Taxes

Montgomery County officials have been collecting community input on the proposed real estate tax increase. The final 2023 budget is due by Dec. 15.

The Homestead Exemption program enables homeowners to reduce their property tax bill by reducing the taxable portion of their property’s value.

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.

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.

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.

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.

Environmental groups criticize the tax credits because they would heavily subsidize natural gas production, a process that emits the potent greenhouse gas methane.

Economic signs show the start of inflation’s impact on city revenue sources, including sales tax and beverage tax.

Assemblyman Jay Webber (R-Morris) suggested that lawmakers index tax brackets to account for historic inflation rates.

While some townships are looking to save open space through ballot referendums, one Chester County township says that the process is complete.

No one likes paying taxes, but local property taxes in Pennsylvania are especially loathed.

New Jersey officials have introduced bipartisan legislation that would give the state more leverage in a fight to end double taxation for state residents.

But in some states, the tax man may demand a cut of that relief. That’s because some states tax forgiven debt as income.

School supplies like backpacks, notebooks, index cards, and pencils are tax-free.

The flagship climate change and health care bill will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system.