ReportWire

Tag: kicker

  • OR Department Of Revenue: Get Ready For Kicker – KXL

    [ad_1]

    SALEM, OR – The Oregon Office of Economic Analysis has confirmed a more than $1.41 billion revenue surplus in the 2023-2025 biennium, triggering a tax surplus credit, or “kicker,” for the 2025 tax year.

    The surplus will be returned to taxpayers through a credit on their 2025 state personal income tax returns filed in 2026. It is not sent to taxpayers in a check. The kicker credit will either increase a taxpayer’s Oregon state income tax refund or decrease the amount of state taxes they owe.

    Only taxpayers who filed a tax year 2024 return and also file a tax year 2025 return can receive a kicker. The credit is a percentage of Oregon personal income tax liability for the 2024 tax year. Taxpayers who have not yet filed a 2024 tax return, should file now. That will allow them to claim their kicker credit when they file their 2025 tax return next year.

    To calculate the amount of their credit, taxpayers can multiply their 2024 personal income tax liability before any credits—line 24 on the 2024 Form OR-40 filed earlier this year—by 9.863 percent. This percentage is determined and certified by OEA. Taxpayers who claimed a credit for tax paid to another state would need to subtract the credit amount from their liability before calculating the credit.

    Personal income taxpayers can also determine the amount of their kicker using a “What’s My Kicker? calculator available on Revenue Online. To use the calculator, taxpayers will need to enter their name, Social Security Number, and filing status for 2024 and 2025.

    Taxpayers who don’t have a filing obligation for 2025, still must file a 2025 tax return to claim their credit.

    The 2025 Oregon personal income tax return instructions will include detailed information on how to claim the credit. Full-year Oregon residents will use Form OR-40. Part-year residents will use Form OR-40-P. Non-residents will use Form OR-40-N. Composite and fiduciary-income tax return filers are also eligible.

    Taxpayers should keep in mind that the state may use all or part of their kicker to pay any state debt they owe. These debts can include taxes due for other years, child support, court fines, or school loans.

    Taxpayers can donate their kicker to the Oregon State School Fund for K-12 public education, but they must donate the entire amount. The donation is permanent and cannot be taken back.

    Taxpayers also have the option of donating part or all their refund to any or all the 29 charities approved by the Charitable Checkoff Commission. Taxpayers use Form OR-DONATE to designate their donation to charity.

    For more information, go to the Oregon surplus “kicker” credit page of the Department of Revenue website.

    More about:

    [ad_2]

    Tim Lantz

    Source link

  • Houston Texans Re-Sign Kicker Ka’imi Fairbairn to Three Year, $15.9 Million Deal

    Houston Texans Re-Sign Kicker Ka’imi Fairbairn to Three Year, $15.9 Million Deal

    [ad_1]

    Thus far, if we’ve learned anything since the Texans returned from the NFL Scouting Combine last week, it’s that the team is heavily focused on bringing back some fo their veteran free agents who would be hitting the open market next week. On Tuesday, it was tight end Dalton Schultz re-upping with the Texans on a three year, $36 million deal.

    On Wednesday, it was kicker Ka’imi Fairbairn, signing a three year, $15.9 million deal to return to the team in 2024 and beyond, as first reported by ESPN.com’s D.J. Bien Aime:

    A few thoughts on the Texans checking off an important box on their offseason to-do list:

    Fairbairn is getting paid like one of the best, because he’s been one of the best
    The $5.3 million annual salary puts Fairbairn fourth on the list of kickers in the NFL, with Justin Tucker of Baltimore l leading the way at $6 million per year. The money for Fairbairn is well deserved. He converted 27 of 28 field goal attempts in 2023. Fairbairn missed five games with a  quad injury, but returned strong, and went 9 for 9 to close out the regular season. He went 2 for 3 in the playoffs. Fairbairn’s career field goal percentage of 87.1 percent ranks third among all kickers with at least 100 games played since 2017, and his 94.9 percent field goal conversation rate since 2020 ranks first among kickers who’ve played in at least 25 games. On kickoffs, he is a practically automatic touchback kicker. In short, Fairbairn has been excellent.

    Fairbairn’s injury in 2023 may have actually helped him get this deal done
    If there is one concern, though, it would be injuries. In the last three seasons, Fairbairn has missed nine games — four in 2021, and five in 2023. Ironically, though, Fairbairn’s missing games in 2023 may have actually helped the case to pay him, as the experience of trotting replacement kicker Matt Ammendola out there for each kick was a harrowing adventure. Absence certainly made the heart grow fonder of Fairbairn, and I would say the same thing about punter Cam Johnston, also a free agent, and how it felt trotting Ty Zentner out there for four games to start the 2023 season, while Johnston convalesced from a leg injury.

    Special teams is clearly a priority for the Texans
    While $5.3 million for a kicker may sound pricy, it does line up with the way the Texans prioritize special teams. They were among the highest spenders in the NFL on specialists in 2023, and if they re-sign Johnston, they likely shoot to the top of the list. The results, though, have been worth it, as Fairbairn and Johnston have been key contributors to some of the best special teams units in the league over the last few seasons. Spending in areas like the kicking game will likely always be a thing under GM Nick Caserio.

    The strategy is simple — we trust the ones we know
    DeMeco Ryans said it at the combine last week — the Texans place a heavy value on knowing players as PEOPLE, knowing how they react to adversity, and knowing how they fit in the team’s locker room. As a result, they will attempt to bring back as many GOOD players as they can. The re-signing of Fairbairn clings with this strategy. The question now is “Who’s next?”

    Listen to Sean Pendergast on SportsRadio 610 from 6 a.m. to 10 a.m. weekdays. Also, follow him on Twitter at twitter.com/SeanTPendergast, on Instagram at instagram.com/sean.pendergast, and like him on Facebook at facebook.com/SeanTPendergast.

    [ad_2]

    Sean Pendergast

    Source link