Taxes

Tax-Related Identify Theft

Apr 22, 2015

Tax-related identity theft typically occurs when a scammer files a forged tax return using someone else’s Social Security number to claim a refund. In 2013, there were nearly 3 million cases of tax-related ID theft, and the numbers are on the rise.

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. 

 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

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.”

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.

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