Missouri New Tax Laws Senate Bills 190 and 756

• New tax laws going into effect.

• Two new laws were passed and we need to implement the necessary changes.

• Senate Bill 190

• Senate Bill 756

• Enterprise ERP

• Property Tax Billing

• Missouri Tax

New state laws passed for certain seniors who are eligible for Social Security retirement benefits.  This act modifies the definition of "eligible credit amount" and adds a definition of "initial credit year".  This act also modifies the definition of "eligible taxpayer" by providing that a taxpayer be 62 years of age or older, rather than eligible for Social Security retirement benefits.

Development is currently researching the issue.

Please reach out to Enterprise ERP Tax Support for further assistance.