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Taxes

Thursday, January 24, 2013

When Can I File My 2012 Tax Return?

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 …

Monday, January 21, 2013

When Can I File My 2012 Tax Return?

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

"Fiscal Cliff" Could Mean $22 Billion More in Taxes for Pennsylvanians

Business owners say they are waiting to hire new workers or expand operations until the fiscal cliff is resolved by Congress.

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, …

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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 ›

Tuesday, November 20, 2012

Toomey: 'Fiscal Cliff' Spending Cuts 'Trivial' Compared to Looming Budget Crisis

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 …

Frediano

5:28 pm on Tuesday, November 20, 2012

Clearly, this divided nation is broken, we can't even communicate using the same math, economics, principles or logic, and so, it's just going to break. We've been successfully divided up and conquered. But no worries; they have all of us worried about 'austerity' now, defined as, the federal government cutting its overhead from over 25% of GDP while 'running the economy'... into the ground. JFK'…   more ›

Friday, November 16, 2012

Proposed Salisbury Budget Has No Tax Increase for 2013

Personnel vacancies and fund surpluses balance SalisburyTownship’s increased expenses.

  Salisbury residents may escape paying more taxes next year, but the budget proposed by Township Manager Randy Soriano Thursday night leaves a vacancy in the police department unfilled. “My proposed budget does not increase taxes,” said Soriano. Soriano’s proposed 2013 operating budget of $11,859,708 is a 4.3 percent increase in expenses over the 2012 budget, but overall would increase neither services nor fees.  “Revenue is very stagnant,” said Soriano. An increase in personnel requires additional revenue, he added. Township Police Chief Allen Stiles had requested two additional officers, one to fill a vacancy. “We have fewer officers on the road now,” said Stiles. If the vacancy remains unfilled, Stiles says he expects to continue …

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