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Taxes

A sweetened beverage tax sign is seen below a row of Coca Cola bottles
PlanPhilly
Politics & Policy

Philly Councilmember David Oh introduces bill to repeal city’s sugary beverage tax

If City Council passes the bill and it becomes law, the Philadelphia Beverage Tax would disappear on July 1, the first day of the city’s next fiscal year.

3 years ago

Ethan Miller works on his taxes at home in Silver Spring, Md., Friday, Jan., 21, 2022. (AP Photo/Jacquelyn Martin)
Money

Taxpayers face overloaded IRS as filing season opens Monday

“The IRS right now has unacceptable backlogs and the customer service that people are receiving is not what the American public deserves.”

3 years ago

FILE - Pedestrians and a food delivery man are seen outside the Trump building at 40 Wall Street in New York's Financial District, Tuesday, March 23, 2021.  The New York attorney general, Tuesday, Jan. 18, 2022, says her investigators have uncovered evidence that former President Donald Trump's company used 'fraudulent or misleading' valuations of its golf clubs, skyscrapers and other property to get loans and tax benefits. (AP Photo/Mary Altaffer)
Courts & Law

New York AG says Trump’s company misled banks, tax officials

New evidence shows that Trump’s company used “fraudulent or misleading” valuations of its golf clubs, skyscrapers, and other property to get loans and tax benefits.

3 years ago

day care children walking on street
Keystone Crossroads
Politics & Policy

Philly pushes to connect thousands of families to expanded child benefits, stressing need to file taxes

City officials are trying to reach at least 10,000 city families who officials believe have missed out on all payments.

3 years ago

New Jersey Gov. Phil Murphy speaks to supporters
Politics & Policy

Murphy sworn in for second term with a goal to cut property taxes

After narrowly winning reelection on a progressive platform, Murphy is focusing his second term on dealing with a perennial problem in New Jersey: high property taxes.

3 years ago

See-through barriers separate gamblers and a dealer at a card table at the Hard Rock casino
Politics & Policy

Controversial tax breaks for AC casinos pass in N.J. Legislature

The bill would reduce how much AC casinos will pay in lieu of taxes to the local governments and school system next year.

3 years ago

In this April 29, 2021, file photo, students line up to enter Christa McAuliffe School in Jersey City, N.J. Children are having their noses swabbed or saliva sampled at school to test for the coronavirus. As more children return to school buildings this spring, widely varying approaches have emerged on how and whether to test students and staff members for the virus.
Politics & Policy

What N.J. ‘s newly signed child care tax credit law means for families

New Jersey families making up to $150,000 will be eligible for child care tax credits when they file their 2021 taxes next year.

3 years ago

Homes in Jersey City, NJ in March, 2016.
Money

A new poll says taxes are the top issue of concern for N.J. residents

The Garden State leads the nation in property tax burden, with homeowners paying an average of more than $9,000 in 2020.

4 years ago

Vice President Kamala Harris listens as President Joe Biden speaks during an event to mark the start of monthly Child Tax Credit relief payments, in the South Court Auditorium on the White House complex, Thursday, July 15, 2021, in Washington. (AP Photo/Evan Vucci)
Keystone Crossroads
Politics & Policy

From day care to avoiding debt: Child tax credits quietly underwrite family expenses

The monthly cash has helped parents cover basics such as child care costs and plan for the future. Will the program be extended in D.C.?

4 years ago

Listen 4:23
Delaware County Courthouse (Google Maps)
Urban Planning

Delco challenges tax-exempt properties, says school districts are shortchanged millions

Each of the properties of concern are owned by municipalities but are said to have for-profit businesses operating on the premises.

4 years ago

President Joe Biden arrives on stage
Keystone Crossroads
Politics & Policy

Biden’s child tax credit is cutting poverty in Philly, but many with deepest needs aren’t getting the cash

Amid some success stories, a Keystone Crossroads investigation finds that a large percentage of those most in need in Philadelphia don’t seem to be getting the cash.

4 years ago

Listen 4:43
Trucks and cars travel down the highway.
Urban Planning

Transportation funding report could launch years of debate in Pa.

The report comes amid a stalemate over increasing funding for highway construction in Pennsylvania, and as states increasingly experiment with a vehicle-miles-traveled fee.

4 years ago

W-4 form
Money

Philadelphia tax revenue is up, but concerns linger about future finances

The city of Philadelphia is doing better in tax collections, but the group monitoring its money says they aren’t completely back to pre-pandemic levels.

4 years ago

A parking lot at Juniper and Race streets in Center City.
PlanPhilly
Urban Planning

Philly’s proposed parking tax cut dies in council budget talks

A Council bill that would have cut Philly’s parking tax rate by nearly a third died during budget negotiations. The plan would have cost some $130 million in lost city revenue

4 years ago

A child plays at a Philly sprayground
Politics & Policy

IRS launches new online sign-up for advance child tax credits

The IRS has launched an online portal to sign up for the credits, which will start hitting bank accounts in mid-July.

4 years ago

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