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Tag: taxes

Tax Filing Deadline Is Today

Tax Filing Deadline Is Today

(St. George, UT) — Today is the deadline for Utahns to file their taxes. The Internal Revenue Service says taxpayers need to file their federal income tax return or request an extension. Officials noted there is a free option to file electronically with the IRS if their adjusted gross income […]

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Utah Governor Unveils Budget Proposal

Utah Governor Unveils Budget Proposal

(Salt Lake City, UT) — Utah Governor Spencer Cox is unveiling his budget proposal for the next fiscal year. Cox announced the 30-point-six-billion-dollar budget earlier today at the William E. Christoffersen Salt Lake Veterans Home. One of the main provisions in the budget is the elimination of state taxes on […]

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Tax Increase Approved To Fund New Jail

Tax Increase Approved To Fund New Jail

(Cedar City, UT) — A new sales tax increase is going into effect in Iron County later this year. Commissioners approved the point-three percent hike last week which will be used to help fund a new jail. Officials expect it to bring in more than four-million dollars per year. The […]

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Utah Named “Most Affordable State” In New Report

Utah Named “Most Affordable State” In New Report

(Salt Lake City, CO) — A recent report by USA Today Homefront names Utah as the most affordable state in the U.S. The study takes multiple factors into account, including money spent on groceries, gas, taxes, housing, and health care. Health care is lower in Utah compared to other states, […]

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Cox Unveils Biggest-Ever Utah Budget

Cox Unveils Biggest-Ever Utah Budget

(West Haven, UT) — Governor Spencer Cox on Tuesday unveiled the biggest state budget proposal in Utah’s history. The spending plan totals 29-and-a-half billion dollars. Cox wants the state to spend some of that money on making child care more accessible and expanding affordable housing, including 35-thousand starter homes. The […]

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UT Could Have $3B In Surplus For Next Fiscal Year

UT Could Have $3B In Surplus For Next Fiscal Year

(Salt Lake City, UT) — It looks like Utah could have up to three-billion dollars in surplus next year. That word from the state Taxpayers Association after analyzing tax and revenue numbers. If true, the group argues it’s time for a deeper income tax cut. The president says the money […]

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Tax cuts could mean Utah has to return $100M in federal aid

Tax cuts could mean Utah has to return $100M in federal aid

SALT LAKE CITY (AP) — Utah’s vote to cut taxes this year could mean it has to return $100 million in aid given under the federal pandemic relief bill. KUER-FM reports there’s a provision in the latest federal coronavirus relief package aimed at preventing states from directly or indirectly using […]

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Utah lawmakers push for $100M in tax cuts for some residents

Utah lawmakers push for $100M in tax cuts for some residents

SALT LAKE CITY (AP) — Utah legislative leaders have announced a nearly $100 million package of tax relief bills involving families with children, veterans and older residents receiving Social Security. Republican Utah Senate President Stuart Adams said the groups are vital to the community. The package includes three Republican-sponsored bills […]

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Utah tax revenues could fall by over $1 billion next year

Utah tax revenues could fall by over $1 billion next year

SALT LAKE CITY (AP) — Revenues could be down more than a billion dollars in Utah’s budget next year due to the coronavirus pandemic’s devastating effects on the economy. Lawmakers were preparing Wednesday for widespread budget cuts of up to 10% at state agencies. The decisions will be made at […]

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Utah county approves first property tax hike in 23 years

Utah county approves first property tax hike in 23 years

Utah County has voted to increase property taxes for the first time in more than two decades. The Daily Herald reports that dozens of people spoke against the plan during a six-hour meeting this week, but the commissioners said it was necessary to balance the budget and keep the county […]

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