#taxes
As property values climb, Maui County eyes lower tax rates for resident homeowners
Some property owners are seeing increases by as much as 50%, and even with a tax rate cut, they may still see a higher bill.
New transient accommodations law goes into effect Jan. 1, along with other legislation
A portion of a bill enacted to curb vacation rentals in residential areas will go into effect Jan. 1 and expand the scope of the transient accommodations tax law to include certain shelters and vehicles with sleeping accommodations.
House committees pass measure to provide broad tax relief to Hawaiʻi residents
The measure would double the standard deduction for individual filers from $2,200 to $5,000, and double the personal exemption from $1,144 to $2,288. Additionally, Hawaiʻi’s renters would see relief through increased tax credits.
IRS Reaches Over 36 Million Families for Child Tax Credit Estimates
The Internal Revenue Service urges eligible families with children ages 6 to 17 to update their tax returns in preparation for the increase in Child Tax Credit advance payments starting July 15.
Council’s Budget Transmitted to Mayor, Affordable Housing Highlighted
A significant action was the council’s move to double the appropriation of real property tax revenue to the Affordable Housing Fund from 2% to 4%.
Hawaii Tax Collections Up 12.9% in 2012
Ten months into the current 2012 fiscal year, general fund deposits are up by 12.9% compared with the 2011 fiscal year.
Post Offices Offer Late Collection for Tax Day
Eight Maui post offices will offer late collection of mail from specially marked collection boxes on federal Tax Day, Tuesday, April 17, to accommodate last second filers.
Maui Resident Appointed to National Taxpayer Advocacy Panel
South Maui resident Susan Bentley has been selected by the Treasury Department to serve on the national Taxpayer Advocacy Panel.
Matson Lowers Fuel Surcharge Again
For the second time in a month, Matson Navigation Company has lowered it fuel surcharge, resulting in a combined total reduction of 5% since August 19.
Delinquent Taxpayers Will Lose Homeowner’s Exemption
With the real property tax deadline this Monday, August 22, the County of Maui is reminding the public of a recent law change that states that delinquent taxpayers will lose their homeowner’s exemption, resulting in high taxes.
Free Solar Seminar Presented By RevoluSun
On Monday, July 28, from 6 p.m. to 7 p.m. at the Maui Beach Hotel in Kahului, RevoluSun will provide a free solar energy seminar aimed at educating homeowners, individuals, and businesses who are looking at solar as a way of reducing their electricity bills.
Bidding Opens for $2 Million APEC Improvements at Honolulu Airport
In a race to ready the Honolulu International Airport for worldwide attention during the upcoming Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in November 2011, the State today announced three improvement projects valued at an estimated $2 million.
