Home » Tag Archives: taxes

Tag Archives: taxes

School district says tax bump will supplement teacher pay

A Mississippi school district is requesting a local tax increase to give teachers a pay supplement. WAPT-TV reports the Rankin County School Board advanced the plan Wednesday to give teachers an extra $1,300 a year. County supervisors must approve the request. The supplement will be in addition to the $1,500 raise that Mississippi lawmakers approved for all teachers in the ...

Read More »

Mississippi sees revenue increase in most recent budget year

Mississippi government collected nearly 5% more money during the state budget year that recently ended than it did the previous year. Newly released information from the Legislative Budget Office shows that’s an increase of about $278 million. Total state revenue was nearly $6 billion during fiscal 2019, which ended June 30. It was about $5.7 billion in 2018. Most of ...

Read More »

McComb considers property tax increase to improve streets

A Mississippi city could increase its property tax rate a few dollars a year to pay for street improvements. The Enterprise-Journal reports McComb officials have already set a tax increase to pay for a gymnasium, so the increase for roads would be the second one. Mayor Quordiniah Lockley says to eliminate pot holes, the city needs to pave. And to ...

Read More »

Need help with taxes? Here’s where to turn for info, help

It’s tough to know all the answers at tax time, particularly in a year with massive tax law changes. Sometimes people need help, but where should they turn? Here are a few options: IRS The IRS has answers to most tax questions online. Its website also has a number of tools to help you find what you need, including an ...

Read More »

BILL CRAWFORD: What a disappointing tax season

Started your tax return yet? I have and it’s so disappointing. I had looked forward to the simpler, easier tax filing promised by President Donald Trump’s tax cuts. Take the increased standard deduction and forget all that work to compile medical and dental expenses, taxes paid, interest paid, charitable contributions, and so on. This was going to be a breeze. ...

Read More »

Mississippi cities approve tax increases for parks, tourism

Voters in two Mississippi cities have approved a sales tax to raise money to provide tourism services. WLBT-TV in Jackson reported that voters in Pearl have approved a 1 percent sales tax increase on restaurant bills and a 3 percent tax on hotel bills. Pearl Mayor Jake Windham said the money will be used for a new pavilion at a city ...

Read More »

Jury out on whether tax cuts have resulted in more investing

By BECKY GILLETTE The recent GOP tax cuts have put more money in the pockets of some workers who are now having less federal tax deducted from their paychecks. And some taxpayers such as those with Subchapter S corporations might end up with a windfall because of changes in the tax law. It has been estimated that three quarters of ...

Read More »

Time to look ahead at 2019 tax year

By CALLIE DANIELS BRYANT Pencils down. Papers filed. Tense shoulders can now relax – we’re a month past the 2018 tax deadline, unless your tax return was smaller than hoped, or worse, you owe IRS.  It’s never too early to plan ahead on how you can have a better tax season by 2019’s deadline, so we spoke to accountants and ...

Read More »

JOHN FLETCHER: Internet sales tax gets its day in court

» Supreme Court hears arguments in major case challenging Quill Like kids queuing for the next iPhone or Star Wars episode, state and local tax experts from across the country last week camped out overnight to witness U.S. Supreme Court arguments in the internet sales tax case, South Dakota v. Wayfair.  The online seller, along with Overstock.com and Newegg, challenged ...

Read More »