House begins moving revenue bill with end of 2023 session in sight
On day 21 of the 30-day legislative session, lawmakers moved a revenue bill out of committee that contains fixes and other items dealing with Kentucky’s…
Taxes & Budget
Kentucky Governor signs bill lowering individual income tax into law
Kentucky is continuing to take steps to lower the individual income tax and the top priority bill of the General Assembly was signed into law…
Legislation further lowering Kentucky’s individual income tax sent to the governor’s desk
Quickly after the General Assembly reconvened for part two of the 2023 legislative session, lawmakers passed the first bill all the way through the legislative…
Op-ed: An easy tax change to support small businesses in Kentucky
The following is an op-ed piece authored by Kevin Moser and Sarah Whitaker Kevin Moser, CPA, is Managing Partner of Anneken, Huey, & Moser PLLC…
House passes priority legislation to further reduce individual income tax
On Thursday, the House passed House Bill 1, which would enact the second income tax reduction envisioned by House Bill 8. House Bill 8 puts…
New report explains the ins-and-outs of law to reduce income taxes in Kentucky
Understanding and following through on a key state tax change recently implemented by Kentucky lawmakers is the subject of a new report from the Kentucky…
Kentucky’s national business tax climate ranking holds steady
Kentucky’s tax code continues to receive high marks in a national business tax climate index after years of low rankings. In the Tax Foundation’s 2023…
Tax reform puts Kentucky on a trajectory to compete for workers, jobs, and economic opportunity
At the interim joint Appropriations and Revenue Committee meeting Wednesday, Kentucky Chamber Center for Policy and Research Executive Director Dr. Charles Aull and Tax Foundation…
Kentucky meets budget goals needed to lower individual income tax to 4.5% in January 2023
During the 2022 session, the General Assembly took action to begin gradually lowering Kentucky’s individual income tax. The legislation included goals the state must meet…
Tax deadlines extended for employers in Eastern Kentucky
The Internal Revenue Service and Kentucky Department of Revenue have announced extensions of tax filing deadlines for individuals and businesses impacted by the recent flooding…