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Wisconsin's earned income credit recipients trade delays for larger tax refunds - Vimarsana News

Wisconsin's earned income credit recipients trade delays for larger tax refunds

Individuals who submit the Wisconsin earned income credit on their 2020 state income tax return submission can expect refund delays, yet possibly larger refunds. These delays are good news for taxpayers who may get a larger credit than expected due to an adjustment in how the credit is calculated on federal and state taxes, according to the Wisconsin Department of Revenue. To help offset losses many people experienced from missed income in 2020 due to the pandemic, the IRS and Wisconsin Department of Revenue are basing EIC on the greater of the taxpayer's 2019 and 2020 incomes. This tax law c...

The Mini-Midterms: Five Takeaways from Six Decades of House Special Elections - Vimarsana News

The Mini-Midterms: Five Takeaways from Six Decades of House Special Elections

The Mini-Midterms: Five Takeaways from Six Decades of House Special Elections A Commentary By Kyle Kondik Thursday, April 15, 2021 KEY POINTS FROM THIS ARTICLE — There have been nearly 300 U.S. House special elections since the mid-1950s. — These elections more often flipped against the party that holds the White House — just like what often happens to the president’s party in midterm House elections — but the president’s party has scored some noteworthy wins, too, which can cloud the predictive value of special elections. Sign up: Free daily newsletter Sign up! Six decades of s...

Parties Bash Heads on State Budget - Vimarsana News

Parties Bash Heads on State Budget

Evers budget and Republican proposals are miles apart. A compromise won’t be easy. //end headline wrapper ?> Gov. Tony Evers. File photo by Emily Hamer/Wisconsin Center for Investigative Journalism. The process of creating a state budget to fund the next two years is underway with a supposed July 1 deadline in state law. It’s often said that budgets are moral documents that lay bare the priorities of the parties crafting them. In Wisconsin, it’s not as simple as Republicans wanting to cut taxes and Democrats wanting to take care of people’s basic needs. There are cost-savings measure...

The GOP budget brain versus the Democratic budget brain - Vimarsana News

The GOP budget brain versus the Democratic budget brain

Wisconsin Examiner To cobble together a bipartisan budget, both sides need wins Democratic donkey and Republican elephant butting heads. Vector illustration. The process of creating a state budget to fund the next two years is underway with a supposed July 1 deadline in state law. It’s often said that budgets are moral documents that lay bare the priorities of the parties crafting them. In Wisconsin, it’s not as simple as Republicans wanting to cut taxes and Democrats wanting to take care of people’s basic needs. There are cost-savings measures, tax cuts and priorities that...

Federal Judge Blocks Wisconsin Taxes on Some Tribal Lands - Vimarsana News

Federal Judge Blocks Wisconsin Taxes on Some Tribal Lands

The Wisconsin State Capitol building in Madison. (Photo via Vijay Kumar Koulampet/Wikipedia Commons) MADISON, Wis. (CN) — A federal judge in Madison ruled on Friday that reservation lands held by four Chippewa tribes in northern Wisconsin cannot be taxed by the state if they have been under Indian ownership since being allotted by the federal government. In November 2018, the plaintiff tribes sued former Wisconsin Governor Scott Walker, then-Wisconsin Secretary of Revenue Richard Chandler and 11 northern Wisconsin towns and their assessors in federal court over the state’s attempts to ass...