Taxing

Federal Judge Denies Preliminary Injunction on Taxing Arizona State Rebates: What This Means for Families

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Phoenix, Arizona – Families in Arizona should include last year’s state rebate as part of their income when filing their taxes, according to a recent federal court ruling. The decision comes after Attorney General Kris Mayes’ request for a preliminary injunction to block the IRS from taxing the rebates was denied by a judge. The rebates, which were distributed to nearly 750,000 Arizona families, will now be subject to federal taxation. U.S. District Court Judge Murray Snow stated that he lacked sufficient information to determine if the court has jurisdiction over whether taxing the rebate … Read more

Jeff Davis Parish Approves 12 Enterprise Zones and Implements 2 New Taxing Districts to Boost Economic Growth

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WELSH, Louisiana – The Jeff Davis Parish Police Jury has unanimously approved the establishment of 12 enterprise zones in the parish, aimed at attracting businesses and fostering economic growth. Additionally, the police jury has created two new taxing districts along Interstate 10 to further spur development in the region. The enterprise zones will provide state tax credits to qualifying businesses in Lake Arthur, Welsh, and most of Jennings to Silverwood. These tax credits serve as incentives for businesses to create permanent and new full-time jobs, with a requirement to hire at least 50% of those … Read more