Tax – Ponca City Now

Oklahoma income tax cut signed by Gov. Stitt

Thursday, May 29 by News 6

OKLAHOMA CITY -Oklahoma Governor Kevin Stitt announced he has signed another income tax cut for Oklahomans Wednesday afternoon.Sitt posted a video on his X account announcing the cut.LATEST FROM OKLAHOMA'S GOVERNOR: Oklahoma Gov. Stitt holds weekly press conference: 4 takeaways"It has been a priority for the Stitt administration to lower taxes for... Read More.

House passes major tax and spending bill ahead of Memorial Day; Senate faces tough road ahead

Monday, May 26 by News 9

WASHINGTON -House Republicans pulled off what many had considered unlikely—passing a sweeping tax and spending package with narrow support and significant behind-the-scenes negotiation. Now, as the bill moves to the Senate, questions remain about what elements will survive and whether it can meet the July 4 deadline favored by the President..In an interview on DC... Read More.

5 things you need to know about the Oklahoma state income tax cut

Monday, May 19 by News 6

OKLAHOMA CITY -State leaders rolled out the Fiscal Year 2026 budget, which includes an income tax cut. Republican leaders did not originally see eye-to-eye on the logistics of the cut, but did come to a compromise.What tax cut did lawmakers agree on?State lawmakers agreed to eliminate the bottom three of the six total tax brackets.... Read More.

Mississippi and Kentucky seek to become first states to end personal income tax since 1980

Sunday, April 6 by The Associated Press

By DAVID A. LIEB Associated PressAP — About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their economies keep growing.The push to zero out the income... Read More.

AARP TAX PREPARATION AT THE LIBRARY

Monday, February 17 by Ponca City Now

AARP is currently accepting intake appointments for March 4 thru April 17, 2025. All February appointments are filled. Intake appointments can be scheduled on Tuesdays, Wednesdays and Thursdays from 9:00 a.m. to 2:30 p.m. Checkout appointments are scheduled the following Tuesday, after the initial intake appointment. Appointments can be made by visiting the Reference Desk at the Library... Read More.

NOC Provides Income Tax Preparation Service

Tuesday, February 11 by Ponca City Now

Northern Oklahoma College Tonkawa is providing free basic income tax return preparation for students, NOC employees, and area residents starting Feb. 13 at NOC Tonkawa.Singles or families making less than $75,000 per year qualify for the free service.Trained tax preparers from the NOC Business Division and area volunteers will be available for tax assistance... Read More.

Rep. Tammy West Reminds Oklahomans to Apply for Caring for Caregivers Tax Credit

Tuesday, February 11 by Ponca City Now

OKLAHOMA CITY – Rep. Tammy West, R-Oklahoma City, is encouraging eligible Oklahomans to apply for the Caring for Caregivers tax credit while filing their 2024 taxes. In 2023, the Oklahoma Legislature created the Caring for Caregivers Act, designed to help offset some out-of-pocket expenses family caregivers pay for. This spring marks the first... Read More.

For Area Businesses: Is the “$26,000 Per Employee” Tax Refund legit?

Thursday, May 4 by Lyman James

Quick answer: It is. The program has been heavily promoted on radio, tv and through social media, leading to many questions. The Employee Retention Credit is a payroll tax refund program that provides critical support to businesses that kept employees on payroll during the pandemic. With the recent regulation change, even businesses that... Read More.

Kay County Treasurer’s office holding annual Tax Resale on Monday, June 13

Sunday, June 5 by Lyman James

Kay News Cow reports that the Kay County Treasurer’s office will be holding the annual Tax Resale on Monday, June 13 at the Kay County Administration Building, 219 S Main, Newkirk, beginning at 9 a.m.“This sale will be for property that is being sold for several years of delinquent tax as required by state... Read More.

Short Term Rental Homes Subject To Ponca City Hotel Excise Tax

Monday, February 28 by Lyman James

City Code 4-3-1 allows the City of Ponca City to collect the Ponca City Hotel Excise Tax of 8% from many different forms of lodging in Ponca City. Short term rentals, such as those provided by Airbnb and Vrbo are also subject to the hotel excise tax, as they fall under the definition of... Read More.

2021 ad valorem tax statements mailed out

Tuesday, November 23 by Lyman James

On Monday, Kay County Treasurer, Christy Kennedy said that the 2021 ad valorem tax statements have been mailed.“As many of you know our treasurer’s office, along with the county clerk, assessor’s and election board offices, are in a transition period. These offices will be moving over the next few weeks,” said Kennedy.“Our goal is... Read More.

Tax relief announced for Oklahomans affected by February’s winter weather

Tuesday, March 2 by Lyman James

IRS.Gov reports that the Internal Revenue Service announced on February 25 that victims of the winter storms that began on February 8 now have until June 15, 2021, to file various individual and business tax returns and tax payments.Following the recent disaster declaration issued by the Federal Emergency Management Agency, the IRS announced... Read More.