News
Missouri Taxpayers to Benefit from Historic Tax Cuts in 2023; Department of Revenue Stresses Importance of Updating Withholdings
Missouri Taxpayers to Benefit from Historic Tax Cuts in 2023; Department of Revenue Stresses Importance of Updating Withholdings
JEFFERSON CITY —
With a new tax season underway, the Missouri Department of Revenue (DOR) is encouraging Missouri income tax filers to review important individual income tax changes effective for the 2022 tax year. Before filing, filers may refer to the DOR’s “What’s New?” resource for details on changes to the Missouri standard deduction, the new deductions and credits available and more.
While filers are preparing to file their 2022 tax returns, it’s also important to plan ahead for next year. Under Governor Parson’s historic tax cut legislation that was signed into law in October 2022, nearly all Missouri filers will pay tax at a lower rate in 2023.
Senate Bills 3 & 5 made several changes to income tax laws in the state of Missouri, including:
- Reducing the top individual income tax rate from 5.2 to 4.95%;
- Eliminating the bottom income tax bracket, allowing Missourians to earn their first $1,000 tax free;
- Allowing an additional 0.15% top income tax rate reduction to 4.8% when net general revenues increase by $175 million;
- Eliminating income taxes for individuals making less than $13,000 a year and couples making less than $26,000; and
- Allowing three additional 0.1% top income tax rate reductions in future years when net general revenue increases by $200 million, adjusted for inflation.
The DOR strongly encourages employees earning wages in Missouri to review their federal and state withholdings annually and whenever a major life change has occurred to determine if their employer is withholding their preferred amount from their paycheck. Missouri wage earners may review their Employee’s Withholding Certificate (Form MO W-4) by completing a “Paycheck Checkup” using the DOR’s withholding calculator.
Employees interested in updating their MO W-4 can request the form from their employer or print one from the DOR website. Employees can then simply submit their updated form to their employer. Following up to confirm the updates are in effect is always a good idea, as is reviewing the form at least once a year thereafter.
Anne Marie Moy, Director of Strategy and Communications
Phone: (573) 751-8222
Email: Annemarie.Moy@dor.mo.gov
Hot News
REZONING A TRACT OF LAND COMMONLY KNOWN AS 44 FIRST STREET, FROM R-2 TWO FAMILY RESIDENTIAL DISTRICT TO C-2 HIGHWAY COMMERCIAL DISTRICT
REZONING A TRACT OF LAND COMMONLY KNOWN AS 44 FIRST STREET, FROM R-2 TWO FAMILY RESIDENTIAL DISTRICT TO C-2 HIGHWAY COMMERCIAL DISTRICT
BILL NO. 3052-24 ORDINANCE NO.
AN ORDINANCE AMENDING THE CODE OF THE CITY OF CAMDENTON, TITLE IV: ZONING
CODE, CHAPTER 400: ZONING REGULATIONS, SECTION 400.030: DISTRICT
BOUNDARIES, REZONING A TRACT OF LAND COMMONLY KNOWN AS 44 FIRST STREET,
FROM R-2 TWO FAMILY RESIDENTIAL DISTRICT TO C-2 HIGHWAY COMMERCIAL
DISTRICT SUBMITTED BY MARK MORRIS AND MARJORIE MORRIS
WHEREAS, Mark Morris and Marjorie Morris has made application for property fully described
in Exhibit A, attached hereto and made a part of this ordinance, to be rezoned from R-2 Two
Family Residential District to C-2 Highway Commercial District; and
WHEREAS, the City of Camdenton Planning and Zoning Commission held a public hearing on
November 12, 2024 to consider this rezoning request; and
WHEREAS, the City of Camdenton Planning and Zoning Commission made the recommendation
at their November 12, 2024 meeting to recommend approval to the Board of Aldermen for the
second public hearing and final decision; and
WHEREAS, The Board of Aldermen held a public hearing on December 3, 2024 to consider the
rezoning request.
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
CAMDENTON, MISSOURI, AS FOLLOWS:
Section 1. That the Code of the City of Camdenton, Section 400.030 – District Boundaries, is
hereby amended by changing the property described in Exhibit A attached hereto and made a
part of this ordinance from R-2 Two Family Residential District to C-2 – Highway Commercial
District.
