Posts Tagged ‘taxes’
Worcester Co. Adopts $227-Million FY ’23 Operating Budget
The Worcester County Commissioners have approved a Fiscal Year 2023 operating budget of nearly $227-million.Spending grows by $10.4-million, or 5%, from the FY ’22 budget while reducing requested expenditures by $2.7-million. The budget contains no increase in the Worcester County real property tax rate and local income tax rate.Spending priorities include public safety, education and…
Read MoreWhat Does TurboTax Settlement Mean To Md., Del.?
About 66,000 Maryland consumers can expect checks in the mail under a settlement reached with all attorneys general and Intuit, the owners of Turbo Tax.Maryland AG Brian Frosh said Wednesday that the state expects to receive more than $2-million. Delaware Attorney General Kathy Jennings said the settlement would direct more than $400,000 to The First…
Read MoreDel. State Tax Filing Deadline Is Here
Federal Tax Deadline Is Monday; Del. Deadline This Year May 2nd; Marylanders Have Until July 15th To File
Federal personal income taxes are due on Monday.IRS officials urge you to file electronically – and use direct deposit.Delaware State taxes are not due until May 2nd. The normal deadline is April 30th, but that is a Saturday this year.Maryland State taxes were pushed back to July 15. The IRS provided the following information for…
Read MoreMd. Estimated Tax Deadline Extended
Maryland individual taxpayers who pay estimated quarterly taxes now have until July 15th to make payments for the first- and second quarters of tax year 2022. State Comptroller Peter Franchot said this makes extra time available for taxpayers, many of whom have faced financial hardship during the COVID-19 pandemic, to improve their financial circumstances. The…
Read MoreGun Rights Watchdog Enters Del. Political Arena
A well-known presence at Legislative Hall in Dover is hoping to be elected to a position on Kent County Levy Court. Mitch Denham, President of Delaware Gun Rights, has filed with the Kent County Board of Elections to run in the 6th district, which is western Kent County. Commissioner Glen Howell is serving his second…
Read MoreGOP Lawmakers React To Gov. Carney’s Address
A few compliments, but also some concerns and criticisms, came Governor John Carney’s way Thursday as Republican legislative leaders reacted to his State of the State Address. State Senate Minority Leader Gerald Hocker, R-Ocean View, pointed out that he heard nothing mentioned about what would be done to help students make up for lost learning…
Read MoreVIDEO | Gov. Carney Highlights Education, Budget Stability, Workforce, Support For Family Leave In State Of The State Address
Governor John Carney stressed budget sustainability, workforce development, housing, education and the environment among other priorities as he delivered his 2022 State of the State Thursday afternoon to a joint session of the Delaware General Assembly. Carney also touched upon the state’s ongoing commitment to expand access to broadband internet More spending specifics will come…
Read MoreMd. Tax Filing Season Begins Mon.; State Deadline Extended Until July 15th
Del. Eligible Disabled Veterans May Apply For School Property Tax Credit
Eligible disabled veterans in Delaware may apply for a non-vocational school district property tax credit. Legislation signed by Governor John Carney over the summer allows school districts to grant the tax credit to eligible disabled veterans. All 16 non-vocational districts have approved the credit. To be eligible, applicants must: Receive 100% disability compensation due to…
Read MoreBerlin Mayor Vetoes Council’s Amended Budget
Berlin Mayor Zack Tyndall has vetoed the amended budget approved by the town council last week. Tyndall says he proposed a balanced FY22 budget – keeping the tax rate the same and including capital projects and contributions to build up the town’s depleted reserve funds. However, the council approved a seven-page amendment to the Mayor’s…
Read MoreMd. Taxpayers Warned Of Attempted Scam
Marylanders are being warned about a fake collections agency that’s attempting to steal from taxpayers. According to Comptroller Peter Franchot, scammers are using publicly-available information about liens to notify people by letter that they are a collections agency operating on behalf of the Comptroller of Maryland. Franchot said the letter is not legitimate, and anyone…
Read MoreDel. Legislation Would Create 3 New Tax Brackets
Some Delaware lawmakers want to create three more personal income tax brackets for higher wage-earners, an action that would affect Delawareans whose taxable personal income exceeds $125,000. Representative John Kowalko, D- Newark South, said the bill intends to ensure a more fair and equitable progressive tax structure that’s sustainable and not overly burdensome to any…
Read MoreProcessing of Paper Income Tax Returns to Temporarily Stop on April 15 Due to COVID-19
Maryland Comptroller Peter Franchot has urged taxpayers seeking refunds to file electronically as soon as possible and announced that the agency will temporarily stop processing paper tax returns on April 15, in an effort to keep essential employees safe amid the spread of coronavirus (COVID-19). “We remain committed to getting refunds into taxpayers’ bank accounts…
Read MoreAll MD Comptroller Branch Offices Closed – Taxpayer Help Available by Phone or Email
Maryland extends income tax deadline to July
Following a press conference from the White House where it was announced there would be a 90-day extension of the April 15th deadline for federal income tax payments, Maryland Comptroller Peter Franchot has announced that Maryland business and individual income taxpayers will be afforded the same relief. No interest or penalty for late payments will…
Read MoreSussex County Tax Bills On the Way
Sussex County tax bills are on the way! The County has sent out bills that cover more than 179,000 parcels – which will bring in about $160.2-million which pay for local services. The annual tax bills include County property taxes, County sewer and water, tax ditch and street lighting fees, where applicable, plus local school…
Read MoreProposed FY 2020 Sussex County Budget Unveiled
The Sussex County Council has been presented with the proposed FY 2020 budget. The nearly $186-million spending plan includes no increase in the property tax or sewer service charges – however there are some fee increases – including in the Register of Wills office and for private road plan review and inspections through the Public…
Read MoreRehoboth Commissioners Approve $24.3-m Budget for 2019-2020 Fiscal Year
Rehoboth Beach is ready to begin the new fiscal year now that a $24.3-million balance budget has been approved for the FY 2019-2020 fiscal year. The budget includes funding for the city administration and police department, streets department and parking department. The city expects to collect revenues of $11.2 million in parking revenue, real estate…
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