
GOP plan could mean lower taxes for Missourians
Missourians could find themselves with more money in their pockets if proposed federal tax changes make it through the Senate.
Missourians could find themselves with more money in their pockets if proposed federal tax changes make it through the Senate.
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?
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
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
COLUMBIA, Mo. (KMIZ) After winning in the November election, Mike Kehoe will serve as Missouri’s 58th governor next year. Kehoe had served as lieutenant governor since 2018, after he was appointed by Gov. Mike Parson in 2018 and won the seat in the 2020 election. Prior to that, he served in the Missouri Senate. Kehoe
COLUMBIA, Mo. (KMIZ) Income tax changes may be on the table during the 2025 session after six Missouri senators prefiled bills that propose setting a flat tax for the state to ultimately eliminate income tax. Missouri currently has a tax rate of 0.5% for every $1,273 of annual taxable income. This rate caps out at
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
COLUMBIA, Mo. (KMIZ) Applications are open for Boone County’s property tax exemption for seniors. Applications are available on Boone County’s website. Applications can also be picked up in person at the Boone County Collector of Revenue’s Office on the first floor of the Boone County Government Center. A state law allowing a property tax freeze for seniors
Another April, another election full of use taxes and sales taxes.