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Revenue Staff Work On New Kansas Tax Rules

Reporter: KAKE News

Saturday, June 23, 2012

Kansas Department of Revenue staff is working this summer to write the new rules and regulations that will guide the agency as it implements a sweeping series of cuts to the state's income tax system.

Secretary Nick Jordan says the agency is meeting with accountants and lawyers to discuss the new law and write the policies that will govern how taxes are collected for individuals and businesses.

The new law will decrease rates for all individual income taxpayers, dropping the top rate to 4.9 percent from 6.45 percent for 2013. The standard deductions claimed by heads of household and married couples filing jointly also will increase.

New rules must be in place by Jan. 1 when the tax changes take effect.