2023 Hawaii Wildfires FAQs

Sep 1, 2023

2023 Hawaii Wildfires FAQs I. Payment and Filing Relief and Extensions: Will tax deadlines be extended for all taxpayers? No. The Department of Taxation (“Department”) will consider requests for extensions and requests for waivers of late payment penalties...

What would recession do to Hawaii’s Tax Revenues?

Jun 27, 2022 | Tax Research Insights

There has been significant talk of a recession in the financial press. High levels of inflation have prompted the Federal Reserve (Fed) to take decisive action by raising the benchmark interest rates. Will the abrupt change in monetary policy cause a recession? And if...

Hawaii Tax Forms (Alphabetical Listing)

Nov 7, 2018

Hawaii Tax Forms (Alphabetical Listing) Form ITPS-COA – Change of Address (Rev. 2018) Please select a letter to view a list of corresponding forms. A | B | C | D | E | F | G | H | I | L | M | N | P | R | S | T | U | V Tax Forms Beginning with A Form No. Name...

Hawaii Tax ID Number Changes

May 3, 2016

Hawaii Tax ID Number Changes The Department of Taxation is moving to a new integrated tax system as part of the Tax System Modernization program. As of August 14, 2017, this system supports the following business tax accounts: Corporate Income Tax (CO) General...

Increased Claims in the Earned Income Tax Credit are Mostly in the Lower Income Brackets in Tax Year 2021

Oct 26, 2023 | Tax Research Insights

Hawaii has several tax credits that promote social welfare. The Food/Excise Tax Credit is the most frequently claimed tax credit. The Earned Income Tax Credit (EITC) is the second most commonly claimed tax credit. The credit is 20% of the federal EITC allowed and...