Taxation of the newspaper is an idea that was passed into law years ago in 1936. In fact, according to an old court ruling, states like Tennessee can either tax or not tax newspapers at their discretion. But, if they tax one, the state must tax them all.
Murfreesboro is just a few days away from a potential increase in the hotel / motel tax increase.
The start of July marked another increase in the gas and diesel tax for Tennessee.
Most people do not realize that in Tennessee, 75% of the appraised value of your home is not subject to taxation. In the Middle Tennessee area there is no county with a lower tax rate...
Through combined efforts with My Free Taxes, a free online filing service, the economic impact from the VITA program has increased by ten percent over last year.
On Saturday, July 1, Gov. Haslam's IMPROVE Act will go into effect, addressing a $10.5 billion backlog in repairs and updates by prioritizing 962 projects across all of Tennessee's 95 counties.
Despite a no vote from all four State House lawmakers from Rutherford County, Governor Haslam's bill to raise the gas tax passes the lower chamber.
"The legislation seeks to raise the gas tax 6-cent-per-gallon gas tax and 10-cent-per-gallon diesel tax, raise registration fees on vehicles, increases the tax on rental car usage, and places a $100 fee on electric and hybrid vehicles, respectively..."
Tennessee tax revenues exceeded budgeted estimates in May, driven primarily by sales taxes. Department of Finance and Administration Commissioner Larry Martin announced that overall May revenues were $1.0 billion, which is $41.3 million more than the state budgeted.
Tennessee general fund tax collections are beating projections by nearly $700 million through the first nine months of the budget year.
During United Way's 2016 Volunteer Income Tax Assistance (VITA) program, more than 40 volunteer preparers completed 885 tax returns resulting in a $1,219,228 investment through tax refunds in Rutherford and Cannon counties.
The general fund was over collected by $214.1 million and the four other funds were over collected by $5.4 million. Year-to-date collections for six months were $343.9 million more than the budgeted estimate.
The United Way of Rutherford and Cannon Counties is currently seeking volunteers for the 2015 Volunteer Income Tax Assistance (VITA) program.
City property taxes are due by Dec. 31. Finance Director and City Recorder/Treasurer Melissa Wright reminds property owners to pay property taxes on time.
The first Sales Tax Holiday was August 4-6, 2006, saving Tennesseans about $15 million. Since then, Tennesseans have enjoyed $8 to $10 million in tax savings each holiday.
With less than one week left before the April 15 tax deadline, the Internal Revenue Service is...
The Internal Revenue Service will begin accepting federal income tax returns on Friday, January 31st. This date is 10 days later than the originally planned starting date of January 21st.
Every year, the Rutherford County Assessor of Property Office releases a list of the properties that have the greatest assessment, by value. That assessment, in turn, generally translates to the most property taxes paid.
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