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New rules allow for more deductions of charitable donations, says IRS

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If you donated for Giving Tuesday to get a tax deduction, you’re in luck this year.

I R S spokesman Christopher Miller says that changes to the tax laws mean you can still file a simple return and deduct some of those donations. 

“It certainly opens up avenues for taxpayers who still want to make a donation and take a deduction for those donations but find it more advantageous to take the standard deduction.”

That means you can deduct 300 dollars of those donations on the standard 1040 or 1040 EZ without filing more paperwork.

Miller says it’s important to remember to donate by check or credit card to get a proper receipt of your transactions and make sure that the charity you’re giving to qualifies for donations under tax laws.

“Don’t fall for or be pressured into donating by a gift card like an iTunes gift card or a wire transfer. That should be a big red flag to people that the charity is not for real.”

You can find a list of qualifying charities online at https://www.irs.gov/charities-non-profits/tax-exempt-organization-search

New state website provide details on tax allocations

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A new website can show you where your state tax dollars are spent. The information is provided by the Wisconsin Department of Revenue.

It reveals that 36 percent of state taxes go to K-12 schools, 16 percent to health-care programs like BadgerCare, eight percent to local property tax relief, 7 percent to the Department of Corrections (prisons), 6 percent to the UW System and 5 percent to local governments.

The site is the result of legislation (Act 66) from Senator Rob Cowles (R-Green Bay) and Representative Samantha Kerkman (R-Salem), the co-chairs of the legislature’s Joint Audit Committee.

“The website prepared and published by DOR, months in advance of the deadline we set by law, meets the requirements in Act 66 and exceeds my expectations,” Cowles said. “I encourage all Wisconsinites to visit the dashboard learn more about where their tax dollars are being used in Wisconsin State Government. I want to thank Secretary Barca and his team at DOR for their efforts to make the dashboard readily available.”

 

Assembly Republicans fail to overturn veto on federal unemployment benefits

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Assembly Republicans unsuccessfully attempted to overturn Governor Evers’ veto of a bill that would have ended federal unemployment benefits.

Assembly Speaker Robin Vos says it’s unfair that businesses have to compete with the federal government. 

“If you pay people over $17 an hour tax free to stay home and not work there are going to be fewer people working it’s not rocket science.”

Minority leader Gordon Hintz says the numbers that Republicans and business leaders are quoting just don’t make sense. 

“You can look right at the unemployment numbers. They continue to go down.  Fewer people are filing unemployment; they’ve gone down the $300 bump.”

Wisconsin’s unemployment rate is 3 point 9 percent, and is below the national average, and many workers have left the retail and service sectors for other positions during the pandemic. 

Governor Evers signs state budget with some vetoes to GOP policy items

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Wisconsin families should be seeing an average income tax cut of 800 dollars under a new state budget signed today by Governor Tony Evers.

Evers says he’s used his veto powers to target those tax cuts to families across the state. 

“I’m newly providing tax relief to more than 1.6 million Wisconsin taxpayers at a time when our economy and Working Families across our state need it the most.”

Republicans had sent the Governor a budget that was far below the spending he requested in February, but Evers says there’s still room for tax cuts for Wisconsin families, along with increases in spending. 

“When combined with prior reductions 2.4 million filers will be receiving tax relief in Wisconsin.”

The Governor also cut a number of policy decisions the GOP added to the budget, including a cut in spending for the lieutenant Governor’s security detail, as well as a proposed drug testing requirement to get unemployment insurance. 

Legislative Republicans say they should be getting credit for the tax cuts.

Joint Finance Committee co-chair Mark Born says Evers made changes that will hurt people, like not changing income tax withholding tables.

“He vetoes the updates to the tax withholding tables that takes money out of people’s paychecks and keeps it instead with the government.”

Evers also shot down a removal of the personal property tax, and Born says they’ll work to get that passed through other means in the future.

Budget panel Republicans cut hundreds of items from Evers’ budget

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Democrats on the legislature’s budget committee are calling Republican cuts to  Governor Tony Evers’ proposed budget “foolish and embarrassing.”

Those comments came after the Joint Finance Committee removed a total of 380 items from the Governor’s budget on Thursday.

Representative Evan Goyke said the cuts would leave a “fiscal hole we will not be able to climb out of.” The Milwaukee Democrat expanded on that, in a YouTube video.

Governor Evers is calling on Wisconsinites to contact their lawmakers to push for items to be reintroduced into the budget, including expansion of Badgercare. “This is an embarrassing decision that will cost Wisconsin for decades to come,” said JFC Democrat, Senator Jon Erpenbach said of the Republican decision to reject federal funding for that.

Other provisions axed by the Republican majority included legalization of marijuana, and increased spending for education.

“The budget that we’re going to be adopting, I believe is going to be reasonable, responsible and realistic,” Joint Finance Committee co-chair, Senator Howard Marklein said prior to Thursday’s first JFC work session.

“It’s pretty clear the governor’s budget is unworkable, unrealistic and unsustainable,” said co-chair, Representative Mark Born. “No Wisconsin business or family would budget the way the governor has, and legislative Republicans will not either.”

Republicans will be working up a new budget off of base — that is, from current budget signed by Evers two years ago. A completed budget is expected to be ready by June or July, at which time Evers can use his extensive veto authority to modify it.

WRN’s Raymond Neupert contributed to this report

Assembly Republicans want state’s American Recovery Act money used to provide property tax rebate

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State Assembly Republicans want some things out of the latest COVID-19 relief package from D.C. – including a tax rebate for property owners.

