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Ohio tax cut delay means less cash for taxpayers
13 hours ago ago from U.S. News
Ohio tax cut delay means less cash for taxpayers COLUMBUS, Ohio (AP) -- Ohioans will pay more in 2009 taxes than expected because a budget compromise expected to clear the Legislature on Thursday delays the last in a series of tax cuts begun four years ago. The agreement delays a scheduled income tax cut to fill an $850 million budget gap while preserving state funding to school districts, which would have taken a hit if it had gone ...
Related contentEstate Tax Is Expiring, but Death Won’t Last
8 hours ago ago from The New York Times
WASHINGTON A Congressional tax standoff has opened a window of opportunity for wealthy Americans determined to avoid paying up post-mortem. Blog With lawmakers unable to agree on a year-end fix for a quirk in the Bush-era tax cuts, the federal estate tax is set to be repealed for one year as of Jan. 1, meaning that those who suffer a timely death could escape the usual certainty of taxes. If you are at the checkout ...
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