Monday may have been Tax Day across the country but Governor Greg Gianforte has extended the filing deadline for Montana state taxpayers to file. Northern News Network’s Eric Young reports.
Montana Ranked 8th As Least Tax-Burdened State In U.S.
With Tax Day April 18th and 81% of Americans thinking the government doesn’t spend their tax dollars wisely today Wallet Hub released its 2022 tax burden by state report. Montana ranks 43rd based on property taxes individual income taxes and sales and excise taxes as a share of personal income. The personal-finance website compared the 50 stat...
Former State Lawmaker Makes Case For Capping Property Tax Rates
Signature gathering continues to put Constitutional Initiative 121 on the November ballot for voters to decide on. Former state legislator Mathew Monforton one of the leaders of the CI-121 ballot initiative recently on Voices of Montana explained why his group feels this will help alleviate the growing property tax burden.
AG Knudsen Sees Further Marijuana Regulation Ahead
Recreational marijuana may be legal across Montana now but that doesn’t mean it’s laws and regulations are set in stone. Attorney General Austin Knudsen recently said it will likely take years of adjusting before Montana has a real handle on it.
Bozeman Organization Highlights Tax Credit Change
Eligibility for the Earned Income Tax Credit has been expanded because of the pandemic and a nationwide campaign called “Get It Back” is working to make people aware of it. Dean Williamson with the Human Resources District Council in Bozeman says the first hurdle is getting people to file their taxes.
IRS Ditching Facial Recognition Tax Verification
The Internal Revenue Service will reverse a decision to require taxpayers to provide facial recognition data through a third-party vendor to access some tax services and instead will work toward providing an alternative form of verification. Senator Jon Tester recently came out opposing the initial decision citing privacy concerns and potentia...
New Study Finds Most Tax-Friendly Montana Cities For Retirees
To help pre-and post-retirees with benchmark data, financial information website SmartAsset found the most tax-friendly cities for retirees in Montana. Northern News Network’s Eric Young.
Free Tax Assistance Available To Vulnerable Montanans
Tax season is here and Montanans have options for receiving help possibly for free. Tax Help Montana helps older folks and families with low-to-moderate incomes. Chastity Roofner directs Rural Dynamics’ Tax Help Montana program. She says tax season is a good time to anticipate what changes there might be to your taxes in 2022 and also to cons...
Tax Assistance Available To Rural Montanans
It’s tax season and free aid is available to many Montanans. Chastity Roofner directs Rural Dynamics’ Tax Help Montana program which helps older folks and families with low-to-moderate incomes. She says this year there are a number of changes including expansion of the earned income tax credit. People can use past income if their wages h...
Fifteen Tax Credits To Expire After 2021
Fifteen Tax Credits will no longer be available to claim by Montana taxpayers after the 2021 tax year. Northern News Network’s Eric Young reports the Alternative Energy System Credit is among those that were repealed during this year’s legislature. https://northernbroadcasting.com/wp-content/uploads/2021/12/12-30_1137.mp3