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On Feb. 1, the Washington State Department of Revenue (DOR) launched the Working Families Tax Credit (WFTC), which is a credit that gives individuals and families $50 to $1,200 depending on ...
Business and occupation tax. The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2]
Washington Initiative 732 (I-732) was a ballot initiative in 2016 to levy a carbon tax in the State of Washington, and simultaneously reduce the state sales tax. It was rejected 59.3% to 40.7%. [1] The measure appeared on the November 2016 ballot. [2] The backers of I-732 submitted roughly 350,000 signatures in December 2015 to certify the ...
The law, sponsored by Rep. April Connors, R-Kennewick, exempts developers from the state's 12.84% leasehold excise tax when they commit to renting or leasing units built on transitional lands to ...
t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
But in a 5-4 decision the following year, the state Supreme Court struck it down, ruling that a tax on income was a tax on property — and the state Constitution says property taxes must be ...
Running Start is a dual credit enrollment program in Washington, Hawaii, New Hampshire, Montana and Illinois [1] which allows high school juniors and seniors to attend college courses numbered 100 or above, while completing high school. It is similar to other dual enrollment programs common at public and private colleges and universities in ...
Common federal tax credits include: Child tax credit. Child and dependent care credit. Earned income tax credit. Adoption credit. Residential energy credit. Electric vehicle credit. Premium tax credit
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