Some disabled veterans in Idaho are eligible to have their property tax bill reduced by as much as $1,320 on their home and up to one acre of land. To qualify, veterans must be rated 100-percent service-connected disabled through the U.S. Department of Veterans Affairs (VA). They also must own and live in an Idaho home that was their primary residence by April 15, 2019. “We are honored to implement this new program and help our Idaho veterans,” said Pam Waters, coordinator of Property Tax Relief programs for the Idaho State Tax Commission. Disabled veterans can get an application for the new property tax benefit on the Tax Commission’s website or from their county assessor. They’ll need to include a letter from the VA confirming their 100-percent service-connected disability rating as of Jan. 1, 2019. The county assessor must receive the application by April 15, 2019. Veterans with a 100-percent service-connected disability also might be eligible for additional … [Read more...] about Idaho State Tax Commission: New property tax benefit available for 100-percent disabled veterans
State tax commission
Questionable Baton Rouge property assessments under review by state tax commission
The Louisiana Tax Commission is reviewing the tax assessments of more than a dozen commercial properties in East Baton Rouge Parish that are assessed significantly below their most recently recorded sale price, resulting in a potential loss of millions of dollars to the cash-strapped parish government. Louisiana Tax Commission Chairman Lawrence E. Chehardy declines to discuss details of the review but stops short of calling it a “reassessment” or “reappraisal.” Rather, he says, LTC staff appraisers are simply “reviewing the properties cited in the story.” Chehardy says it’s the first time he’s aware of and certainly the first time during his tenure on the commission that the LTC has conducted such a review. In a July cover story, Business Report analyzed the assessments of more than a dozen of the largest commercial transactions in the parish between 2014 and 2016—deals that occurred several years ago and should have been updated by … [Read more...] about Questionable Baton Rouge property assessments under review by state tax commission
State Bond Commission to Vote on $10M Toll Study
The State Bond Commission is voting Wednesday on whether or not to spend $10 million to study tolls in Connecticut. Gov. Dannel Malloy is pushing for the toll study, despite not having enough support from Republicans or Democrats in the legislature. Now it's up to the 10 members of the State Bond Commission, which includes the governor, to vote on spending the $10 million for the study. State Treasurer, Denise Nappier already said she plans to abstain from Wednesday's vote. She said she feels like there should be a broader study that looks at all of the resources that could be used to fund roads, not just a study focused on tolls. The State Comptroller, Kevin Lembo, also already spoke out and said he will not support this. He said he feels legislators need to approve this level of spending. 'Vomit Fraud' Could Increase the Cost of an Uber Ride, Some Say The $10 million study would order the Department of Transportation to assess tolls and their environmental impact on several … [Read more...] about State Bond Commission to Vote on $10M Toll Study
Trump Foundation investigated over possible N.Y. state tax law violations
Joseph Spector Albany Bureau Published 5:30 p.m. UTC Jul 19, 2018 ALBANY, N.Y. – The Cuomo administration has opened an investigation into whether the Trump Foundation may have violated state tax laws amid ongoing questions over the foundation's activities. The probe comes amid political pressure from Gov. Andrew Cuomo's Democratic foes to more aggressively consider criminal action against the Trump Foundation after state Attorney General Barbara Underwood last month filed a civil suit against the foundation. Cuomo's office confirmed the investigation Thursday, saying it is being headed up by the state Department of Taxation and Finance and could involve other state agencies. The findings could be sent to the Attorney General's Office or local prosecutors for criminal action. The investigation also comes amid an ongoing debate over whether the Cuomo administration should have already given the Attorney General's Office a referral to criminally … [Read more...] about Trump Foundation investigated over possible N.Y. state tax law violations
Long-awaited property tax commission announced; no Islanders included
STATEN ISLAND -- Mayor Bill de Blasio, along with City Council Speaker Corey Johnson, announced the creation of a long-awaited property tax advisory commission Thursday, but missing on the commission are Staten Islanders. The commission will look at how to make the property tax system "simpler, clearer, and fairer," while at the same time ensuring there is no reduction in revenue used to pay for key city services. NYU Law Professor Vicki Been and Marc V. Shaw, the interim chief operating officer for CUNY, will co-chair the commission, along with five other members. Together, they will hold 10 public hearings to get input from city residents. "To be the fairest big city, you need a fair tax system,'' De Blasio said in a statement. "For too long, New York City taxpayers have had to grapple with a property tax system that is too opaque, too complex, and just feels unfair. New Yorkers need property tax reform, and this advisory commission will put us on the road to achieve … [Read more...] about Long-awaited property tax commission announced; no Islanders included