taxes

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The conservative group Americans for Tax Reform is informing Tennessee lawmakers that a vote for Gov. Bill Haslam's road funding proposals will not violate their pledges to not raise taxes. 

The nation's roads, bridges, airports, water and transit systems are in pretty bad shape, according to the civil engineers who plan and design such infrastructure.

The new report card from the American Society of Civil Engineers gives the infrastructure of the United States a D-plus.

Ryland Barton

Opponents flooded a town hall event held by U.S. Rep. Andy Barr in Mt. Sterling early Wednesday morning. The group booed, shouted down and at times hissed at Kentucky’s 6th district congressman over his stances on cutting corporate taxes, repealing the Affordable Care Act and scaling back the Environmental Protection Agency.

As Republicans move to overhaul the health law, should people bother paying the penalty for not having health insurance when they file their taxes this year? Or will they be able to sign up on the exchange for 2018 after their COBRA benefits end?

Here are some answers to recent questions from readers.

I didn't have health insurance for part of last year and thought I'd get stuck paying a penalty. Now the new administration is talking about not enforcing the insurance requirement. Could I really be off the hook at tax time?

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Kentucky state government is working to make small businesses aware of a tax saving program for those who expand their companies. The Kentucky Office of Entrepreneurship is holding public meetings statewide for small business owners on how to qualify for the small business tax credit. 

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Tennessee general fund tax collections are beating projections by nearly $700 million through the first month of the budget year. 

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State officials in Kentucky collected more than $1 billion dollars in taxes in April, setting a record high. 

Illinois Gov. Pat Quinn says there's nothing wrong with waiting until the last minute to file tax returns.

Quinn says in the past he has even been guilty of coming right up against the deadline. Today is the final day to file 2012 tax returns. Quinn says paying taxes isn’t fun, but it's the price of living in a democracy.

Tax Amnesty Deadline is November 30

Nov 8, 2012
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Kentucky’s tax amnesty program has brought in thousands of payments, and the state expects more before the Nov. 30 deadline. The amnesty allows delinquent taxpayers to pay back taxes without penalties, and cuts interest amounts by half. Finance and administration secretary Lori Flanery says taxpayers save 30 percent on average with amnesty.