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Northam proposes $2.1B in tax cuts for ‘working people’
Exiting governor calls for eliminating grocery levy, providing income tax rebate
Virginia Gov. Ralph Northam, who leaves office next month, proposed four tax cuts Tuesday, including eliminating Virginia’s 1.5% sales tax on groceries and providing an income tax cut for low-
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Bloomberg Industry Group acquires tax software company
Tax Prodigy's assets added to Bloomberg Tax & Accounting
Published
Arlington-based Bloomberg Industry Group has acquired Minneapolis-based Tax Prodigy for its Bloomberg Tax & Accounting division, it announced last Tuesday. Financial details of the transaction were not disclosed. Tax Prodigy
Virginia finishes FY21 with record $2.6B surplus
Revenue collections surged 26.4% between April and June
Published
Virginia reached the end of fiscal year 2021 with a $2.6 billion surplus, the largest in the commonwealth’s history, according to a statement released by Virginia Gov. Ralph Northam on
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Va. extends income tax deadline to May 17
State follows IRS' lead in delaying filing, payment date
Published
Virginia will also extend its income tax filing and payment deadline to May 17, following the lead by the Internal Revenue Service, which announced a similar delay this week. Gov.
Ten Va. companies make 2021 Forbes list of top tax, accounting firms
450 companies across U.S. earned designation
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Ten Virginia-based companies made Forbes’ top tax and accounting firms list for 2021. Of 450 companies across the nation, 250 companies were awarded the America’s Best Tax Firm 2021 title
Virginia extended individual tax filing deadline is Nov. 2
Some taxpayers are eligible to file online for free
Published
The six-month filing extension deadline for individual income taxes in Virginia is Monday, Nov. 2, Virginia Tax reminded taxpayers Wednesday. “Last year, more than 488,000 taxpayers took advantage of the