Missouri Taxes | St. Louis Public Radio

Missouri Taxes

27% of individual Missouri tax refunds were late in 2016
Brent Jones | St. Louis Public Radio

Thousands of Missourians could receive their income tax refunds late in 2018, if past years are any indication. Based on the Department of Revenue’s current interpretation of state law, taxpayers will receive little if any interest on the delayed payments.

And Missourians have been waiting longer for their refunds each year, according to report by state Auditor Nicole Galloway.

Marshall Griffin | St. Louis Public Radio

This story was updated on 4/26/2017 with comments from Sen. Will Kraus

The state of Missouri collected $435 million in corporate income tax revenue in fiscal year 2015.

That plummeted to $280 million last year.

Lance Weiss, a CPA with the St. Louis tax and accounting firm SFW Partners, LLC.
Kelly Moffitt | St. Louis Public Radio

Except for the select few of you who have already filed your tax return, you may have started scratching your head and scrambling ahead of that April 18 deadline. Tax season is upon us!

On Wednesday’s St. Louis on the Air, guest host Maria Altman was joined by CPA Lance Weiss who is with the St. Louis tax and accounting firm SFW Partners, LLC, about tax tips you should take into account this season.

St. Louis certified public accountant Lance Weiss talks to 'St. Louis on the Air' host Don Marsh on Tuesday at St. Louis Public Radio in St. Louis.
Kelly Moffitt | St. Louis Public Radio

State and federal income taxes are due April 18, a deviation from years past, when they are normally due by April 15. Missourians who live in areas that were impacted by last year’s flooding also have a little more time to file, with a deadline of May 16, because of a tax relief issued by the IRS.

Athrasher | Flickr

The end of the year is looming and with it the end of the tax year as well.  Between holiday shopping, parties and travel it seems like the coming year’s taxes have been the furthest from the brain. Lucky for you, there are still steps you can take to lessen your tax burden in 2016 before 2015 is even over.

Marshall Griffin | St. Louis Public Radio

The Missouri Legislative session will end in two weeks and many issues remain unsolved. “St. Louis Public Radio” statehouse reporter Marshall Griffin is following the progress. He joined “St. Louis on the Air” host Don Marsh Tuesday with updates.

Much of the session revolved around improving community policing.

Here is a list of legislative topics discussed during the interview:

St. Louis certified public accountant Lance Weiss talks to 'St. Louis on the Air' host Don Marsh on Tuesday at St. Louis Public Radio in St. Louis.
Alex Heuer | St. Louis Public Radio

State and federal income taxes are due April 15, making this the time to be asking those pressing tax questions.

Commentary: Did Missouri Conservatives Just Peak?

May 9, 2014
(via Flickr/Tax Credits)

The state Legislature recently put in place a series of tax cuts, overriding Gov. Jay Nixon’s veto. It was a banner day for the Republicans and their allies who drove the fight, including the hard-right national group, ALEC, the American Legislative Exchange Council, business organizations, and multi-millionaire libertarian Rex Sinquefield. The current House speaker, Tim Jones, from exurban St. Louis, serves on the board of ALEC; and many other Republican state legislators are ALEC members.

Gov. Jay Nixon speaks to a class at Rockwood Summit High School in Fenton.
Bill Greenblatt | UPI

In a busy visit to Rockwood Summit High School Monday morning, Gov. Jay Nixon recorded a tagline for the school’s radio station, won a free throw showdown with the school’s scholar athlete and even posed for a selfie with a student.

Marshall Griffin, KWMU

(Updated 2:50 p.m. Thursday, Jan. 9)

Four prominent conservatives, including former St. Charles County Executive Joe Ortwerth, have filed suit challenging Missouri Gov. Jay Nixon’s recent executive order to allow same-sex couples who have married in other states to file joint tax returns in Missouri.

flimsy15 wanted poster
Jo Mannies | St. Louis Beacon | 2013

This article first appeared in the St. Louis Beacon: Friday night shortly after 6 p.m., as the Liberty High School football team was about to take the field just north of Kansas City, a small plane flew overhead trailing a banner that declared www.Neth Voted  Against Liberty.com.

Those in the crowd who bother to go to the website will then see a more detailed explanation why state state Rep. Myron Neth, R-Liberty, warranted such a public show of disdain.

This article first appeared in the St. Louis Beacon: Missouri Attorney General Chris Koster, who has stayed out of the tax-cut debate, jumped in with a thud on Thursday when he issued a formal opinion stating that Missouri taxpayers could seek up to three years of back-tax refunds if lawmakers override Gov. Jay Nixon's veto of the bill.

If Missouri has to rebate taxes, Nixon has said it could throw the state into a budget crisis.

Mo. Bill Seeks Taxes From Out-Of-State Retailers

Feb 23, 2013
(via Flickr/yomanimus)

Missouri lawmakers are looking for ways to collect taxes from some online and out-of-state retailers.

State budget officials estimate that Missouri could gain about $10 million annually in tax revenues if legislation filed in both the House and Senate were to pass.

The bills address two areas that traditional retail stores contend put them at a disadvantage. One provision would require Missouri taxes to be collected on out-of-state retailers that personally deliver products like furniture and appliances to Missouri homes.

This article first appeared in the St. Louis Beacon, Feb. 12, 2012 - Wealthy financier Rex Sinquefield is personally seeking to make the case that eliminating Missouri's income tax, and replacing it with a sales tax, would be an economic boon for the Show Me State.

But Sinquefield, who is bankrolling an initiative-petition drive on the subject, acknowledged Thursday that getting Missourians to go along with such a drastic change in their state's taxation system may take several years and perhaps several elections.

This article first appeared in the St. Louis Beacon, Oct. 6, 2011 - The Missouri House passed an economic development bill on Thursday that cuts the state's corporate income tax and leaves out "sunsets," or expiration dates, for two widely used tax credit programs.

The bill, which passed by a 98-48 margin, is substantially different from the Senate's version passed last month. The Senate had insisted that any legislation include "sunsets" on the low-income housing tax credit and the historic preservation tax credit.

This article first appeared in the St. Louis Beacon: August 28, 2008 - Missouri nestles against eight states, so border wars of all sorts are common. Some are fun, such as this week's Missouri-Illinois football game. But others we can't afford to lose. That includes economic competition between Missouri, which has an income tax, and Tennessee, which does not.

This article first appeared in the St. Louis Beacon: Missouri boasts a veritable catalogue of unmet needs. These include education at all levels: Teachers' pay is low; the state's support of secondary and elementary education ranks toward the bottom; and college tuition in Missouri is higher than that in any other state in the Big 12 Conference. Health care is similarly starved for resources, and our transportation infrastructure is deteriorating. The state has yet to face the fact that a modern economy demands improvement in these areas, not a slide to the bottom.