Taxes
Breaking down Shapiro’s plan to eliminate two of Pa.’s cell phone taxes
As part of his first budget proposal, Gov. Shapiro wants to eliminate both the sales and use tax and the gross receipts tax on cell phone services.
1 year ago
A Pa. hospital’s revoked property tax exemption is a ‘warning shot’ to other nonprofits, expert says
Judge Christine Fizzano Cannon found that the nonprofit Tower Health system was operating a Montco hospital with the motive of profit.
1 year ago
Philadelphia may reinstate discount for early payment of property taxes
The city discontinued the discount in 2021 amid a revenue shortfall caused by the COVID-19 pandemic.
1 year ago
The county’s chief financial officer “did not hold, or even apply for” a required certification during his entire tenure, per the report.
2 years ago
Trump Organization fined $1.6 million for tax fraud
A fine was the only penalty a judge could impose on the Trump Organization for its conviction last month for 17 tax crimes, including conspiracy and falsifying business record
2 years ago
Pennsylvania Turnpike tolls to increase for 15th consecutive year
The Pennsylvania Turnpike Commission will raise rates for the 15th year in a row starting in 2023. The 5% increase will take effect on Jan. 8.
2 years ago
Trump’s tax returns released after long fight with Congress
Aspects of Trump's finances had been shrouded in mystery and intrigue since his days as an up-and-coming Manhattan real estate developer in the 1980s.
2 years ago
House panel to release report on Trump’s tax returns
The Democratic-controlled House Ways and Means Committee has voted along party lines to publicly release a report on Donald Trump’s tax returns.
2 years ago
The deadline to apply for New Jersey’s ANCHOR property tax relief is quickly approaching
Qualified homeowners making less than $150,000 in 2021 will receive a tax credit of $1,500, while those making $150,000 to $250,000 will receive a tax credit of $1,000.
2 years ago
Listen 1:54Philly City Council to consider tax break measure to add more affordable housing
The goal of the measure introduced by Council President Clarke is to preserve and build new affordable housing in parts of Philadelphia.
2 years ago
Montgomery County proposes a real estate tax hike and employee salary bump in 2023 budget
Montgomery County officials have been collecting community input on the proposed real estate tax increase. The final 2023 budget is due by Dec. 15.
2 years ago
Thursday is the deadline for Philly’s Homestead Exemption
The Homestead Exemption program enables homeowners to reduce their property tax bill by reducing the taxable portion of their property’s value.
2 years ago
Supreme Court OKs handover of Trump tax returns to Congress
Alone among recent presidents, Trump refused to release his tax returns either during his successful 2016 campaign or his four years in the White House.
2 years ago
Accountant testifies Trump claimed decade of huge tax losses
Donald Trump reported losses on his tax returns every year for a decade, including nearly $700 million in 2009 and $200 million in 2010, his longtime accountant testified.
2 years ago
Supreme Court paves the way for release of Trump’s tax returns to a House panel
The decision likely means that the returns will be released to the Committee immediately, ending a multi-year legal battle.
2 years ago