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The official start date for electronic filing of tax year 2023 Kentucky returns began Jan. 23, according to the state's tax office. The Internal Revenue Service will begin accepting and processing ...
The individual income tax rate in Kentucky is set to drop again at the start of 2026. Republican leaders in the General Assembly announced this week that the state’s budget has hit the required ...
The Kentucky state budget has met the requirements for another cut to the personal income tax. If approved by the General Assembly next year, the state personal income tax rate would drop from 4% ...
These uncertain tax positions may be the result of unclear tax law or uncertainties regarding their own circumstances. Because of the difference in treating the uncertainties, the Financial Accounting Standards Board (FASB) issued in 2006 Interpretation No. (FIN) 48, “Accounting for Uncertainty in Income Taxes” to standardize the accounting ...
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
Kentuckians saw their income taxes reduced from 5% to 4.5% as the new year began. The Kentucky House just voted 79-19 to lower it again on Thursday – this time to 4% starting next year.
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Portsmouth is a city in and the county seat of Scioto County, Ohio, United States. [5] Located in southern Ohio 41 miles (66 km) south of Chillicothe, it lies on the north bank of the Ohio River, across from Kentucky and just east of the mouth of the Scioto River.