Tagged: tax

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Around the Commonwealth:

The Blue Ribbon Tax Commission picked three professors to act as consultants as the group considers changes to the state's tax code.

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Kentucky Legislation:

A commission tasked with coming up with elements of a new tax code for Kentucky held its second meeting in Frankfort today.

Jackson Purchase:

A commission tasked with coming up with elements of a new tax code for Kentucky held its second meeting in Frankfort today.

The group is chaired by Lieutenant Governor Jerry Abramson and is made up of business leaders from across the state.

During the all-afternoon meeting, the group received overviews of the dozen tax commissions that came before the current one.

And while giving the highlights, Greg Harkenrider, an economist in Governor Steve Beshear’s administration, told members that one change won’t cure all ills.

The Kentucky Department of Revenue is reminding taxpayers this year they’ll have two extra days to file their income taxes.  The 2012 deadline is April 17th because of Emancipation Day, a holiday observed in the District of Columbia which falls on Monday, April 16th.  By law, D.C holidays affect tax deadlines in the same way federal holidays do.  All valid six month extensions filed on or before April 17th will extend the due date for filing until October 15th.   Also, the IRS is postponing certain tax deadlines for those who reside or have a business in a disaster area until May 31st.