Tax Credits

Thank you, President Pro Tem Dempsey, Speaker Jones, judges of the Missouri Supreme Court, Lieutenant Governor Kinder, state officials, members of the legislature, members of my cabinet, and my fellow Missourians.  This evening it is my pleasure to be...

SPRINGFIELD, Mo --  Economic uncertainty is a large, dark cloud looming over Americans as we approach the end of the year.  As the stalemate in Washington continues, the pending fiscal cliff could mean trouble for your taxes. Some experts believe that...

SPRINGFIELD, Mo -- Child advocates are preparing for a battle in the capital to bring back tax credits. The numbers are staggering in the Ozarks. Greene County is second in the state when it comes to child abuse per capita. However, It's a problem...

WILLOW SPRINGS, Mo -- An adoption tax credit that brought big refunds to many families last year is once again helping families this year. However, it could soon go away if Congress doesn't take action. That could mean a loss of thousands of dollars to...

During tax season, We are working with tax professionals to get your questions about refunds, deductions and any other tax-related questions you might have. We recently gathered tax professionals to take your questions by phone and online.  Here are...

"Fortunately, there may be a middle-ground in which Democrats can raise revenues from higher earners and Republicans can avoid rate increases. There are some relatively simple tax changes that could be enacted for tax year 2013 to raise the same amount of...

According to the U.S. Department of Energy, some diesels in service beginning in 2006 may be eligible for a federal income tax credit. Credit amounts phase out for the auto maker once it has sold over 60,000 eligible hybrid and/or diesel vehicles. More...

As part of her push to increase Baltimore's population, Mayor Stephanie Rawlings-Blake plans to introduce legislation to the City Council next week that will provide generous tax breaks to builders of apartment buildings downtown and in six other...

A project to renovate a building in the Warfield Cultural and Commerce Center, in Sykesville, has been awarded $246,619 in state tax credits in Maryland's Sustainable Communities Tax Credit program. This week Gov. Martin O'Malley announced that five...

Tax season officially kicks off Wednesday, later than usual because lawmakers only this month passed legislation to address expired tax cuts. The IRS needed time to update its forms and systems. Not a problem for procrastinators, but a problem for...

The Board of Equalization encourages all qualifying Californians who need help with their income tax preparation to attend a free Volunteer Income Tax Assistance program event as the nation celebrates Earned Income Tax Credit Awareness Day. EITC...

This is the busiest time of year for Robin McKinney. McKinney is the director and co-founder of the Maryland Creating Assets, Savings and Hope (CASH) Campaign, which provides free tax preparation for low- to moderate-income households in the state....