The proposed increase for the meals tax - which currently sits at 5.5% - could range from anywhere between 1-1.5% while the property tax could go up by 7.5%.
Justin Smith from Neely’s accounting joined 10 News Anchor John Carlin in the studio Wednesday and gave tax advice and tips for senior citizens. Watch the full interview here.
As tax season approaches, WSLS 10 News is here to help you with our newest series, “It’s Your Money,” sponsored by Neely Accounting. Tune in every Monday and Wednesday at 5 p.m. and 7 p.m. from March 5 through April 9.
From groceries to gas, we all know that the cost of living is high and now Governor Glenn Youngkin wants to do something about it to help he’s proposing an exemption on tips from someone’s state income taxes, if they work in food service, hospitality, or personal service.
The Henry County Board of Supervisors voted on Tuesday to balance its fiscal year budget through use of the county’s general fund reserves instead of increasing real estate taxes.
Real estate assessments in Buena Vista have soared, leaving homeowners shocked and worried about the implications of higher taxes on their financial well-being.
The Montgomery County Board of Supervisors will vote on the “proposed budget” Monday. People are upset there because of the potential increase in real estate tax.
The clock is ticking on the deadline to file your federal taxes. However, if you haven’t started, there is no need to panic. You still have a little bit of time left to get everything done.
Ohtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.
Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.
People in Bedford County may have to pay more in real estate taxes and county leaders are planning $55,000,000 worth of improvement projects they say will attract more people to the area.
Montgomery County leaders want to hear from the public about how money is spent, and the board of supervisors is holding a public hearing.
If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?
