Posts Tagged ‘Income tax’
Del. Senate Advances Tax Relief Bills For Retired Military, Active Fire-EMS
Thousands of retired military service members and Delaware first responders could get relief on their taxes. One measure passed by the State Senate Tuesday would exclude up to $12,500 worth of military pension income from state tax calculations for all retired service members, regardless of age, starting in 2023. “Our nation’s retired service members, each…
Read MoreWorcester Co. FY ’21 budget holds the line on property taxes
Worcester County will maintain its real property tax rate at 84.5 cents per $100 of assessed value under a budget approved by County Commissioners for fiscal year 2021. The spending package totals more than $204,000,000, one-and-a-half percent more than the current year’s budget. Worcester County Officials say they tried to act proactively to address the…
Read MoreDE Revenue Officials See Increase in Overstating DE Withholding
Tax season is well underway – just over six weeks before federal taxes are due – and 2 months before Delaware State taxes are due. Delaware revenue officials are seeing an uptick in Delaware returns that are reporting overstated Delaware income tax withholding. They remind you that the report is limited to the total in…
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