tax

BOISE, Idaho (AP) — Idaho's tax revenue came up a bit short of expectations in August. Over the previous month, the state Division of Financial Management says Idaho's revenue was $197.6 million, or about 1

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Remember back in the day when on "tax filing" day there would be long lines at the post offices, bands would be playing in the streets in front of post offices and mail boxes would be jam-packed and in need of emptying every couple of hours?  Those days are gone.  The tax filing deadline came and went with hardly a notice.  Taxpayers had until midnight last night to get their tax returns to the post office for that ever-important postmark before midnight. 

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(KTVB)  April 15 is typically the day that millions of Americans rush to file their income taxes before the deadline. That isn't the case this year, as the deadline for filing taxes has moved.  April 15 fell on a Sunday this year

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Taxes are due next Tuesday which means procrastinators still have some time left to figure out if they can get a bigger refund.  Every year thousands of Idahoans rush to file their taxes to meet the deadline. This year it's on April 17.  The Idaho State Tax Commission reports that nearly half of individual tax returns have yet to be filed.  Tax preparer Tom Brown says you might want to watch out for a couple things that often get overlooked when doing your taxes. 

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(AP)  A House panel rejected a bid to raise Idaho's cigarette tax by $1.25 per pack, with Republicans  calling it social engineering. The Revenue and Taxation Committee's vote Monday was 11-5, easily defeating the bill sponsored by groups including the American Lung Association. Reps. Lenore Barrett and Vito Barbieri said cajoling people to quit by boosting a legal product's cost wasn't acceptable.

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(AP) - Gov. C.L. "Butch" Otter's proposed budget got a little boost from the latest tax revenue collections that were $6.3 million above projections. Tuesday's release of figures for January point toward continued economic strengthening.

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A new bill drawn up by a Moscow representative is sparking conversation.  Democrat Shirley Ringo introduced House Bill 354 and said it could put $400 million into the state's general fund so things like the cost for tuition at Idaho’s colleges and universities don’t go up. 

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A coalition of Idaho health groups is vowing to try once again to convince lawmakers to raise the state's tax on tobacco. And like last year, those groups have the backing of Rep. Dennis Lake, chairman of the House Revenue and Taxation Committee

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Top Story Podcast 4/18/11: Fixing the broken taxing system. How would you fix it? Flat tax? FAIR Tax? Keep it the same? Abolish taxes?
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Looking for an older show? Check the Top Story Podcast Archive.

If you waited until the last minute to file your taxes, that minute is here. Taxes are due in the mail by midnight. The United States Postal Service will continue to postmark tax forms until 11:59 p.m. tonight.

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