Monday, January 21, 2013
If you want to get a jump on tax season, you can file your return starting on January 30
You'll have to wait a bit if you are used to filing your annual tax return at the earliest possible date. The Internal Revenue Service has revised its opening date for tax season -- pushing it eight days to January 30, 2013. The tax filing deadline is Monday, April 15 The IRS will begin accepting tax returns on January 30, 2013. Most taxpayers should be able to file on that date though some revised forms may not be immediately available. You can blame the delay on the federal "fiscal cliff" crisis and the new tax bill Congress passed just after Dec. 31. You can find more information in this Forbes article. Electronic filing season was originally set to start on Jan. 22 this year. As a result of the delay, nobody will get a refund in …
Sunday, November 25, 2012
Business owners say they are waiting to hire new workers or expand operations until the fiscal cliff is resolved by Congress.
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Sunday, November 25, 2012
By Eric Boehm | PA Independent HARRISBURG — Pennsylvanians will face billions of dollars in higher taxes unless Congress acts by the end of the year to defuse a threatening combination of tax increases and spending cuts contained in the so-called “fiscal cliff.” A recent report by the state’s Independent Fiscal Office, Pennsylvania’s version of the federal Congressional Budget Office, suggests the fiscal cliff would drain billions from Pennsylvania’s economy, putting a strain on state tax revenues and the state budget. Based on estimates from the Tax Policy Center, a nonpartisan think tank in Washington, D.C., the IFO projects the fiscal cliff will raise federal taxes by $536 billion — with about 4.1 percent of that total, or $22 billion, …
Tuesday, November 20, 2012
U.S. Sen. Pat Toomey tells Valley Chamber of Commerce that without reform, current federal deficit spending will lead to much more painful cuts.
U.S. Sen. Pat Toomey spoke to members of the Greater Lehigh Valley Chamber of Commerce at a breakfast gathering Monday at DeSales University and neither the eggs nor the message was sunny side up. The Pennsylvania Republican and well-known deficit hawk addressed the so-called “fiscal cliff” the U.S. government is facing Jan. 1 if Congress and the Obama administration cannot make a deal to avert tax increases and spending cuts that will automatically kick in. But Toomey, whose family lives in Upper Milford Township, said that the across-the-board spending cuts slated for Jan. 1 look mild compared to future actions that will be needed if the nation doesn’t start shrinking the federal deficit and paying down the debt. The fiscal cliff would …
Friday, November 4, 2011
The 2012 Upper Macungie budget shows no property tax hike or increases in recycling and sewer fees.
Upper Macungie Township residents will not incur a property tax increase under a 2012 budget presented to supervisors Thursday night by township treasurer and tax collector Barry Moyer. "We have enough money to cover our expenses this year, so we don't have a tax increase this year, which is a good thing," Moyer said. Upper Macungie implemented a 1-mill tax hike in 2011, making the total property tax tariff 2-mills, where it will remain next year. The township's total 2012 budget is $16,536,000, up from $14,775,200 last year. Moyer projects a total increase in revenue of $1,547,000, including line items such as earned income and rent collected from the new State Police barracks. Moyer projects decreases in revenue of $398,000 from line …
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Saturday, August 20, 2011
Corbett's relative popularity among recently-elected Republican governors is the result of low-key union negotiations and tough spending cuts, officials say.
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Saturday, August 20, 2011
By Caleb Taylor | PA Independent Gov. Tom Corbett may have traded away the chance to get tough on Pennsylvania's public sector unions for a slight boost in the polls. According to a Quinnipiac University poll released Aug. 3, Corbett’s approval rating increased to 44 percent in July, up from 39 percent in June, and his disapproval rate dropped to 36 percent from 38 percent in June. The Quinnipiac poll has a margin of error of 2.7 percent and surveyed 1,358 registered voters. Union leaders and political experts said Corbett’s jump resulted from his noncontroversial contract negotiation with public-sector unions. Terry Madonna, professor of public affairs at Franklin and Marshall College in Lancaster, cited the lack of “high drama” in the …
logansteele
9:34 pm on Wednesday, November 28, 2012
Well, not having a budget is what our leader does best. Next to playing golf. more ›