taxes

The vote comes after years of tax increases have incensed Jackson County residents. It was the only charter county in Missouri to appoint, rather than elect, its assessor.

This year, Missouri became the first state in the country to tax income, but not capital gains. That could present a challenge as the state prepares to face a budget shortfall.

Phil LeVota was sworn in this week as Jackson County executive after a nomination process that was criticized by some as “smoke and mirrors.” Taking over the rest of Frank White Jr.'s term, he will face the daunting task of fixing the property tax assessment process.

A lawsuit filed Friday alleges that Missouri lawmakers unconstitutionally split residential property into different classes, choosing which counties would get a property tax cap, and how much, on “simply the whim of individual legislators.”

An Evergy spokesperson said solar projects approved by Kansas and Missouri will be generating electricity for customers in time to qualify for existing tax credits.

Diapers, period products and incontinence supplies will be exempt from local and state sales tax under a Missouri law that takes effect Thursday.

Missouri's capital gains tax cut will apply to all gains since Jan. 1, and will be reflected in the income tax returns due in April. It's the first state to exempt profits from the sale of assets such as stocks, real estate, and cryptocurrency from income taxes.

The tax-free holiday weekend in Missouri, which runs August 1-3, is scheduled during the prime time for back-to-school shopping. But you don’t have to be a student, parent or teacher to benefit from tax-free clothing, computers and more.

Missouri ordered retroactive limits on property assessment increases in Jackson County. But, according to county assessor Gail McCann Beatty, that order means "inequities will remain."

The court ruled 6 to 1 that counties cannot levy a 3% tax on marijuana dispensaries in cities and towns — only in unincorporated areas.

A Missouri House interim committee met last week and will hold four hearings around the state to listen to concerns and hear ideas for overhauling the system.