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The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
Stanford is a home rule-class city in Lincoln County, Kentucky, United States. It is one of the oldest settlements in Kentucky, having been founded in 1775. Its population was 3,487 at the 2010 census [4] and an estimated 3,686 in 2018. [5] It is the county seat of Lincoln County. [6] Stanford is part of the Danville Micropolitan Statistical Area.
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(The Center Square) – A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate. House Bill 1 passed by a 34-3 vote and will now ...
You can check the status of your Kentucky state tax refund at the state's online portal. You can speak with an examiner about a prior year's or amended refund by calling (502) 564-4581.
Various state and local taxing authorities in the US require an employer or the employee to withhold and remit a tax on the wages paid to an employee. Some states require both the employer and employee to remit a portion of the total occupational privilege tax (OPT), while others only require one or the other to do so. [1]
A bill to put Kentucky on a path to no income tax at all, like neighboring Tennessee, was passed earlier this year. KY’s personal income tax rate is going down. Here’s how much and why.
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