Tom Yamachika
Latest from Tom Yamachika
Community Voices: Nonresident withholding, six years later
State legislators passed a law six years ago impacting any partnership, estate or trust operating in Hawai‘i to withhold taxes for nonresident partners. Now the state Department of Taxation has finally issued the rules to start collecting. Here's what you need to know.
Tom YamachikaOctober 07, 2025
Community Voices: What's happening with state and local tax deductions
What Hawai‘i taxpayers need to know about changes to the SALT deductions.
Tom YamachikaSeptember 30, 2025
Community Voices: Your money stays in Vegas — then the IRS wants some
A trip to Hawai‘i's Ninth Island could have tax ramifications, if you're writing off gambling losses to offset gambling gains. Here's how the One Big Beautiful Bill Act is changing those equations, and a look at what the State of Hawai‘i will have to consider regarding its own gambling taxes.
Tom YamachikaSeptember 23, 2025
Community Voices: Charitable giving under the One Big Beautiful Bill Act
Hawai‘i's nonprofits rely on charitable contributions from generous individuals. Here's what you need to know about the new tax rules for writing off these donations on your taxes.
Tom YamachikaSeptember 14, 2025
Community Voices: No tax on tips
A closer look at what "no tax on tips" in the federal One Big Beautiful Bill Act means for Hawai‘i's workers and employers.
Tom YamachikaSeptember 02, 2025
Community Voices: Classroom heat
The Department of Education spent $100 million on classroom air conditioners. Now the Hawai‘i State Auditor finds that the DOE has no idea where the money went.
Tom YamachikaAugust 25, 2025
Community Voices: No tax on overtime
Here's what the "no tax on overtime" provisions of the One Big Beautiful Bill Act will mean for your pocketbook.
Tom YamachikaAugust 18, 2025
Community Voices: Encumbrance for the stadium
Under the State of Hawai‘i's constitution and accounting rules, the $350 million budgeted for a new stadium has lapsed, and yet authorities are proceeding as if it hadn't.
Tom YamachikaAugust 11, 2025
Community Voices: Constitutional expenditure controls
Over the past 50 years, the Hawai‘i state Legislature has steadily whittled away at constitutional controls over its spending.
Tom YamachikaAugust 04, 2025
Community Voices: Pay for no work
In Hawai‘i's broken civil service system, hundreds of state workers are getting paid to do nothing while investigations into their job performance linger.
Tom YamachikaJuly 28, 2025
Community Voices: Nonprofit Blankety Blank bill
In a rush to help nonprofits that are losing federal funding, the Hawai‘i state Legislature pulled together Senate Bill 933, now Act 310 of 2025, putting $50 million in the hands of a four-person committee that will meet in secret. And the Legislature could not have known what it was voting for — this was yet another Blankety Blank bill devoid of financial details.
Tom YamachikaJuly 21, 2025
Community Voices: SNAP cliffs are coming
The federal government will have fully funded the cost of food for the Supplemental Nutrition Assistance Program through 2027. But now that the federal One Big Beautiful Bill Act is law, that is going to change — potentially putting Hawaiʻi at least $36 million in the hole.
Tom YamachikaJuly 15, 2025
Community Voices: Ending 'the turf war' around building schools
Until HB422 gets passed into law, the Hawai'i Department of Education has been urging lawmakers to spend general fund money on building new local schools.
Tom YamachikaJuly 07, 2025
Community Voices: Twenty years of nickels
You buy your bottled beverage. You pay your five cent deposit. What happens next is a mess, and has been for decades.
Tom YamachikaJune 30, 2025
Community Voices: That Dam Special Fund
With the help of the Hawai‘i state legislature, the state Department of Land and Natural Resources turned an appropriation into a seemingly permanent special fund. It may be for a good cause, but it's not how special funds are supposed to work under the state constitution.
Tom YamachikaJune 23, 2025
Community Voices: Intent to Veto
Among the 19 bills on Gov. Josh Green's veto list are two concerning taxation. Did you know that Hawai‘i still offers certain tax credits for sugar cane — and that in 2025, there are still people interested in them? A bill to eliminate such credits is among the possible vetos.
Tom YamachikaJune 16, 2025
Community Voices: The Unseen Stopper Committees
The recently concluded Legislative session highlighted an undemocratic trend at the Legislature — finance committees gaining power over legislation of all kinds, whether there's a financial impact or not.
Tom YamachikaJune 09, 2025
Community Voices: Light at the End
While previous laws put a 15-year statute of limitations on uncollected tax debt, the state Department of Taxation had been finding legal workarounds to chase the money past that point. Act 68, recently signed into law by Gov. Josh Green, requires the state Department of Taxation to release tax debt that it hasn't been able to collect.
Tom YamachikaJune 02, 2025
Community Voices: Legislators ignore rules for special funds
The state Office of the Auditor analyzed 86 proposed special and revolving funds proposed by the Legislature in this past session. Not a single one of them met the legal criteria for establishing such funds.
Tom YamachikaMay 26, 2025
Community Voices: 2025 Legislative Also-Rans
This week, we will be looking at a few bills that passed both houses of the legislature, but did not make it through conference. Those bills may come back to haunt us next year, including capital gains taxes, "green fees" on Hawai‘i visitors and more.
Tom YamachikaMay 19, 2025
Community Voices: The major raid that wasn’t
The state Legislature came close to raiding nearly $320 million from 97 different special funds this session.
Tom YamachikaMay 05, 2025