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Columbia city council to hear proposal for sales tax increase to fund public safety

COLUMBIA, Mo. (KMIZ) Columbia city council members will hear a presentation on Monday proposing a one-percent sales use tax to help generate funds for fire and police services. A presentation scheduled for a pre-council meeting on Monday showed the tax would generate an estimated $38 million in additional revenue for the city. According to the

QUESTION OF THE DAY: Would you support a flat state income tax?

Missouri lawmakers have begun to consider bills to further one of Gov. Mike Kehoe’s biggest priorities — cutting taxes. A committee on Tuesday considered a bill that would implement a flat income tax in Missouri, instead of a graduated tax that takes a higher percentage of higher incomes. Do you support a flat income tax?

Tax bills come before Missouri House committee as advocates lobby for cuts

COLUMBIA Mo. (KMIZ) Rep. Bishop Davidson (R-Greene County) presented House Bill 100 to a special committee on tax reform Tuesday in hopes of implementing a flat 4% income tax rate in the state and getting one step closer in fully eliminating income tax. If HB 100 gets implemented, starting in 2027, the 4% flat tax

The Biden administration has pledged to raise taxes only on those who earn more than $400

Officials warn taxpayers of scams as tax filing season is underway

COLUMBIA, Mo. (KMIZ) As the IRS is expecting to receive more than 140 million individual tax returns this season, the Better Business Bureau is telling taxpayers to be aware of potential scammers looking to interfere with filing. The BBB reports that tax scams are the most common form of fraud reported to the bureau with

Missouri’s annual sales tax holiday offers relief for back-to-school shopping

COLUMBIA, Mo. (KMIZ) Missouri’s annual back-to-school sale tax holiday is underway, making certain school supplies, computers, and clothing exempt from all state and local sales taxes during a 72-hour window.  The sales tax holiday began Friday morning at 12:01 a.m. and will run through midnight Sunday, Aug. 4. A state law that went into effect