What employers need to know to claim the Small Business Health Care Tax Credit
The IRS has asked us to share the following information about the Small Business Health Care Tax Credit: Many small employers that pay at least…
Taxes & Budget
Adkisson comments on UI tax issue
Costly unemployment tax increase averted
Yesterday, Kentucky paid the first interest payment due to the federal government for money borrowed to pay unemployment claims. By paying it prior to the…
Economists predict state surplus for FY12
On the same day the stock market dropped 512 points, the Consensus Forecasting Group – a group of economists that help state lawmakers write the…
Updated: Kentucky Chamber working to avert major federal unemployment tax increase
August 3, 2011 In a meeting with the governor’s office last week the Kentucky Chamber – along with the state’s other top business groups –…
Increased business activity helps government end fiscal year with surplus
Gov. Steve Beshear announced this month that state government closed out the 2011 fiscal year with the largest growth rate in General Fund revenue since 2006. State…
State tax receipts increase again in May
In a sign that hopefully indicates Kentucky’s economy is still on the road to recovery, the state budget office released a statement today showing tax…
Kentucky budget report projects surplus for FY11
This week, Kentucky’s budget office released its third quarter economic report, which predicted the state will end fiscal year (FY) 2011 with a $64.5 million…
Kentucky economy slowly showing signs of recovery
Two positive figures released this week indicate the Kentucky economy is slowly rebounding from the recession: a lower unemployment rate and higher tax receipts. Kentucky’s…
Budget deal averts government shutdown
Narrowly avoiding a government shutdown, Congress passed a short-term funding extension late last night after agreeing on a broader budget deal that includes nearly $39…