“We want to make sure our homeowners receive the assistance they need after a difficult year. So we are suggesting providing one billion dollars, to give the equivalent of ten percent return on property taxes to property owners in Wisconsin,” said Representative Mark Born (R-Beaver Dam).

Born co-chairs the legislature’s Joint Finance Committee, which will have no say in how the state’s $3.2 billion share the latest federal stimulus will be allocated. Governor Tony Evers this week vetoed a bill passed by Republican lawmakers last week to give JFC oversight  over federal COVID-19 spending.

Born said the tax rebate would pass legal muster, even though the federal money can’t be used for tax relief.

“We’re not impacting tax law or taxes in any way,” he said Tuesday. “This is aid to households. We’re using property taxes that were paid to arrive at the amount.”

Also during Tuesday’s press conference at the Capitol, Representative Barb Dittrich (R-Oconomowoc) asked for more money for long-term facilities.

“It’s important that we recognize this industry, and the difficult year its been through. And yet the governor didn’t even mention it in his priorities,” she said.

Evers said he’s got that covered in his budget, and in the state’s share of the American Recovery Act. “We will also be prioritizing nursing homes, especially as it relates to the things that they need in order to maintain a safe environment.”

Republicans also want $500 million for broadband expansion. Evers this week said he’ll allocate $600 million for businesses, $200 million toward infrastructure, including expanding broadband access, and another $500 million for continuing the state’s pandemic response.

Assembly Speaker Robin Vos has said Republicans may go to court, in order to get that oversight of the federal money.

Representative Pat Snyder (R-Schofield) said that remains a possibility, and that if the shoe was on the other foot, Democrats certainly wouldn’t want a Republican Governor to have control of the funds. “I think my colleagues across the aisle would love to see the Joint Finance Committee get ahold of those funds,” Snyder told WSAU. “I think that would be the right thing to do as well.”

Assembly Republicans call on Governor Evers to increase funding to schools that had in-person classes

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Assembly Republicans want Governor Evers to prioritize some 20 million dollars in emergency school funding for rural districts that have been holding in-person classes for most of the current year.

State Representative Pat Snyder said schools that prioritized in person classes should get more of that funding. 

“Some of the districts that haven’t been in like say through the first half of this year but came in after Christmas, they wouldn’t maybe get as much as the ones that have been in since September.”

Snyder says says those districts carried a heavy, unplanned financial burden. “Cost they’ve had in cleaning and staff and all the other things that are associated with it.”

That 20 million dollars of CARES act funding is under the Governor’s personal discretion. The state GOP already moved 66 million dollars of CARES funding to those schools earlier this year. 

Joint Finance moves some federal education funds to schools that held in person classes

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Republican members of the state’s Joint Finance Committee have reallocated some federal school funding to prioritize school districts who were open for in person classes this year.

Co-Chair Senator Howard Marklein says schools ought to be rewarded for bringing kids back to school buildings. 

“The motion before us today provides an incentive to those districts that have been doing the right thing and by offering in-person instruction. It also provides an incentive for those schools that are not currently open to in-person instruction.”

But Democrat Senator Jon Erpenbach says that Republicans are being punitive for school districts that had to make a tough choice to move to remote learning.

“Teachers adapted quickly. Administrators adapted quickly. Parents adapted quickly, and the kids adapted quickly. They shouldn’t be punished for that. Individual school districts, through their boards, their elected boards, made their own decisions based on what their community as a whole wanted. They shouldn’t be punished for that.”

The move redirects around $66 million dollars in funding from the program. Another 615 million dollars is directly awarded by the federal government and cannot be moved. 

Evers adds funding for early education, long term care to proposed state budget

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Governor Tony Evers is previewing parts of his proposed state budget, including a new series of grants for those who are caring for their children and loved ones during the pandemic.

The programs will offer up 140 million dollars in total for early childhood programs, and 600 million dollars for long term care programs and those who are stay at home caregivers.

Evers says investing in childcare and the elderly is a moral issue, and not just an economic one and that the pandemic has shown just how frayed the social net in Wisconsin is. Evers is set to announce the full budget proposal next week.

Governor Evers calls for fair maps, more broadband funding, and DWD overhaul in State of the State address

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Governor Tony Evers laid out his roadmap for 2021 at Tuesday night’s State of the State Address.

Evers took little time in laying out tall goals for 2021. Evers says he’ll be calling for a special session of the Legislature to overhaul and rebuild the state’s unemployment system.

“We know that replacing the system will take years. That’s why it should have been done sooner. But it’s also why we don’t have another moment to waste.”

Republicans have been decrying the backlog of unemployment claims that were generated by outdated systems and processes at D W D, and Evers wants them to get together and fix the issue.

Evers says that the massive push for increased internet access showed the vast digital divide across parts of Wisconsin, and that he’ll be stepping up the funding for broadband expansion to $200 million in his next budget.

“This pandemic has shown us first-hand that lack of access to high-speed internet continues to be a setback for kids, families, and businesses across our state.”

Governor Evers says that a fair and open redistricting process will be vital to the state in 2021. Evers says that the last time maps were drawn in the state, Republicans did so in secret with the help of attorneys, and that no one got to provide any input. 

“I’m announcing that my biennial budget is going to make sure that the legislature draws our maps in the light of day, in the public eye, and with public input by requiring public meetings for map drawing process.”

Many of the records for those strategy sessions were never released, and Evers says he doesn’t want to see a repeat of that process. “Because the people of our state deserve to know how these maps are drawn and by whom.”

Evers thanked the people of Wisconsin for their strength and perseverance through the pandemic and what was a tough year, and alled for continued unity among the people of the state.