Texas leaders want a new way to attract businesses here. But they can’t agree on how to do it.
The two chambers have 10 days to cut a deal before the end of the legislative session, and they are miles apart on some of the very foundations of a corporate tax-abatement bill considered to be a priority for Republican state leaders.
Why tax policy experts fear the Texas House plan to lower property taxes could have dire ripple effects
Both the House and the Senate’s proposals on property tax cuts would give modest savings to the typical Texas homeowner, but critics say the House plan could create vast inequities and disproportionately benefit wealthy homeowners.
Texas House passes $12 billion property tax relief package, setting up fight over appraisal cap with Senate
House Speaker Dade Phelan has said tightening the appraisal cap is the best way to cut property taxes, but Senate tax-cut proponents, housing experts and business groups predict the move would have dire consequences.
The Texas House and Senate differ on how to cut property taxes. Here’s what their proposals say.
Cuts to school property tax bills. Bigger tax benefits for homeowners. A controversial idea to limit property tax growth. Here’s what you need to know about the brewing property tax debate at the Texas Legislature.
Ask Amy: Finding a tax preparer you can trust
As you look to get your taxes done this year, we have a warning. There are fraudulent tax preparers who set up shop with the goal of stealing from you. Often people who are victims of these fraudulent tax schemes don’t know it until months later when they never get a refund. Not only is your money gone but thieves have your important personal information.
Dealing with IRS delays: What is being done to help backlogs
We are right in the middle of tax filing season for 2022. Still, millions of returns from previous years are still not processed. The backlog is impacting a lot of people, including one Houston woman who called our KPRC 2 Investigates team for help.
Texas Supreme Court says it can’t force the state to process deluge of applications for tax break expiring this year
The program, known as Chapter 313, provides companies with billions of dollars in property tax breaks. The court said it is up to the Legislature to make the call on what to do as the program is set to expire and the state is swamped with applications.