WebFeb 23, 2024 · Supportive Housing Services Tax. The Supportive Housing Services Tax is a program to raise money for people experiencing homelessness or at risk for experiencing homelessness. Initiated by Metro, the regional government of Clackamas, Multnomah and Washington counties, the program was passed by voters in May 2024 and will be funded … WebFeb 17, 2024 · The Portland Metro district has issued guidance on the implementation of the Metro Supportive Housing Services Income Tax approved by voters in May 2024 and effective for tax years beginning on or after January 1, 2024. The tax is imposed on business profits and individual income after specific thresholds are met. Proceeds from this new …
Portland Metro Implements New Income Tax for Metro Supportive Hou…
Web2 days ago · The Housing and Urban Development Department in March published a final rule that would let borrowers in default modify their existing 30-year Federal Housing Authority mortgage to a 40-year term ... WebNov 2, 2024 · Metro Supportive Housing Services (SHS) Tax This new 1% marginal income tax is levied on taxable income of more than $125,000 for individuals and $200,000 for couples filing jointly, plus a 1% tax on profits from businesses with gross receipts of … grease can for grill
HUD expands 40-year mortgage eligibility. Experts see potential …
WebApr 5, 2024 · In May 2024, voters in the Portland metropolitan area approved a ballot measure creating an income tax to fund housing services for individuals experiencing homelessness. Effective January 1, 2024, the Metro Supportive Housing Services (SHS) … WebFeb 14, 2024 · The Supportive Housing Services fund was approved by Metro voters in May 2024; it is the first business and personal income tax for Metro. The program collects a 1% tax on personal taxable income above $125,000 for individuals and $200,000 for those filing jointly, and a 1% tax on net income for businesses with gross receipts above $5 million. WebFebruary 7, 2024 9:41 AM. Turbo Tax handled the Portland Arts Tax last year and again this year. Follow these steps: Enter your return, go to federal, deductions and credits, scroll down to Estimates and Other Taxes Paid, select Estimates, scroll down to the bottom option, … grease camera hollywood grease film