Wyoming’s Governor Mark Gordon has signed the bill (S.F. 48) on 24 February 2025, which increased the property tax exemption for personal business property from USD 2,400 to USD 75,000 in fair market value per county. The new threshold takes effect on 1 January 2026.
Related Posts
US: IRS urges taxpayers, businesses to safeguard financial records
The US Internal Revenue Service (IRS) has issued guidance during National Preparedness Month encouraging taxpayers to
Read More
US: IRS announces benefits of expanded online services
The US Internal Revenue Service (IRS), in a release on 28 August 2026, encouraged taxpayers to explore the growing
Read More
US: IRS urges extension filers to submit 2025 tax returns using IRS Free File
The US Internal Revenue Service (IRS) has issued a release urging taxpayers who received filing extensions to use IRS
Read More
US: Treasury, IRS consults proposed immigration-status restrictions on refundable tax credits
The US Department of the Treasury and the Internal Revenue Service (IRS) proposed regulations (REG-119882-25) on 20
Read More
US: IRS retires FIRE system, requires transition to IRIS before 2027 tax season
The US Internal Revenue Service (IRS), in a release on 24 August 2026, has reminded information return filers who
Read More
US: Treasury, IRS propose regulations to reshape CFC income inclusion rules among US shareholders
The US Treasury and the IRS have proposed regulations (REG-115646-25) establishing rules for allocating a controlled
Read More