February 14, 2008
Will Extra Tax Rebate Help?
With all the hoopla surrounding the "stimulus package" that was recently signed off on by the Congress, the Senate and the President, I am curious to know what everyday folks are actually planning to do with the additional money. And if people decide to pay bills or save it for a rainy day, rather than going on a spending spree (which is what the politicians are hoping for), what good is it going to do?
Does anyone really believe this will thwart a recession?
Posted by Michelle Hanners at 05:01 PM | Comments (39)
February 12, 2008
CASINO GAMBLING over the State Line??
As reported by local media, the possiblities of casino gambling at Kentucky Downs is growing closer.
A link to the story by the Herald-Leader is provided within.
News4 also did a segment on this last evening.
If this should be passed what affect, if any, do you think it will have on our area?
http://www.kentucky.com/176/story/315595.html
Posted by judy at 07:19 AM | Comments (40)
July 21, 2005
Business Tax Act License And Tax Report

I am sitting here looking at my "Business Tax Act License And Tax Report" form that Bill Kemp (Sumner County Clerk) has mailed out to every business in Sumner County. This is the form required to get a business license every year.
I think I shall award this form as the most confusing tax form ever invented. It pretty much beats the IRS.
Here are a few sample lines which I found amusing:
9c. Local & state tax liability. Local - Line 9a (local) less line 9b; State - Line 9a (state) plus 9b.
9d. Calculate percentage used to allocate penalty and interest. Divide line 9c (local) by the Sum of amounts (Local & State) Line 9c and enter as a percentage using the format of xx.xx%. Repeat calculation dividing line 9c (state) by the Sum of amounts (local & state) line 9c.
I guess this is a state form that the counties just mail out. If the form can't be simplified, an online calculator would be very handy.
Posted by admin at 11:01 PM | Comments (2)