Tax Breaks

Missouri sales tax will be waived in back-to-school sales tax holiday

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Back-to-school consumers can take advantage of the Missouri sales tax cut. A new modification for Missouri’s annual back-to-school sales tax holiday this year will waive Missouri sales tax at both the state and local levels. Previously, towns could impose Missouri sales tax over this special weekend. The Missouri Legislature approved Senate Bill 153 in 2021, which eliminated … Read more

New Orleans Cracks Down on Tax Break Fraud as Deceased Individuals Illegally Benefit

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Tax Break Fraud

This illegal practice, known as Homestead Exemption fraud, has garnered the attention of authorities, prompting decisive action. New Orleans is grappling with a unique problem related to property taxes, as the names of deceased individuals continue to appear on property tax rolls, enabling their loved ones to fraudulent benefit from tax breaks In 2016, Governor … Read more