for Mississippi Storm Victims
March 29, 2023
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The Internal Revenue Service (IRS) has announced tax relief for Mississippi residents and businesses impacted by the recent tornadoes and severe storms. The tax relief extends the deadline for filing various federal individual and business tax returns—and making tax payments—until July 31, 2023, the IRS said in a press release. “The IRS is offering relief…
IRS Announces Tax Relief for SoCal Storm Victims
LOS ANGELES—Due to the storms and a resulting federal emergency declaration, Southern California residents and business owners will have until May 15 to file federal individual and business tax returns and make tax payments, the Internal Revenue Service (IRS) announced Jan. 10. The one-month filing grace period is being offered to residents in areas designated…
Lawmaker Proposes Using a Portion of Texas’ $27 Billion Surplus for Property-Tax Relief
December 2, 2022
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budget surplusLocal NewsPolicies & Impactsproperty taxRegional-Local Newstax reliefTexastexas lawmakersUSUS News
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The state of Texas is sitting on a hefty $27 billion surplus. Lt. Gov. Dan Patrick on Wednesday laid out a list of priorities he would like lawmakers to consider in the next budget. Patrick, a Republican who resides over the state Senate, emphasized that it would be up to the members, but he believes…
Taxpayers Federation Calls for Tax Relief for Canadians as Annual Inflation Grows by Nearly 7%
The Canadian Taxpayers Federation says the federal government must provide immediate tax relief following a Statistics Canada report which revealed that annual inflation grew by almost 7 percent. Consumer prices increased by 6.9 percent year-over-year, according to Statistics Canada. The price of groceries grew by 11.4 percent, marking the highest annual growth since August 1981. CTF Federal…
CRA Extends Tax Deadlines in Atlantic Canada in Wake of Fiona
The federal government is extending tax relief to people, businesses and charities affected by post-tropical storm Fiona in Atlantic Canada. National Revenue Minister Diane Lebouthillier says she asked the Canada Revenue Agency to explore relief options as soon as she learned about the storm’s devastating impact. The CRA is extending the due date for corporate tax returns, trust income tax returns and GST and HST returns by a month…
DeSantis Green Lights Discounts For Regular Toll Road Users
August 25, 2022
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PUNTA GORDA, Fla.—Frequent users of Florida’s toll roads are to get discounts of up to 25 percent beginning on Sept. 1 for the next six months. The discounts were announced by Gov. Ron DeSantis on Aug. 25 in Orlando. Those benefiting will be drivers in good standing on their SunPass or E-Pass transponders who will…
Australians to get Tax Cuts and Cash Handouts to Relieve Cost of Living
March 29, 2022
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AustraliaAustralian economyAustralian federal budgetBusiness & Economyeconomyfuel exciseJim Chalmersjosh frydenbergScott Morrisontax reliefWorld
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Ten million Australians will receive a one-off $420 (US$315) tax offset to assist with the ballooning cost of living, while six million welfare recipients will get a $250 cash payment in the 2022-23 federal budget. Treasurer Josh Frydenberg unveiled the details of the anticipated “temporary, targeted, and responsible” cost of living relief package on Tuesday…
Governor Proposes Spending $12 Billion to Stimulus Payments
May 11, 2021
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Commentary California is flush with cash and Gov. Gavin Newsom is giving it away. The state found itself with about $12 billion in unexpected revenue for the current fiscal year, and Newsom announced May 10 that he wants to give all of it away. He said he wanted to fund “nearly $12 billion in direct…
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