Taxes

Virginia's Tax Code
4:17 pm
Thu July 24, 2014

Medical Expenses & Tax Breaks

With people still adjusting to their insurance policies and premiums under the Affordable Care Act, now might not be the ideal time to tell Virginians that sales taxes associated with some health procedures, prescriptions, and even Band Aids could be passed on to them.  But that was one of the issues the Joint Subcommittee to Evaluate Tax Preferences. 

Read more
State Tax Code
4:10 pm
Thu May 1, 2014

Tax-Equality for Same Sex Couples

 While Virginia's same-sex marriage ban is being challenged, supporters of overturning the ban are optimistic that eventually, gay and lesbian couples will have the freedoms that other married couples do. But in the meantime, some are calling on the governor, attorney general, and lawmakers to make life easier for those who were married outside of Virginia—and it's as simple as changing the state tax code. Equality Virginia is urging Governor McAuliffe and Attorney General Mark Herring to take steps to allow married lesbian and gay couples to file their state tax returns based on their fede

Read more
Vehicle Taxation
7:47 am
Tue July 2, 2013

State Lawmaker Questions Hybrid Vehicle Taxes

Now that the state’s new transportation package is in effect, a State Senator from Northern Virginia is vowing to repeal one controversial part – a fee for hybrid vehicles.

Adam Ebbin, a Democrat from Alexandria, says it’s illogical and unfair to tax hybrid technology – forcing owners to pay $64 a year.

“Y’know we have people who are paying more for their vehicles and paying higher personal property taxes to do the right thing for the environment, and they shouldn’t be taxed just for  doing the right thing.”

Read more
Meeting Policy Goals
4:31 pm
Tue June 18, 2013

Reviewing Tax Breaks

A panel of state lawmakers has begun a serious review of Virginia’s tax credits, exemptions, deductions, and similar “preferences.” 

The evaluation comes after the Joint Audit and Legislative Review Commission found that the tax breaks did not always perform as intended, were often inefficient, and cost the state billions of dollars in revenues.

Read more
Alternative to Refund Checks
4:00 am
Tue May 28, 2013

Va Tax Dept Debit Cards

Those debit cards that the Virginia Department of Taxation issued to taxpayers instead of checks are not going anywhere. In fact, as the tax season wraps up, most residents have already seen them.

Getting rid of tax-refund checks was supposed to save the state money.  Taxpayers had the option of cashing out the card, transferring funds, or using it as a point-of-sale card or at an ATM.  But they were charged fees and were often confused about how to access funds. Burns said he didn't receive many complaints, though.  

Read more

Pages