ELDRED, NY — Highland officials on February 13 threw the town’s hat into the ring for a new economic development program spawned by the recent federal tax legislation, the Opportunity Zones Program.
LIBERTY, NY — The United States Congress passed a new tax bill in December of 2017 that can present new considerations for farm business owners. A Farmer Tax School program will be held on Wednesday, February 28 to educate local farmers about this tax overhaul, the largest in over 30 years.
HONESDALE, PA — The Wayne County Commissioners began their January 25 meeting with something different: a resident’s complaint.
Milanville Road property owner Richard Miller appeared before the panel questioning why his tax bill had increased $12,500, when there had been no improvements on the land and “nothing in years.”
Many people who pay high property taxes, pay high state income taxes and itemize deductions for any reason are going to see increases in their 2018 tax bills.
BEACH LAKE, PA — Without fanfare, board discussion, or public comment, the Berlin Township Board of Supervisors voted unanimously at its December 19 meeting to adopt a 2018 budget that once again reflects no tax increase.
WASHINGTON, DC — For better or worse, the controversial Tax Cuts and Jobs Act that has been pushed through Congress in recent weeks was given final passage by the House of Representatives on December 20, by a 224-201, mostly party-line vote. Donald Trump is expected to sign it into law in early January.
HONESDALE, PA — The 2018 Wayne County budget is calling for a property tax increase for the first time since 2013.
WASHINGTON, DC — People on both sides of the political aisle believe the Senate tax cut legislation that was passed on December 1 will be good for their party in the election in 2018. Republicans think it will help them maintain control of the Senate, but Democrats believe just the opposite. On the day it passed, Sen.
HONESDALE, PA — The U.S. Senate’s version of tax reform was unveiled on November 7, and it would eliminate all state and local tax (SALT) tax deductions from federal income tax bills. The House version would have allowed $10,000 in property-tax deductions. The reaction from politicians came quickly.
HONESDALE, PA — Human Services Director Andrea Whyte delivered the state’s bad news to the county commissioners on November 9.