Kansas angel tax credits signed into law

Months of hard work by Kansas City entrepreneurs has paid off. Kansas Gov. Sam Brownback on Wednesday signed an extension of the Angel Investor Tax Credits into law, preserving what supporters say is the state’s only financial incitive specifically for startups. The law goes into effect on July 1, 2016. Kansas Senate Bill 149 will…

Read More

Kansas’ angel tax credits sprint to legal finish line

The Kansas House of Representatives nearly unanimously agreed that the state’s Angel Investor Tax Credits program must continue to boost early-stage businesses. The House voted 122 to 3 in favor of a measure that will extend the life of the $6 million program until 2021. Angel investor tax credits, which are set to expire in 2016,…

Read More

Kansas’ angel tax credits score first victory but hurdles remain

A bill extending Kansas’ popular Angel Investor Tax Credits scored its first victory Thursday, but legislators must make quick work of the measure if the program is to survive. The Kansas House Committee on Taxation unanimously approved a measure to continue the program, which offers accredited investors a tax credit of up to $50,000 on…

Read More