State Tax News

Property Tax Rates Hinge On Values

Wed, 23 May 2012 12:57:24 GMT

Will your property taxes be going up or down next fiscal year? It may depend on where you live and the area's taxable property values. While Avon Park City Manager Julian Deleon believes the property tax rate there can be lowered, Lake Placid...

HART Suggests Using Sales Tax to Pay for Expansion

Wed, 23 May 2012 12:59:51 GMT

Hillsborough transit planners have proposed a fare increase and service cuts to make up a budget deficit during the next five years. But looking ahead, HART leaders are now considering expansion of the system to keep pace with a growing number...

Gator Bowl Will Increase Team Payout to $7 Million

Wed, 23 May 2012 13:01:10 GMT

The Gator Bowl Association will increase its total team payout to $7 million, up from $5.4 million, in an attempt to land a more financially attractive team from the Southeastern Conference for its annual game. Rick Catlett, association...

Florida: A 21st Century state With a 20th Century Tax System

Wed, 23 May 2012 13:04:59 GMT

Amid a fourth straight year of budget shortfalls, signs of fraying in Florida's tax system abound. Money for each of Florida's 2.7 million public school students this fall will be at its second-lowest level in eight years. Only last year was...

Owners Upset With New Law for Tax Appeals

Mon, 21 May 2012 16:50:38 GMT

Hundreds of South Florida property owners who wanted to appeal their tax bills are out of luck because they didn't pay first. Rejection letters have been sent to nearly 400 property owners in Palm Beach County and 1,200 in Broward because they...

Thor Renewable Energy Wants to Expand Brevard Operations

Mon, 21 May 2012 16:22:26 GMT

A biofuels company wants to significantly expand its Brevard County operations, adding 70 jobs and making a $41 million capital investment in the area. But, first, Singapore-based Thor Renewable Energy Inc. is looking for tax breaks from the...

Businesses Assume Bigger Share Of Property Taxes

Mon, 21 May 2012 16:23:36 GMT

The silver lining in Florida's housing slump: For snowbirds and full-time residents, property taxes are down $5 billion over the last three years. The dark cloud: The share of property taxes paid by businesses has risen nearly 20 percent. For a...

New Everglades Cleanup Could Cost $880 Million

Mon, 21 May 2012 16:25:00 GMT

Florida's revamped plan to restore the Everglades could soak taxpayers for another $880 million to save the famed River of Grass, according to estimates released Thursday. The state already has spent $1.8 billion to stem water pollution, but...

States Expand Definition Of ‘Nexus’ for Taxes

Mon, 14 May 2012 18:43:52 GMT

State tax officials are expanding their concept of what constitutes a taxable economic presence in their state as more economic activity moves online.

Abortion Becomes a Tax Issue In Kansas House Bill

Fri, 11 May 2012 13:36:06 GMT

The Kansas House passed a bill Monday that would further restrict abortion by rewriting state tax law. "Nobody on the state level has gone through their tax code in this manner," said Elizabeth Nash, a state issues manager for the Guttmacher...