Taxes
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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year ago
The earned income tax was meant to slow the rapid influx of development — including plans for more than 450 housing units and a 332-unit apartment complex.
1 year ago
Limerick Township proposes tax increase to preserve land amid rise in development
On the November ballot, Limerick Township residents will decide if they want to pay more earned income tax used to preserve open space, which could slow down development.
1 year ago
Pa.’s natural gas industry set to get billions in state tax credits
Environmental groups criticize the tax credits because they would heavily subsidize natural gas production, a process that emits the potent greenhouse gas methane.
1 year ago
The IRS is increasing the standard deductions for 2023 as inflation intensifies
The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.
2 years ago
Impact of inflation starting to show in Philly revenue report
Economic signs show the start of inflation’s impact on city revenue sources, including sales tax and beverage tax.
2 years ago
New Jersey child tax credit signed into law, GOP wants more tax reform
Assemblyman Jay Webber (R-Morris) suggested that lawmakers index tax brackets to account for historic inflation rates.
2 years ago
West Sadsbury Township is looking to axe open space tax at the ballot
While some townships are looking to save open space through ballot referendums, one Chester County township says that the process is complete.
2 years ago