Extensions and How They Work. The hosts for this show are Mark Coleman and Tom Yamachika. The guest is Joe Kent. On August 18, 2023, the Internal Revenue Service announced ‘expansive tax relief’ for Hawai’i wildfire victims in Maui and … Read More
On August 18, 2023, the Internal Revenue Service announced “expansive tax relief” for Hawaii wildfire victims in Maui and Hawaii counties. Generally, what that means is that if a tax filing or payment for an affected taxpayer is due between … Read More
Check Out California. The hosts for this show are Jay Fidell and Tom Yamachika. California has two different tax agencies. The Department of Tax and Fee Administration, known as CDTFA, handles sales taxes. CDTFA’s director, according to the Caltaxletter, publicly … Read More
“Lucky you live Hawaii,” goes the famous phrase. Sometimes it’s really true, as we recently found out from our good friends in the California Taxpayers Association, publishers of the Caltaxletter. California has two different tax agencies. The Franchise Tax Board, … Read More
In the sports world, we have “March Madness.” At our Legislature this year, we have “Credit Madness.” With a surplus on the State balance sheet north of a billion dollars, lawmakers have proposed all kinds of tax credits to advance … Read More
Governor Josh Green recently gave his State of the State address. His office and his agencies dropped a bill package into the legislative hopper. It really feels like we’re in the legislative session now! Bills introduced as part of the Governor’s Package … Read More
The Hawaii State Tax Watch Doggie came to me with an unusual question. “Can the State tax itself?” “I’m not sure,” I replied, “but why would anyone care?” “You remember there’s a bill that the Legislature passed, SB 3201, that … Read More
A few years ago, in 2017 to be exact, our lawmakers enacted an Earned Income Tax Credit (EITC), which then was touted as a truly wonderful way to deliver tax relief to working families. If it is properly claimed, that … Read More
Every year, our Department of Taxation submits bills to the Legislature for their consideration. Those bills are included in the Governor’s Package. Under our laws (section 231-3(7), HRS), the Department is supposed to recommend “any amendments, changes, or modifications of … Read More
The Hawaii Tax Review Commission, under our state constitution, convenes once every five years or so to examine and report on our state tax system. It recently published its report addressed to the Legislature.