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The IRS updated its ruling on filing Idaho’s 2022 tax rebate, some residents will be impacted.
Here’s what you need to know about important 2023 tax season deadlines, including Idaho extensions, when to expect your refund, and tips for those still waiting on previous tax returns.
Speaker Moyletweeted: “Big news for Idaho taxpayers: Today's bill delivers more than $252M in tax cuts, starting with cutting individual and corporate income taxes to 5.3%.
The state sales tax was introduced at 3% in 1965, easily approved by voters, [7] where it remained until 1983. [8] The sales tax is 6% with a very limited, selective local option up to 6.5%. Sales tax applies to the sale, rental or lease of tangible personal property and some services. Food is taxed, but prescription drugs are not.
He previously served as one of four commissioners of the Idaho Tax Commission from 2009 to 2014, [4] and was formerly a Democratic member of the Idaho Senate, representing the 16th District from 2004 to 2008. He was also previously a member of the Idaho House of Representatives from 2002 through 2004.
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The state controller supervises and manages Idaho's fiscal affairs as its chief fiscal officer. As such, the state controller establishes statewide internal pre-audit accounting controls to assure state funds are spent properly, maintains the state's centralized financial management and accounting systems, administers payroll, and pays claims against the state.
“You cannot oppose tax relief when our citizens are hurting.”
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