How much could income taxes go down in Kentucky? – WKRC TV Cincinnati
FRANKFORT, Ky. (WKRC) – The Kentucky General Assembly is officially back in session, with the House moving quickly on a key priority: lowering the state's income tax rate. The House of Representatives on Thursday passed a bill with near-unanimous support that would lower the income tax rate to 3.5% in 2026. Since Republicans took control […]
IRS announces 2025 tax brackets; dozens of other provisions – WKRC TV Cincinnati
WASHINGTON (TNND) — of I.R.S. just released inflation-adjusted tax numbers for 2025, along with dozens of other provisions for next year. Usha Rackliffe, a financial expert at Emory University, said the biggest difference in 2025 compared to previous years is a 2.8% adjustment to income tax brackets. This is a significant decrease from previous years,” […]
'A temporary fix': Could property tax relief be on the way for Ohio homeowners? – WKRC TV Cincinnati
CINCINNATI (WKRC) – A group of local elected leaders called on Ohio lawmakers Thursday to take action to help families dealing with skyrocketing property taxes. State lawmakers are proposing changes to expand eligibility for property tax relief, starting with amending the home exemption program to include anyone aged 65 or older, rather than just those […]
How Project 2025 might increase your taxes, for better or worse – WKRC TV Cincinnati
UNDATED (WKRC) – Project 2025 has been much discussed over the past few months, but it’s important to understand how the plan will affect you, starting with your taxes. Project 2025 is a 900-page guide for the next Republican president to overhaul many existing government programs, including the current tax code. The current tax system […]
Tax deadline approaches: Tips to file on time, obtain extensions and avoid IRS penalties – WKRC TV Cincinnati
WASHINGTON (TND) — Taxes are expected to be paid within days. millions of americans They are expected to ask the IRS for an extension. Filing taxes can be stressful. If you Google “most hated responsibility,” paying taxes is high on the list. “One of the mistakes people make is they just feel fear and then […]