Stories tagged: taxes
Fri., Nov. 11, 2016, 8:20 p.m.
What Donald Trump’s win could mean for the average consumer
During his presidential campaign, Donald Trump proposed sweeping changes that could have huge implications for the average American’s finances. Since winning the election, Trump has yet to release many specifics …
Fri., Nov. 11, 2016, 4:46 p.m.
Spokane marijuana industry more concerned about local policies than what Trump might do
The question marks surrounding President-elect Donald Trump’s victory Tuesday extend to Washington’s marijuana industry.
Thu., Nov. 3, 2016, 2:35 p.m.
Study: Obama tax hikes on rich didn’t hurt economy or the wealthy
President Barack Obama’s 2013 tax increases for wealthy Americans neither slowed their income growth nor hurt the economy, according to a study that taps into a key debate in the …
Thu., Nov. 3, 2016, 10:55 a.m.
Victims of stolen tax refunds down 50 percent this year, IRS says
The number of people who reported having phony tax returns filed in their names fell by more than 50 percent this year from 2015, the Internal Revenue Service said Thursday.
Tue., Oct. 4, 2016, 12:58 p.m.
Did Donald Trump really earn only $6,108 in wages in 1994?
The bombshell leak of portions of Donald Trump’s 1995 tax returns show that he declared a minuscule wage income that year for a man of his wealth and corporate responsibilities.
Mon., Oct. 3, 2016, 4:10 p.m.
Trump says he ‘brilliantly used’ tax laws to his advantage
Donald Trump addressed the intense national scrutiny of his taxes Monday, saying at a rally here that he “brilliantly used” tax laws to his advantage.
Sun., Oct. 2, 2016, 2:46 p.m.
Trump hopes to revive campaign after tax discovery caps a week of ‘self-sabotage’
Donald Trump’s campaign, reeling Sunday after a report that the business mogul may not have paid taxes for as many as 18 years after declaring a $916 million loss on …
Sat., Oct. 1, 2016, 8:21 p.m.
Trump could have avoided paying taxes for 18 years, report says
Donald Trump declared a loss of $916 million on his income tax returns for 1995, and – because of tax rules that favor wealthy real estate investors – he could …
Tue., Sept. 27, 2016, 11:14 a.m.
IRS to eliminate more than 7,000 jobs as fewer people file paper tax returns
In Covington, Kentucky, a small city of 40,000 just outside Cincinnati, times could be better. Median household income is just around $35,000. Twenty percent of the population doesn’t have health …
Mon., Sept. 19, 2016, 6:01 p.m.
Trump tax plan may cost $1.5 trillion more than he says
Donald Trump’s tax plan may cost $1.5 trillion over the next decade more than he has projected and skew even more to the wealthy, according to a nonpartisan analysis released …
Thu., Sept. 15, 2016, 10:45 a.m.
Republican deal averts vote on impeaching head of IRS
A last-minute deal between conservatives and GOP leaders in the House averted votes expected Thursday on a measure to impeach the commissioner of the IRS.
Thu., Sept. 15, 2016
Valley looking for new funding source for roads
With decline of landlines, Spokane Valley faces a tough reality: Switch utility tax to natural gas or power, or run out of road maintenance funds.
Wed., Sept. 14, 2016, 1:30 p.m.
Crowdfunding campaign will donate $6 million to vets if Trump releases tax returns
A 26-year-old Marine Corps veteran has launched a crowdfunding campaign that he says will donate $6 million to veterans organizations if Donald Trump releases his tax returns. The campaign, which …
Sat., Sept. 10, 2016, 11:33 a.m.
Court rules income tax measure can appear on ballot
The Court of Appeals has ruled that a ballot measure to create an income tax for some city of Olympia residents should appear on the November ballot.
Sun., Sept. 4, 2016, 6:43 a.m.
G-20 economic summit opens amid sluggish growth, trade disputes
Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid …
Sun., Sept. 4, 2016, 5:29 a.m.
Pence to release tax returns next week; no word on release by Donald Trump
Republican vice presidential hopeful Mike Pence is ready to release his tax returns. But don’t expect the same from Donald Trump.
Wed., Aug. 31, 2016, 12:39 p.m.
Apple’s tax fight could spur congressional action, treasury secretary says
U.S. Treasury Secretary Jacob Lew is criticizing a European ruling that Apple owes more than $14.5 billion in back taxes. He says the decision may spur Congress to finally address …
Wed., Aug. 31, 2016, 6:21 a.m.
Lewiston firm Presnell Gage notifying clients of information hacks
Lewiston-based accounting firm Presnell Gage is in the process of notifying about 100 individuals or companies that their information may have been hacked during a data breach in the past …
Thu., Aug. 25, 2016, 7:55 a.m.
Judge rules Olympia income tax measure invalid
A superior court judge has ruled that a ballot measure that would create an income tax for some city of Olympia residents was invalid and would not appear on the …
Tue., Aug. 23, 2016, 12:22 p.m.
Deficit increase after years of declines, new estimate indicates
A new government report released Tuesday blames lower-than-expected tax revenues for a spike in this year’s budget deficit to $590 billion. That’s an increase of about one-third over last year’s …
Mon., Aug. 22, 2016, 4:50 p.m.
Oregon collects $25.5M in marijuana taxes
Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July.
Tue., Aug. 9, 2016, 10:42 a.m.
Whitman County accounting errors create $150K shortfall
The Whitman County Commissioners must find a way to deal with a 2016 budget shortfall of about $150,000 that is the result of a series of recently discovered accounting errors.
Sun., July 17, 2016
Liberty Lake, Airway Heights asking for bonds to build recreation centers
Airway Heights and Liberty Lake residents will soon vote on $25 million worth of construction bond measures. Airway Heights voters will decide on $13 million recreation center, and voters in …
Fri., July 15, 2016, 3:38 p.m.
Trump demanded VP candidate tax returns despite keeping his own private, Gingrich says
Donald Trump told an interviewer in May that the income taxes he pays are “none of your business.” But for candidates who were auditioning to be his vice president, similar …
Wed., July 13, 2016, 12:02 p.m.
Olympia to challenge income tax initiative
The Olympia City Council will challenge a proposed initiative that would create a city income tax in Washington state.
Sat., July 9, 2016
Candidates spin budgetary yarns
The Committee for a Responsible Federal Budget recently issued an analysis of the promises of Clinton and presumed Republican nominee Donald Trump, and how they would impact the national budget …
Fri., July 8, 2016, 3:03 p.m.
IRS urges tax preparers to protect against identity theft
The Internal Revenue Service is urging tax preparers to protect against the theft of their clients’ data.
Mon., July 4, 2016, 9:26 a.m.
Britain plans to cut corporation tax to hold onto business
Britain’s Treasury chief plans to cut U.K. corporation tax to less than 15 percent to encourage companies to invest and ease business concerns about the country’s vote to leave the …
Tue., June 21, 2016, 6:29 p.m.
Feds will use tax penalty data to find uninsured millennials
With time running out for the Obama administration to prove the success of the Affordable Care Act, officials are aggressively targeting a group that could help turn things around: young …
Wed., June 15, 2016, 12:25 p.m.
Consumers make state revenue picture brighter
Revenue projections for the state are up for the next three years.