#hawaii taxes
IRS further extends tax relief for Maui wildfire victims, pushing 2023 deadlines to Aug. 7
The Internal Revenue Service further postponed until Aug. 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the Aug. 8, 2023, wildfires in Hawaiʻi. Previously, the deadline was Feb. 15, 2024.
IRS enhances ‘Where’s My Refund?’ tool for 2024 filing season
With almost 500,000 taxpayers in Hawaiʻi expecting a refund this filing season, the Internal Revenue Service reminds taxpayers that recent improvements to “Where’s My Refund?” on IRS.gov remains the best way to check the status of a refund.
Tax credits available for earned income, childcare expenses, low-income renters and more
The Hawaiʻi Department of Taxation is encouraging Hawaiʻi’s families to include available tax credits when filing 2023 individual income taxes.
State announces distribution of payment from $141M settlement with Intuit
Consumers who were “deceived” by TurboTax’s owner Intuit Inc. into paying for free tax services will begin receiving checks from a multi-million multi-state settlement. Up to 15,904 Hawaiʻi consumers who were impacted, will receive checks in the mail. Most consumers are expected to receive between $29 and $30.
$8.5 Million Unclaimed in 2015 Hawaiʻi Tax Returns
According to the IRS, unclaimed federal income tax refunds totaling over $8.5 million may be waiting for an estimated 7,000 Hawaiʻi taxpayers who did not file a 2015 federal income tax return.
Hawaiʻiʻs Low-Income Taxpayers Carry 2nd-Highest Tax Rate, New Study Finds
The incomes of the bottom fifth income earners in Hawaiʻi are the fifth lowest in the nation, according to a new study. The study, called Who Pays? A Distributional Analysis of the Tax Systems in All 50 States, analyzed tax systems in all 50 states. The Institute on Taxation and Economic Policy released the study, […]
Incubator, Manufacturing Companies Contributed $620M to Hawaiʻi Economy
A report released today showed that Hawaiʻi received $27.1 million in taxes generated by 150 companies in 2016
State Announces 26% Reduction in 2016 Unemployment Taxes
The Hawai‘i State Department of Labor & Industrial Relations today announced a 26% average drop in unemployment insurance contribution rates, resulting in employers paying $50 million less in taxes, or $100 less per employee on average for 2016.
Report: Hawaiʻi’s Business Tax Climate is Below Average
We look at things that are business inputs that shouldn’t be taxed under a sales tax. Hawaiʻi taxes all of them, said Scott Drenkard an economist and Manager of State Projects for the Tax Foundation.
