House Bill 58 would increase the state wholesale tax in cigarettes from the current three cents per cigarette for five and two-tenths cents. That would raise the state tax on a pack of cigarettes from the current 60 cents to $1.04.
Tax Day is approaching on April 18th this year. Everyone wonders how they will be affected each year financially when it comes to tax time, especially over the course of the past few years with the pandemic era hitting a lot of people hard.
In case you haven't been paying attention to your calendar, it has been approaching mid April very quickly! This year, Tax Day is happening on Monday, April 18th! Have you done yours? Do you still need to prepare? And just what kind of tax return are you expecting this year?