Taxes
Philly City Council reaches deal on budget with property and wage tax relief
Budget negotiations were fraught with concerns over steep increases in property valuations that threatened big tax hikes for many Philly homeowners.
2 years ago
N.J. Democrats announce property tax relief, GOP to seek vote on rebate
Homeowners making less than $150,000 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
Lawmakers slash proposal to nearly double property tax credit for Delaware seniors
GOP Rep. Kevin Hensley said the state’s nearly $700 million budget surplus warranted a larger credit. Dems who control the budget-writing panel thought otherwise.
2 years ago
Eyes on the Street
These tax relief bills must pass amid Philly property reassessments
Community Legal Services breaks down a package of bills that aim to lessen the burden for Philly homeowners after residential property values went up by an average of 31%.
2 years ago
Some N.J. gas stations lower price to demonstrate self-serve savings at the pump
More than 75 gas stations throughout the state demonstrate how much money motorists can save, if the legislature passes a bill permitting self-serve gas.
3 years ago
Philly City Council considering measures to ease impact of new property assessments
Values for residential properties went up by an average of 31% compared to the last assessments in 2019, burdening homeowners across the city.
3 years ago
Philly’s new property tax assessments: How to challenge your new valuation
The average residential assessment is rising by 31% and a large number of challenges are expected. Plus, here are some programs to offset the burden.
3 years ago
Owners of The Original Tony Luke’s cheesesteak shop plead guilty to tax fraud
Prosecutors say the cheesesteak shop owners bilked the IRS out of between $550,000 and $1.5 million.
3 years ago
Real estate assessment could mean higher property taxes for many Philly homeowners
About 20% of homeowners are appealing after Philly’s first assessment in several years shows some big increases in property values.
3 years ago
Poll: Quality of life good in N.J., but people want to leave due to costs and taxes
Nearly two-thirds surveyed in a Monmouth University poll say they would like to leave New Jersey because it costs too much.
3 years ago
Washington state retools a first-in-nation payroll tax plan for long-term care costs
The WA Cares Fund would help alleviate the financial burden of long-term care by providing workers a lifetime benefit of $36,500.
3 years ago
Billy Penn
Did COVID, remote work, or job changes make paying taxes more confusing? You’re not alone.
3 years ago
$300 tax rebate coming to Delawareans next month as inflation relief
The money will be mailed to residents who filed a 2021 tax return for 2020 earnings.
3 years ago
The tax levied on the sale of property went to 4% in 2017. That’s $12,000 on a $300,000 home. Proponents of the bill want to return the tax to 3%.
3 years ago
Judge rules against Delaware port operator in tariff dispute
The judge also ruled Tuesday that GT USA Wilmington cannot block Buckeye Partners or its customers from accessing an adjacent fuel storage terminal.
3 years ago