Section 3. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed.
Section 4. This Ordinance shall be in full force and effect from and after its passage by the Board
of Aldermen and approval by the Mayor.
Read the first time this _ day of December 2024. Read the second time and passed and approved this _ day of December 2024.
John D. McNabb, Mayor
ATTEST:
Renée Kingston, MMC/MPCC
Assistant City Administrator/City Clerk
Lifestyle
DJ Koldbeer Drops Modern Music Remixes
Shawn Kober is an individual known for his passion for travel and exploration, particularly within the United States. With a keen interest in showcasing the hidden gems of Missouri, Shawn has leveraged his enthusiasm through his social media presence, notably on X under the handle @travelmissouri. His content focuses on promoting local attractions, cultural heritage, and lesser-known destinations, making travel accessible and appealing to a broad audience.
Recently, Shawn has stepped up his multimedia game by releasing a series of music mixes. These mixes blend ambient sounds of nature, cultural tunes from Missouri, and contemporary beats, creating a unique auditory experience that complements his visual storytelling. This new venture into music curation not only diversifies his content but also enhances the sensory journey for his followers, providing a soundtrack to the scenic landscapes he often explores and shares.
Beyond his professional endeavors, Shawn is involved in community initiatives aimed at preserving natural landscapes and historical sites in Missouri. He believes in the power of travel to educate and connect people, fostering a deeper appreciation for one’s surroundings.Professionally, Shawn has carved out a niche in digital content creation, blending his love for photography, storytelling, and travel into a career that informs and inspires others to explore. His work often highlights sustainable travel practices and the importance of understanding and respecting local cultures and environments.
Beyond his professional endeavors, Shawn is involved in community initiatives aimed at preserving natural landscapes and historical sites in Missouri. He believes in the power of travel to educate and connect people, fostering a deeper appreciation for one’s surroundings.
Shawn’s personal journey is one of continuous learning and adventure, always seeking new experiences to share with his followers, encouraging them to step out of their comfort zones and discover the beauty in their own backyards. His bio is not just about travel; it’s about creating a narrative that connects people to places, history, and each other.
Lifestyle
Camdenton’s Transparency in Question: COVID Funds Spent on Video System, Meetings No Longer Broadcast
CAMDENTON, MO – In the small town of Camdenton, Missouri, a recent expenditure of federal COVID relief funds has sparked controversy and debate over local government transparency. The Camdenton City Council, aiming to enhance public access during the height of the global health crisis, invested in a video system to broadcast their meetings online. This move was initially seen as a step towards greater openness, allowing residents to engage with local governance without the risk of contracting the virus.
However, residents have recently noticed that these public meetings are no longer being streamed. Despite the significant investment in equipment designed to facilitate remote participation, the council has seemingly ceased using the system for broadcasting. This development has led to a wave of frustration among the community members who have come to rely on these virtual meetings for staying informed about local governance issues.
The equipment, which was purchased with funds intended to mitigate the impacts of the COVID-19 crisis, was supposed to be a long-term solution for public engagement. The cessation of broadcasts has led to speculation and concern about how these funds are being managed and what the implications are for future public access to government proceedings.
Council members have yet to issue an official statement on why the broadcasts stopped, although there have been unverified reports of technical difficulties with the equipment. Some speculate that the decision might be tied to some bad publicly earlier in the year when the Camdenton Chamber raised some concerns with the city on a different topic.
The issue has caught the attention of local media, with some outlets like the Camden Citizen reporting on the matter. The broader conversation now includes calls for accountability, with residents demanding explanations and assurances that such investments will not be made in vain in the future.
This situation in Camdenton serves as a microcosm of the broader challenges many small towns face in balancing fiscal responsibility with public service during and after a global health crisis. As the town looks forward, the community hopes for a resolution that not only addresses the current lack of transparency but also ensures that future decisions reflect the needs and expectations of its citizens.
For now, Camdenton residents are left pondering the effectiveness of their local government’s use of federal funds and the ongoing commitment to open governance.
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