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All motor vehicle property taxes due in 2024 but paid in 2023 may be claimed as a credit on a taxpayer’s 2024 income tax return. This issue first came up when the legislature proposed doing away with the personal property tax as a tax reduction measure, but county officials voiced concern about the loss of revenue.
Continue Reading Take Me to More NewsA provision in House Bill 2526, the personal income tax reduction law passed earlier this year, allows taxpayers to receive a credit on their income taxes for paying their county level personal property taxes. But that is causing confusion for many.
Continue Reading Take Me to More NewsGov. Jim Justice’s effort to reduce the personal income tax by 10 percent stalls in the state Senate.
Continue Reading Take Me to More NewsWest Virginia lawmakers are hoping for a more normal legislative session in 2022 with some relaxed COVID-19 protocols at the statehouse. There’s also renewed hope to reduce or eliminate the personal income tax.
Continue Reading Take Me to More NewsWhile any 60-day legislative session focuses on the hundreds of bills introduced and considered, Republican supermajorities this year helped push three proposed constitutional amendments to the ballot for voters to ponder.
Continue Reading Take Me to More News
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