Vermont property tax rates set to rise despite ‘sizable’ surplus from education fund – | Vette Leader

Pupils board a bus at Crossett Brook Middle School in Duxbury on September 16, 2022. Photo by Glenn Russell/VTDigger Vermont’s Education Fund, the pot of money that funds the state’s schools, has a nearly $64 million surplus. But despite this windfall — driven largely by lower-than-expected special education spending and leftover funds from the previous … Read more

Charters want a bigger chunk of proposed $824 million in new taxes for IPS – Chalkbeat Indiana | Vette Leader

Charter school leaders are asking Indianapolis Public Schools to share a larger portion of the proposed approximately $824 million in new property tax revenue that voters will decide on in May. Executives from 52 district-affiliated and independent charter schools argued Friday that the annual amount from the tax proposal that IPS has offered to share … Read more

Taxes rise as fire districts consolidate, but response times and services will improve – WANE | Vette Leader

ALLEN COUNTY, Indiana (WANE) – Southwest Fire Department chief Don Patnoude tells the same story as every other fire chief in the county. Rescue operations have doubled or tripled in the last 10 years, volunteer firefighters and paramedics are hard to find these days, and equipment costs have become prohibitive. Imagine a fire truck that … Read more

Donald Trump knew of tax fraud at his company, prosecutors claim – The Washington Post | Vette Leader

Comment on this story comment NEW YORK — Donald Trump was aware of a 15-year tax fraud committed by longtime executives at his eponymous company, a prosecutor argued Friday, The illegal activity ended when the company cleaned up its business practices around the time Trump entered the White House. At the end of the Trump … Read more

IRS reminds Americans who make over $600 from PayPal, Venmo or Cash App transactions to report earnings – CNBC | Vette Leader

If you use third-party payment platforms like PayPal, Venmo, or Cash App to collect payments for your side job or business, the Internal Revenue Service (IRS) wants to remind you to report payments of $600 or more. This rule is for people who have a sideline, small business, or part-time job. So if you’re just … Read more

INFB’s 2023 priorities include rural viability, energy, taxation and food security – | Vette Leader

news INFB priorities for 2023 include rural viability, energy, taxes and food security The Indiana Farm Bureau will focus on rural viability, energy, taxation and food security in the upcoming 2023 legislative session. Andy Tauer is the executive director for public policy. “The Indiana Farm Bureau Board of Directors recently approved its policy focus areas … Read more

Prosecutor: Evidence Shows Trump ‘Explicitly’ Authorized Tax Fraud – The Associated Press – en Español | Vette Leader

NEW YORK (AP) – In the end, it wasn’t a last-minute smoking gun, but a prosecutor who insisted evidence shows Donald Trump knew of a plan hatched by executives at his Trump organization to get the payment Avoiding millions of dollars worth of personal income taxes in company-paid perks. After telling jurors Thursday that Trump … Read more

Does the child allowance reduce child poverty or does it discourage people from working? -Forbes | Vette Leader

Beautiful black mother hugging little girl sitting on couch with copy space. Cute daughter hugs … [+] african american mother and smiling together. Happy latin mother joking and playing with her child at home. getty A key subtext of the debate over whether to restore the expanded version of the Child Tax Credit (CTC) for … Read more

Trump “explicitly sanctioned” tax fraud, says prosecutor – Rolling Stone | Vette Leader

Donald Trump “explicitly sanctioned tax fraud” when he gave the green light to a pay cut for an executive that would offset the cut with untaxed benefits, Manhattan prosecutors alleged on Friday. Joshua Steinglass made the allegation on the second day of his closing arguments in the criminal tax fraud trial against several Trump companies. … Read more

Here are the cars that qualify for the $7500 EV Tax Credit under the Inflation Reduction Act – | Vette Leader

The Inflation Reduction Act, the most important climate protection law, was signed today and changes the availability of tax credits for electric vehicles. Now only EVs assembled in North America qualify for the credits. Today, the U.S. government released a tentative list of which vehicles are currently eligible for the $7,500 EV tax credit. The … Read more